Common use of Pricing Date Clause in Contracts

Pricing Date. (a) On the date that the Company and each of the underwriters party thereto enter into the Underwriting Agreement (the “Pricing Date”), subject to Section 2.3(c), the respective parties to each of the Transaction Documents listed below shall simultaneously duly execute and deliver: (i) the Exchangeable Issuer Purchase Agreement; and (ii) the Mandatory Exchangeable Placement Purchase Agreement. (b) SBGC shall have the right to determine the left lead arranger in connection with any Company Offering, subject to the approval of the Company (unless such lead left arranger is ▇▇▇▇▇▇▇ Sachs & Co. LLC). (c) SBGC may, in its sole discretion, elect not to proceed with the Mandatory Exchangeable Placement or enter into the Mandatory Exchangeable Placement Purchase Agreement.