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If the Company pays, and Parent receives, the Company Termination Fee pursuant to the Merger Agreement, then any such payment would be the sole and unique remedy of Parent, Merger Sub and their respective associates against the Company and its subsidiaries and if Parent pays, and the Company receives, the Parent Termination Fee pursuant to the Merger Agreement, then any such cost will be the sole and unique treatment of the Company and its associates towards Parent, Merger Sub and their respective affiliates beneath the Merger Agreement and the Limited Guarantees. • In addition, Parent is required to pay the Company a termination fee of US$4 million in the occasion that the Merger Agreement is validly terminated by either the Company or Parent if the closing of the Merger was not consummated previous Turkish Citizenship law firm citizenship by investment Firm to the Termination Date and all conditions to Closing have been satisfied or waived aside from the holders of not extra than fifteen % (15%) of the Shares shall have validly served a notice of dissent under Section 238 of the Cayman Islands Companies Law. Unless there has been a Change in the Company Recommendation (as defined beneath in the part titled «No Change of Recommendation»), which change was made in accordance with the Merger Agreement, the Board will make the advice that the shareholders of the Company approve and undertake the Merger Agreement (the «Company Recommendation») and will take all lawful actions to solicit the Company Shareholder Approval. In the occasion that the Company or Parent fails to pay the Termination Fee or the Parent Termination Fee, as the case could also be, when due and in accordance with the requirements of the Merger Agreement, the Company or Parent, as the case may be, shall be required to reimburse the opposite party for reasonable costs and bills really incurred or accrued by the opposite celebration in connection with assortment of such unpaid termination charge, together with accrued interest on such unpaid termination charge. The maximum combination liabilities of Parent, on the one hand, and the Company, however, for monetary damages in connection with the Merger Agreement are limited to the Parent Termination fee of US$12 million and the Company Termination Fee of US$6 million, respectively, and reimbursement of certain expenses in the occasion that Company or Parent fails to pay the relevant termination fee when due and in accordance with the necessities of the Merger Agreement, as the case could additionally be.
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