Examples of GAP Coinvestment in a sentence
As long as at least 500,000 shares of Series D Preferred Stock are outstanding, if General Atlantic Partners 74, L.P., GAP Coinvestment Partners II, L.P., GapStar, LLC, GAPCO GmbH & Co. KG and/or any Affiliate thereof in the aggregate own at least a majority of the outstanding shares of Series D Preferred Stock, then the holders of shares of Series D Preferred Stock, voting as a separate class, shall be entitled to elect one (1) director of the Corporation.
Xxxxxxxx and ------- Xxxxx Xxxxx shall have waived any preemptive rights with respect to the Purchased Shares pursuant to Section 4 of the Stockholders Agreement, dated as of October 24, 1997, among the Company, GAP 42, GAP Coinvestment and the stockholders named therein, as amended (as so amended, the "Stockholders Agreement").
Each of GAP LP and GAP Coinvestment (a) is ------------------- a partnership duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation, (b) has all requisite power and authority to conduct the business in which it is currently, or is proposed to be, engaged, and (c) has the requisite partnership power and authority to execute, deliver and perform its obligations under this Agreement and each of the other Transaction Documents to which it is a party.
GAP Coinvestment and each of the partners of GAP LP is an "Accredited Investor" as defined in Rule 501(a) under the Securities Act.
Xxxxxxxxxx GAP Coinvestment Partners II, L.P. c/o General Atlantic Service Company, LLC 3 Xxxxxxxx Xxxxx Xxxxxxxxx, XX 00000 Telecopier: (000) 000-0000 Attention: Dxxxx X.