Examples of Principal Investor Group in a sentence
If to a SCG Investor or to the SCG Principal Investor Group, to it: c/o Saban Capital Group 00000 Xxxxx Xxxxxx Xxxxxxxxx Los Angeles, California 90067 Facsimile No.: (000) 000-0000 Attention: Xxxx Xxxxxxxx with a copy (which shall not constitute notice) to: 00000 Xxxxx Xxxxxx Xxxxxxxxx Suite 2600 Los Angeles, California 90067 Facsimile No.: (000) 000-0000 Attention: Xxxxxx Xxxxxx, Esq.
If and for so long as any Stockholder that is a Principal Investor or is otherwise a member of a Principal Investor Group is, together with the other members of its Principal Investor Group and such Principal Investor Group’s Permitted Transferees, the holder of an aggregate amount of Shares that have an aggregate Fair Market Value in excess of $50 million, each such Stockholder shall be entitled to appoint one person as an observer (a “Board Observer”) to the Board.
Neither this Agreement nor any right or obligation arising under this Agreement may be assigned by any party without the prior written consent of the other parties, provided that any Principal Investor may assign all or a portion of its rights (but not its obligations) hereunder to any member of its Principal Investor Group that is or becomes a Stockholder.
To the extent any Stockholder or Permitted Transferee shall Transfer any Shares pursuant to Section 3.1.1 or 3.1.5, such Stockholder or Permitted Transferee shall, within five business days following consummation of such Transfer, deliver notice thereof to the Company and each Principal Investor Group, provided, however, that such notice shall be provided only to the Company if prior notice of such transaction was previously provided to the Principal Investor Groups in accordance with Section 3.2 or 3.3.
A Principal Investor may enter into any stockholder agreement or arrangements with a member of its Principal Investor Group.