Common use of A Directors Clause in Contracts

A Directors. For so long as Xx Xxxxxx holds office as a director of the Company references in this Agreement to ‘A Directors’ shall be construed as references to Xx Xxxxxx unless some other person has been appointed as the A Director pursuant to Clause 12.3. 2 Conditions 2.1 Conditions precedent Completion of this Agreement is conditional on: 2.1.1 the Facility Documents becoming unconditional in all respects; 2.1.2 the Offer becoming or (where permitted by the terms of the Offer) being declared unconditional in all respects on or before 30 September 2003 (the “Long Stop Date”) provided always that if the Offer cannot be declared unconditional in all respects due to the Xxxx Xxxxx Xxxxxx Condition not being satisfied such Long Stop Date shall automatically be extended to 30 October 2003 or, in each case, such later date as may be agreed by NewCo and the Company; and 2.1.3 those matters set out in Part 2 of Schedule 4 having been effected. The parties hereto agree to use their reasonable endeavours to procure that (i) the above conditions are satisfied by the Long Stop Date or such other date as may be agreed by NewCo and (ii) within 5 Business Days of the date hereof, NewCo and the Company make valid and binding filings, pay all relevant fees and take all such further action as is reasonably required with the intention of ensuring that the Xxxx Xxxxx Xxxxxx Condition is satisfied.

Appears in 4 contracts

Samples: Investment and Shareholders Agreement (Xyratex LTD), Investment and Shareholders Agreement (Xyratex LTD), Investment and Shareholders Agreement (Xyratex LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!