Action Necessary to Effectuate the Agreement Sample Clauses

Action Necessary to Effectuate the Agreement. The parties hereto agree to take or cause to be taken all such corporate and other action as may be necessary to effect the intent and purposes of this Agreement.
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Action Necessary to Effectuate the Agreement. . . . 36 4.10 Purchase for Investment; Legend on Certificate . . . . . . 36 4.11
Action Necessary to Effectuate the Agreement. In their respective capacities as Stockholders of the Company, the parties hereto agree to take or cause to be taken all such corporate and other action as may be necessary to effect the intent and purposes of this Agreement. Notwithstanding anything to the contrary contained herein, no provision hereof shall in any way obligate any Management Stockholder to take or refrain from taking any action in such Management Stockholder's capacity as a director or officer of the Company.
Action Necessary to Effectuate the Agreement. The parties hereto agree to take or cause to be taken all such corporate and other action as may be necessary to effect the intent and purposes of this Agreement. This Agreement supersedes and replaces the 1993 Stockholders' Agreement which is terminated upon the consummation of the transactions contemplated in the Recapitalization Agreement pursuant to Section 6.7 of the 1993 Stockholders' Agreement which provides that the 1993 Stockholders' Agreement shall be terminated and of no further force and effect on the first day the Desax Xxxders hold less than 15% of the Shares of the Company, on a fully-diluted basis.

Related to Action Necessary to Effectuate the Agreement

  • PARTIES TO THE AGREEMENT ‌ The parties to the Agreement (hereinafter "Party" or "Parties") are:

  • Termination of the Agreement In the event of failure by the participant to perform any of the obligations arising from the agreement, and regardless of the consequences provided for under the applicable law, the institution is legally entitled to terminate or cancel the agreement without any further legal formality where no action is taken by the participant within one month of receiving notification by registered letter. If the participant terminates the agreement before its agreement ends or if he/she fails to follow the agreement in accordance with the rules, he/she shall have to refund the amount of the grant already paid, except if agreed differently with the sending organisation. In case of termination by the participant due to "force majeure", i.e. an unforeseeable exceptional situation or event beyond the participant's control and not attributable to error or negligence on his/her part, the participant shall be entitled to receive at least the amount of the grant corresponding to the actual duration of the mobility period. Any remaining funds shall have to be refunded, except if agreed differently with the sending organisation.

  • Terms of the Agreement Each Party shall treat the terms of this Agreement as the Confidential Information of other Party, subject to the exceptions set forth in Section 7.2. Notwithstanding the foregoing, each Party acknowledges that the other Party may be obligated to file a copy of this Agreement with the SEC, either as of the Effective Date or at some point during the Term. Each Party shall be entitled to make such a required filing, provided that it requests confidential treatment of certain commercial terms and sensitive technical terms hereof to the extent such confidential treatment is reasonably available to it. In the event of any such filing, the filing Party shall provide the other Party with a copy of the Agreement marked to show provisions for which the filing Party intends to seek confidential treatment and shall reasonably consider and incorporate the other Party’s comments thereon to the extent consistent with the legal requirements governing redaction of information from material agreements that must be publicly filed. The other Party shall promptly provide any such comments.

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