Agent for Affiliated Holders. If a portion or all of the Subject Shares held by Doubletree, XxXxxx, the Trusts or the Fix Partnership shall be transferred to one or more Permitted Transferees, resulting in the Subject Shares which were theretofore held by such Holder being held by more than one Holder, then Doubletree, XxXxxx, the Trusts or the Fix Partnership, as the case may be, shall: (i) act, or shall cause one of such Holders, to act, as agent and proxy for all purposes of this Agreement (including without limitation the voting of Subject Shares, the nomination of Directors, the giving of consents, the approval of amendments, the receipt of notices, etc.) for all of the Doubletree Holders, XxXxxx Holders or the Fix Partnership Holders, as the case may be, and (ii) specify in writing to the other parties that it (or such other Holder) is to act as such agent and proxy, and thereafter the other parties shall be entitled to look solely to, and to deal solely with, the person so specified for all purposes of this Agreement as if such Holder held all the Subject Shares held by the party providing such notice and its Permitted Transferees.
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Samples: Stockholders Agreement (J P Morgan Partners Sbic LLC), Stockholders Agreement (Pecks Management Partners LTD /Adv), Stockholders Agreement (Olympus Growth Fund Ii Lp)
Agent for Affiliated Holders. If a portion or all of the Subject Shares held by Doubletree, XxXxxxDeBoxx, the xxe Trusts or the Fix Partnership shall be transferred to one or more Permitted Transferees, resulting in the Subject Shares which were theretofore held by such Holder being held by more than one Holder, then Doubletree, XxXxxxDeBoxx, the xxe Trusts or the Fix Partnership, as the case may be, shall: (i) act, or shall cause one of such Holders, to act, as agent and proxy for all purposes of this Agreement (including without limitation the voting of Subject Shares, the nomination of Directors, the giving of consents, the approval of amendments, the receipt of notices, etc.) for all of the Doubletree Holders, XxXxxx Holders DeBoxx Xxxders or the Fix Partnership Holders, as the case may be, and (ii) specify in writing to the other parties that it (or such other Holder) is to act as such agent and proxy, and thereafter the other parties shall be entitled to look solely to, and to deal solely with, the person so specified for all purposes of this Agreement as if such Holder held all the Subject Shares held by the party providing such notice and its Permitted Transferees.
Appears in 3 contracts
Samples: Stockholders Agreement (Candlewood Hotel Co Inc), Stockholders Agreement (Doubletree Corp), Stockholders Agreement (Candlewood Hotel Co Inc)
Agent for Affiliated Holders. If a portion or all of the Subject Shares held by Doubletree, XxXxxxDeBoxx, the Trusts xxe DeBoxx Xxxtnership or the Fix Partnership shall be transferred to one or more Permitted Transferees, resulting in the Subject Shares which were theretofore held by such Holder being held by more than one Holder, then Doubletree, XxXxxxDeBoxx, the Trusts xxe DeBoxx Xxxtnership or the Fix Partnership, as the case may be, shall: (i) act, or shall cause one of such Holders, Holders to act, as agent and proxy for all purposes of this Agreement (including without limitation the voting of Subject Shares, the nomination of Directors, the giving of consents, the approval of amendments, the receipt of notices, etc.) for all of the Doubletree Holders, XxXxxx Holders DeBoxx Xxxders or the Fix Partnership Holders, as the case may be, and (ii) specify in writing to the other parties that it (or such other Holder) is to act as such agent and proxy, and thereafter the other parties shall be entitled to look solely to, and to deal solely with, the person so specified for all purposes of this Agreement as if such Holder held all the Subject Shares held by the party providing such notice and its Permitted Transferees. Section 2.9.
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Agent for Affiliated Holders. If a portion or all of the Subject Shares held by Doubletree, XxXxxxDeBoxx, the xxe Trusts or the Fix Partnership shall be transferred to one or more Permitted Transferees, resulting in the Subject Shares which were theretofore held by such Holder being held by more than one Holder, then Doubletree, XxXxxxDeBoxx, the xxe Trusts or the Fix Partnership, as the case may be, shall: (i) act, or shall cause one of such Holders, Holders to act, as agent and proxy for all purposes of this Agreement (including without limitation the voting of Subject Shares, the nomination of Directors, the giving of consents, the approval of amendments, the receipt of notices, etc.) for all of the Doubletree Holders, XxXxxx Holders DeBoxx Xxxders or the Fix Partnership Holders, as the case may be, and (ii) specify in writing to the other parties that it (or such other Holder) is to act as such agent and proxy, and thereafter the other parties shall be entitled to look solely to, and to deal solely with, the person so specified for all purposes of this Agreement as if such Holder held all the Subject Shares held by the party providing such notice and its Permitted Transferees.
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