Common use of Binding Successors Clause in Contracts

Binding Successors. Without limiting any other rights Parent may have hereunder in respect of any Transfer (including Exempt Transfer) of the Covered Shares, Shareholder agrees that this Agreement and the obligations hereunder shall attach to the Covered Shares beneficially owned by Shareholder and its Affiliates and shall automatically and without need for further documentation be binding upon any Person to which beneficial ownership of such Covered Shares shall pass, whether by operation of law or otherwise, including, without limitation, Shareholder’s heirs, guardians, administrators, Representatives, transferees (including pursuant to Exempt Transfers), successors or permitted assigns; provided that if such person is not a party to the Rollover Agreement, then such person will enter into a Rollover and Contribution Agreement with Parent, on the same terms as the Rollover Agreement, or a joinder thereto.

Appears in 6 contracts

Samples: Voting and Support Agreement (Washington Dennis R), Voting and Support Agreement (Sokol David L), Voting and Support Agreement (Fairfax Financial Holdings LTD/ Can)

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Binding Successors. Without limiting any other rights Parent may have hereunder in respect of any Transfer (including Exempt Transfer) of the Covered Shares, Shareholder agrees that this Agreement and the obligations hereunder shall attach to the Covered Shares beneficially owned by Shareholder and its Affiliates and shall automatically and without need for further documentation be binding upon any Person to which beneficial ownership of such Covered Shares shall pass, whether by operation of law or otherwise, including, without limitation, Shareholder’s heirs, guardians, administrators, Representatives, transferees (including pursuant to Exempt Transfers), successors or permitted assigns; provided that if such person is not a party to or is not represented by Hxxxxxx Watsa Investment Counsel Ltd. for the purposes of the Rollover Agreement, then such person will enter into a Rollover and Contribution Agreement with Parent, on the same terms as the Rollover Agreement, or a joinder thereto.

Appears in 2 contracts

Samples: Voting and Support Agreement (Sokol David L), Voting and Support Agreement (Fairfax Financial Holdings LTD/ Can)

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Binding Successors. Without limiting any other rights Parent may have hereunder in respect of any Transfer (including Exempt Transfer) of the Covered Shares, Shareholder agrees that this Agreement and the obligations hereunder shall attach to the Covered Shares beneficially owned by Shareholder and its Affiliates and shall automatically and without need for further documentation be binding upon any Person to which beneficial ownership of such Covered Shares shall pass, whether by operation of law or otherwise, including, without limitation, Shareholder’s heirs, guardians, administrators, Representatives, transferees (including pursuant to Exempt Transfers), successors or permitted assigns; provided that if such person is not a party to or is not represented by Xxxxxxx Watsa Investment Counsel Ltd. for the purposes of the Rollover Agreement, then such person will enter into a Rollover and Contribution Agreement with Parent, on the same terms as the Rollover Agreement, or a joinder thereto.

Appears in 1 contract

Samples: Voting and Support Agreement (Washington Dennis R)

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