COMBINED HOLDINGS. The Securities held by a Shareholder ----------------- and such Shareholder's Affiliates shall for all purposes of this Agreement be treated as Securities held by a single Shareholder. Notwithstanding a Transfer to an Affiliate, the Shareholder shall remain liable for any and all of its obligations under this Agreement and the Subscription Agreement.
Appears in 2 contracts
Samples: Management Services Agreement (International Wireless Communications Holdings Inc), Shareholders' Agreement (International Wireless Communications Holdings Inc)
COMBINED HOLDINGS. The Securities held by a Shareholder ----------------- and such Shareholder's Affiliates shall for all purposes of this Agreement be treated as Securities held by a single Shareholder. Notwithstanding a Transfer to an Affiliate, the Shareholder shall remain liable for any and all of its obligations under this Agreement and the Subscription Agreement.
Appears in 2 contracts
Samples: Shareholders' Agreement (International Wireless Communications Holdings Inc), Shareholders' Agreement (International Wireless Communications Holdings Inc)