Common use of Continuation in Interest Clause in Contracts

Continuation in Interest. In the event SRH ceases to exist, whether by sale, merger, liquidation or otherwise, or ceases to hold the Company’s capital stock, the provisions of this Section 3 shall only apply to the Shares beneficially owned by Wxxxxxx or his Affiliates (excluding the Company).

Appears in 1 contract

Samples: Stockholders Agreement (Southwest Royalties Inc)

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Continuation in Interest. In the event SRH ceases to exist, whether by sale, merger, liquidation or otherwise, otherwise or ceases to hold the Company’s 's capital stock, the provisions of this Section 3 2 shall only apply to the Shares beneficially owned by Wxxxxxx Wommack or his Affiliates (excluding the Company).

Appears in 1 contract

Samples: Form of Stockholders Agreement (Southwest Royalties Inc)

Continuation in Interest. In the event SRH ceases to exist, whether by sale, merger, liquidation or otherwise, otherwise or ceases to hold the Company’s capital stock, the provisions of this Section 3 2 shall only apply to the Shares beneficially owned by Wxxxxxx or his Affiliates (excluding the Company).

Appears in 1 contract

Samples: Stockholders Agreement (Southwest Royalties Inc)

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Continuation in Interest. In the event SRH ceases to exist, whether by sale, merger, liquidation or otherwise, or ceases to hold the Company’s 's capital stock, the provisions of this Section 3 shall only apply to the Shares beneficially owned by Wxxxxxx Wommack or his Affiliates (excluding the Company).

Appears in 1 contract

Samples: Form of Stockholders Agreement (Southwest Royalties Inc)

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