Directors’ Resignations. All Directors of the Company shall have tendered their resignations effective as of the Closing and shall have been replaced by nominees acceptable to Purchasers.
Appears in 2 contracts
Samples: 9 Transaction Agreement (Blum Richard C & Associates L P), 9 Transaction Agreement (Kinetic Concepts Inc /Tx/)
Directors’ Resignations. All Directors of the Company shall have tendered their resignations effective as of the Closing and shall have been replaced by nominees acceptable to Purchasers. SECTION 7.02.
Appears in 1 contract
Directors’ Resignations. All Directors Buyer shall have received the written resignation of each of the directors of the Company shall have tendered their resignations effective as of the Closing and shall have been replaced by nominees acceptable to PurchasersDate.
Appears in 1 contract
Samples: Stock Purchase Agreement (International Wire Group Inc)