EFFECT OF CEASING TO HOLD SHARES. 10.1 A party shall cease to be a party to this agreement for the purpose of receiving benefits and enforcing his rights from the date that he ceases to hold (or beneficially own) any shares in the capital of the Company (but without prejudice to any benefits and rights enjoyed prior to such cessation).
EFFECT OF CEASING TO HOLD SHARES. A party shall cease to be a party to this agreement for the purpose of receiving benefits and enforcing his rights with effect from the date he ceases to hold or beneficially own any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).
EFFECT OF CEASING TO HOLD SHARES. 12.1 Subject to clause 12.2, a Party shall cease to be a party to this Agreement for the purpose of receiving benefits and enforcing his rights with effect from the date he ceases to hold or beneficially own any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).
EFFECT OF CEASING TO HOLD SHARES. Save as set out in clause 18, a party shall cease to be a party to this Agreement for the purpose of receiving benefits and enforcing his rights with effect from the date he ceases to hold or beneficially own any shares in the capital of the Company (but without prejudice to any benefits and rights enjoyed prior to such cessation).
EFFECT OF CEASING TO HOLD SHARES. 8.1 The Founder’s liability under clause 5 in relation to the Warranties shall survive a transfer of all or any shares by the Founder, and shall survive the Founder ceasing to be a director, or employee of or consultant to any Group Member. With the exception of the foregoing (and for the avoidance of doubt, clause 8.2) and without prejudice to the due performance by the Founder of all obligations up to the date of such cessation, when a Founder and any Permitted Transferees ceases to hold (or beneficially own) any shares in the capital of the Company, he shall have no further obligation or liability under this agreement save for any events or obligations which took place or applied prior to him ceasing to hold Shares.
EFFECT OF CEASING TO HOLD SHARES. In the event that a party to this Agreement (other than the Company) following Completion ceases to hold (together with its Permitted Transferees) any interest in any Shares (the date on which such requirement is satisfied being the “Cessation Date”), then as from the Cessation Date such party shall have no right to enforce any provision of this Agreement (including any requirement that its consent be obtained in relation to any matter) and this Agreement may be terminated, supplemented or amended without the agreement of such party, save that:
EFFECT OF CEASING TO HOLD SHARES. Save as explicitly set out herein or in relation to the Founder undertakings given at Part 2 of Schedule 4, a party shall cease to be a party to this Agreement for the purpose of receiving benefits and enforcing his rights with effect from the date he ceases to hold or beneficially own any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).
EFFECT OF CEASING TO HOLD SHARES. A party (other than a Founder) shall cease to be a party to this agreement for the purpose of such party’s rights and obligations with effect from the date such party (together with such party’s Permitted Transferees) cease to hold or beneficially own any Shares (but without prejudice to the Survival Provisions and any rights or liabilities that have accrued prior to such cessation, which shall survive such cessation).
EFFECT OF CEASING TO HOLD SHARES. A party shall cease to be a party to this agreement for the purpose of receiving benefits and enforcing his rights with effect from the date he ceases to hold or beneficially own any shares in the capital of the Company (but without prejudice to any benefits and rights accrued prior to such cessation). CUMULATIVE REMEDIES The rights, powers, privileges and remedies conferred upon the Investors in this agreement are cumulative and are not exclusive of any other rights, powers, privileges or remedies provided by law. WAIVER The express or implied waiver by any party to this agreement of any of its rights or remedies arising under this agreement or by law shall not constitute a continuing waiver of the right or remedy waived or a waiver of any other right or remedy. ENTIRE AGREEMENT This agreement and the documents referred to or incorporated in it constitute the entire agreement between the parties relating to the subject matter of this agreement and supersede and extinguish any prior drafts, agreements, undertakings, representations, warranties and arrangements of any nature whatsoever, whether or not in writing, between the parties in relation to the subject matter of this agreement. Each of the parties acknowledges and agrees that it has not entered into this agreement in reliance on any statement or representation of any person (whether a party to this agreement or not) other than as expressly incorporated in this agreement and the documents referred to or incorporated in this agreement. Without limiting the generality of the foregoing, each of the parties irrevocably and unconditionally waives any right or remedy it may have to claim damages and/or to rescind this agreement by reason of any misrepresentation (other than a fraudulent misrepresentation) having been made to it by any person (whether a party to this agreement or not) and upon which it has relied in entering into this agreement. Each of the parties acknowledges and agrees that the only cause of action available to it under the terms of this agreement and the documents referred to or incorporated in this agreement in respect of a Claim shall be for breach of contract. Nothing contained in this agreement or in any other document referred to or incorporated in it shall be read or construed as excluding any liability or remedy as a result of fraud.
