Obligation to Sell Several. In the event that any Management Stockholder has transferred any shares of Company Stock to any Permitted Transferee, the failure of any one member of such group to perform its obligations hereunder shall not excuse or affect the obligations of any other member thereof, and the closing of the purchases from such other members by the Company (or its designee) shall not excuse, or constitute a waiver of the Company’s rights, if any, against, the defaulting member(s).
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Samples: Stockholders Agreement, Stockholders Agreement (El Pollo Loco Holdings, Inc.), Stockholders Agreement (EPL Intermediate, Inc.)
Obligation to Sell Several. In the event that any Management -------------------------- Stockholder has transferred any shares of Company Stock to any Permitted TransfereeTransferees, the failure of any one member of such group to perform its obligations hereunder shall not excuse or affect the obligations of any other member thereof, and the closing of the purchases from such other members by the Company (or its designee) shall not excuse, or constitute a waiver of the Company’s rights, if any, 's rights against, the defaulting member(s).
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Samples: Stockholders Agreement (HCC Industries International)
Obligation to Sell Several. In the event that any Terminated Management Stockholder has transferred any shares of Company Stock to any Permitted TransfereeTransferees, the failure of any one member of such group to perform its obligations hereunder shall not excuse or affect the obligations of any other member thereof, and the closing of the purchases from such other members by the Company (or its designee) shall not excuse, or constitute a waiver of the Company’s rights, if any, rights against, the defaulting member(s).
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Obligation to Sell Several. In the event that any Management Stockholder has transferred any shares of Company Stock to any Permitted TransfereeTransferees, the failure of any one member of such group to perform its obligations hereunder shall not excuse or affect the obligations of any other member thereof, and the closing of the purchases from such other members by the Company (or its designee) shall not excuse, or constitute a waiver of the Company’s rights, if any, rights against, the defaulting member(s).
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Obligation to Sell Several. In the event that any Management Stockholder has transferred Transferred any shares of Company Stock Mandatory Ordinary Shares or Hurdle Shares to any Permitted TransfereeTransferees, the failure of any one member of such group to perform its obligations hereunder shall not excuse or affect the obligations of any other member members thereof, and the . The closing of the purchases from any members of such other members group by the Company (or its designee) shall not excuse, or constitute a waiver of the Company’s rights, if any, rights against, the defaulting member(s).
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