Obligations of the Principal Shareholders Sample Clauses

Obligations of the Principal Shareholders. The liabilities and obligations of each Principal Shareholder under any provision of this Agreement are several and not joint and apply solely to such Principal Shareholder and to the Shares held of record by such Principal Shareholder. No Principal Shareholder shall have any liability or obligation under this Agreement for any act, omission or breach by any other Principal Shareholder.
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Obligations of the Principal Shareholders. In connection with the registration of the Registrable Securities, the Principal Shareholders shall have the following obligations:
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Obligations of the Principal Shareholders. If any director of Yogen Fruz nominated by either group of Principal Shareholders shall cease to be a director for any reason whatsoever, each Principal Shareholder shall use its best efforts, promptly upon the request of the group of Principal Shareholders whose director has ceased to be a director, to cause to be elected or appointed a legally qualified individual nominated jointly by that group of Principal Shareholders (whose director has ceased to be a director) to replace such director. Each of the Yogen Fruz Principal Shareholders and the Integrated Brands Principal Shareholders shall cast or cause to be cast all votes attached to the Voting Securities Beneficially Owned by it from time to time at all meetings of shareholders of Yogen Fruz at which any director of Yogen Fruz is to be elected, to elect and maintain as directors of Yogen Fruz the number of nominees of the Integrated Brands Principal Shareholders and Yogen Fruz Principal Shareholders required by this Agreement. If any director ceases to be a director of Yogen Fruz for any reason at any time, each group of Principal Shareholders shall direct any nominees which it has on the board of directors of Yogen Fruz to vote to appoint a new or additional nominee to the board of the group of Principal Shareholders whose nominee ceased to be a director. If the board of directors of Yogen Fruz does not appoint any such required nominee to the board of directors of Yogen Fruz within 5 Business Days after receiving notice of such nomination, then Yogen Fruz shall, at the request of any Principal Shareholder, promptly call a meeting of its shareholders to fill such vacancy, which meeting shall be held within 75 days thereafter. At any such meeting, each Yogen Fruz Principal Shareholder and each integrated Brands Principal Shareholder shall cast or cause to be cast all votes attached to the Voting Securities of Yogen Fruz Beneficially Owned by it as contemplated by this Agreement. Each Principal Shareholder agrees to use its best efforts, and shall take all actions to ensure (i) that Xxxxxxx Xxxxxxx and Xxxxxxx X. Xxxxx are elected as the Co-Chairman and Chief Executive Officer of Yogen Fruz and each subsidiary and (ii) that the Board of Directors of Yogen Fruz and the Board of Directors of each direct and indirect subsidiary of Yogen Fruz, and each Committee of the Board of Directors of Yogen Fruz and each Committee of the Board of Directors of each direct and indirect subsidiary of Yogen Fruz shall be...
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Obligations of the Principal Shareholders 
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Related to Obligations of the Principal Shareholders

  • Obligations of the Purchasers In connection with the registration of the Registrable Securities, the Purchasers shall have the following obligations:

  • Obligations of the Purchaser In connection with the registration of the Registrable Securities, the Purchaser shall have the following obligations:

  • Obligations of the Investors In connection with the registration of the Registrable Securities, the Investors shall have the following obligations:

  • OBLIGATIONS OF THE INVESTOR a. The Company shall notify the Investor in writing of the information the Company reasonably requires from the Investor in connection with any registration statement hereunder. The Investor shall furnish to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as shall be reasonably required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request.

  • OBLIGATIONS OF THE BUYER a. The Buyer has furnished to the Company in Exhibit B hereto such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it as required to effect the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request. The Company shall notify the Buyer in writing of any other information the Company reasonably requires from the Buyer in connection with any Registration Statement hereunder. The Buyer will as promptly as practicable notify the Company of any material change in the information set forth in Exhibit B, other than changes in its ownership of the Common Stock.

  • Conditions of the Obligations of the Purchasers The obligations of the several Purchasers to purchase and pay for the Purchased Notes will be subject to the accuracy of the representations and warranties on the part of the Company herein, to the accuracy of the statements of Company officers made pursuant to the provisions hereof, to the performance by the Company of its obligations hereunder and to the following additional conditions precedent:

  • Limitations of Liability of the Board and Shareholders of the Investment Company The execution and delivery of this Agreement have been authorized by the Board of the Investment Company and signed by an authorized officer of the Investment Company, acting as such, and neither such authorization by the Board nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, and the obligations of this Agreement are not binding upon any member of the Board or Shareholders of the Investment Company, but bind only the property of the Fund, or Class, as provided in the Declaration of Trust.

  • Conditions of the Obligations of the Placement Agent The obligations of the Placement Agent hereunder shall be subject to the accuracy of the representations and warranties on the part of the Company set forth in Section 2 hereof, in each case as of the date hereof and as of each Closing Date as though then made, to the timely performance by each of the Company of its covenants and other obligations hereunder on and as of such dates, and to each of the following additional conditions:

  • Obligations of the Investment Adviser a. The Investment Adviser shall provide (or cause the Trust's custodian to provide) timely information to the Subadviser regarding such matters as the composition of assets in the Fund, cash requirements and cash available for investment in the Fund, and all other information as may be reasonably necessary for the Subadviser to perform its responsibilities hereunder.

  • Obligations of the Parties 2.1 The Trust shall prepare and be responsible for filing with the Securities and Exchange Commission and any state regulators requiring such filing all shareholder reports, notices, proxy materials (or similar materials such as voting instruction solicitation materials), prospectuses and statements of additional information of the Trust. The Trust shall bear the costs of registration and qualification of its shares, preparation and filing of the documents listed in this Section 2.1 and all taxes to which an issuer is subject on the issuance and transfer of its shares.

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