Common use of Purchase Option Procedures in Case of Legal Proceedings or Voluntary Sale Clause in Contracts

Purchase Option Procedures in Case of Legal Proceedings or Voluntary Sale. If any Shareholder shall at any time be subject to subparagraphs 9(a) or (b) above, the other Shareholders shall have options to purchase all of such Shareholder's (the "Selling Shareholder") Shares and CHC shall have the next option to redeem the Selling Shareholder's Shares as follows:

Appears in 1 contract

Samples: Subscription and Shareholders' Agreement (Crusader Holding Corp)

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Purchase Option Procedures in Case of Legal Proceedings or Voluntary Sale. If any Shareholder shall at any time be subject to subparagraphs 9(a7(a) or (b) above, the other Shareholders shall have options the option to purchase all of such Shareholder's (the "Selling Shareholder") Shares and CHC NCM shall have the next option to redeem the Selling Shareholder's Shares as follows:

Appears in 1 contract

Samples: Subscription and Shareholders' Agreement (Crusader Holding Corp)

Purchase Option Procedures in Case of Legal Proceedings or Voluntary Sale. If any Shareholder shall at any time be subject to subparagraphs 9(a6(a) or (b) above, the other Shareholders shall have options to purchase all of such Shareholder's (the "Selling Shareholder") Shares and CHC CSC shall have the next option to redeem the Selling Shareholder's Shares as follows:

Appears in 1 contract

Samples: Shareholders' Agreement (Crusader Holding Corp)

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Purchase Option Procedures in Case of Legal Proceedings or Voluntary Sale. If any Shareholder shall at any time be subject to subparagraphs 9(a7(a) or (b) above, the other Shareholders shall have options to purchase all of such Shareholder's (the "Selling Shareholder") Shares and CHC CMC shall have the next option to redeem the Selling Shareholder's Shares as follows:

Appears in 1 contract

Samples: Subscription and Shareholders' Agreement (Crusader Holding Corp)

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