Release of Liability. In the event any Shareholder shall Transfer all of the Common Shares held by such Shareholder in compliance with the provisions of this Agreement without retaining any interest therein, then such Shareholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer.
Appears in 12 contracts
Samples: Shareholders’ Agreement (Enstar Group LTD), Voting and Shareholders’ Agreement (Enstar Group LTD), Shareholders’ Agreement
Release of Liability. In the event any Shareholder Stockholder shall Transfer all of the Common Shares Stock held by such Shareholder Stockholder in compliance with the provisions of this Agreement (including, without limitation, if accompanied with the assignment of rights and obligations hereunder, the execution and delivery by the transferee of a Joinder Agreement) without retaining any interest therein, then such Shareholder Stockholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer, except in the case of fraud or intentional misconduct.
Appears in 7 contracts
Samples: Joinder Agreement (Better Home & Finance Holding Co), Joinder Agreement (Aurora Acquisition Corp.), Investor Rights Agreement (Tailwind Acquisition Corp.)
Release of Liability. In the event any Shareholder Stockholder shall Transfer all of the Common Shares Stock held by such Shareholder Stockholder in compliance with the provisions of this Agreement without retaining any interest therein, then such Shareholder Stockholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer.
Appears in 6 contracts
Samples: Stockholders Agreement (GlassBridge Enterprises, Inc.), Stockholders Agreement, Preferred Stock Subscription Agreement
Release of Liability. In the event any Shareholder shall Transfer all of the Common Shares Stock held by such Shareholder in compliance with the provisions of this Agreement without retaining any interest therein, then such Shareholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer.
Appears in 4 contracts
Samples: Shareholders Agreement (Ameris Bancorp), Stock Purchase Agreement (Ameris Bancorp), Shareholders Agreement (Highbridge Principal Strategies, LLC)
Release of Liability. In the event any Shareholder shall Transfer Transfers all of the Common Shares held by such Shareholder it in compliance with the provisions of this Agreement without retaining any interest therein, then such that Shareholder shall will cease to be a party to this Agreement and shall will be relieved and have no further liability arising hereunder for events occurring from and after the date of such that Transfer.
Appears in 3 contracts
Samples: Shareholders’ Agreement (Via Optronics AG), Shareholders’ Agreement (Via Optronics AG), Shareholders’ Agreement (Via Optronics AG)
Release of Liability. In the event If any Shareholder shall Transfer all of the Common Shares held by such Shareholder in compliance with the provisions of this Agreement without retaining any interest therein, then such Shareholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer.
Appears in 2 contracts
Samples: Shareholder Agreement (Atlantica Yield PLC), Shareholder Agreement (Algonquin Power & Utilities Corp.)
Release of Liability. In the event any Shareholder shall Transfer all of the Common Shares Stock held by such Shareholder in compliance with the provisions of this Agreement (including, without limitation, if accompanied with the assignment of rights and obligations hereunder, the execution and delivery by the transferee of a Joinder Agreement) without retaining any interest therein, then such Shareholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer, except in the case of any breach of this Agreement occurring prior to such Transfer.
Appears in 2 contracts
Samples: Lock Up Agreement (Anghami Inc), Lock Up Agreement (Vistas Media Acquisition Co Inc.)
Release of Liability. In Except as otherwise provided herein, in the event any Shareholder shall Transfer Transfers all of the Common Shares held by such Shareholder in compliance with the provisions of this Agreement without retaining any interest therein, then such Shareholder shall cease to be a party to this Agreement and shall be relieved and have no further liability arising hereunder for events occurring from and after the date of such Transfer.
Appears in 2 contracts
Samples: Shareholders Agreement (Cannabis Global, Inc.), Shareholders Agreement (Cannabis Global, Inc.)
