Common use of Resignation of Directors Clause in Contracts

Resignation of Directors. Each Seller shall cause any director of the Company designated by such Seller and serving in such capacity as of the Closing Date to tender his written resignation, such resignation to be effective upon consummation of the Closing.

Resignation of Directors. Each Seller shall cause any director of the Company designated by such Seller and serving in such capacity as of the Closing Date to tender his or her written resignation, such resignation to be effective upon consummation of the Closing. Schedule B attached hereto accurately sets forth the directors designated by each Seller as of the Closing Date who are resigning.

Resignation of Directors. Each Seller shall cause any director each of the Company designated by such Seller and serving in such capacity as directors of the Transferred Companies specified by Buyer to submit a letter of resignation effective on or before the Closing Date to tender his written resignation, such resignation to be effective upon consummation of the ClosingDate.

Resignation of Directors. Each Seller Sellers shall cause any director such members of the board of directors of the Company and such officers of the Company as are designated by such Seller and serving in such capacity as of the Closing Date Purchaser to tender his written resignationtender, such resignation to be effective upon consummation of at the Closing, their resignations from such positions with the Company.

Resignation of Directors. Each At the Closing, Seller shall will cause any the directors of each Company to resign as director and officer of the such Company designated by such Seller and serving in such capacity effective as of the Closing Date to tender his written resignation, such resignation to be effective upon consummation of the Closing.

Resignation of Directors. Each If requested in writing by Seller, Seller shall cause any director each of the Company designated by such Seller and serving in such capacity as directors of the Acquired Companies and the Subsidiary to submit a letter of resignation effective on or before the Closing Date to tender his written resignation, such resignation to be effective upon consummation of the ClosingDate.

Resignation of Directors. Each Seller At the Closing, Sellers shall cause any director all directors of the Company designated and its Subsidiaries (except as otherwise directed by such Seller and serving Buyer in such capacity as of writing) to deliver their written resignations to Buyer, which resignations shall be effective immediately prior to the Closing Date and shall be in form and substance reasonably satisfactory to tender his written resignation, such resignation to be effective upon consummation of the ClosingBuyer .

Resignation of Directors. Each Seller The Sellers and the Company shall cause any director such members of the board of directors of the Company and such officers of the Company as are designated by such Seller and serving in such capacity as of the Closing Date Purchaser to tender his written resignationtender, such resignation to be effective upon consummation of at the Closing, their resignations from such positions with the Company.

Resignation of Directors. Each The Seller shall cause procure that at Closing, all persons acting on behalf of the Seller on any director of the boards of the Company designated by such Seller and serving in such capacity as or any of the Subsidiaries will resign and the Purchaser shall procure that such resignations are accepted and that (without prejudice to the Purchaser's rights against Seller under the Seller's Representations and Warranties and other indemnities pursuant to this Agreement) such persons will be discharged at Closing Date to tender his written resignation, such resignation to be effective upon consummation for the performance of the their duties up until Closing.

Resignation of Directors. Each Seller shall cause any director each member of the board of directors (or similar governing body) of, and each trustee or fiduciary of any plan or arrangement involving employee benefits of, the Company designated by such Seller and serving in such capacity as of the Closing Date its Subsidiary to tender his written resignation, or her resignation from such resignation to be position effective upon consummation as of the Closing.

Resignation of Directors. Each Seller The Selling Stockholders shall cause any director each of the directors of the Company designated by such Seller and serving in such capacity to submit a letter of resignation effective as of the Closing Date to tender his written resignation, such resignation to be effective upon consummation of the Closing.

Resignation of Directors. Each At the request of Buyer, Seller shall cause any so requested director of each member of the Company designated by such Seller and serving in such capacity as of the Closing Date Group to tender his written resignation, or her resignation from such resignation position effective prior to be effective upon consummation of or at the Closing.

Resignation of Directors. Each Seller shall cause any director The Sellers must procure that all of the Directors resign from their directorships in and offices of profit under and employment with the Company designated by such Seller and serving in such capacity as of deliver to the Closing Date to tender his Buyer their written resignation, such resignation to be effective upon consummation of the Closingresignations under seal.

Resignation of Directors. Each Seller At the Closing, Sellers shall cause any director each of the Company designated by such Seller managers, directors and serving in such capacity as officers of the Closing Date Company, the Sub S Holding Corporation and the Subsidiaries to tender his deliver written resignationresignations, such resignation and Buyer shall be entitled to be effective upon consummation elect the managers and directors of the ClosingCompany, the Sub S Holding Corporation and the Subsidiaries.