Common use of Resignations of Directors and Officers Clause in Contracts

Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.8, all of the directors and officers of the Companies shall have -------- --- resigned their positions with the Companies, on or prior to the Closing Date, and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc., as the Buyer shall have reasonably requested.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameritruck Distribution Corp)

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Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.8, 5.6 all of the directors and officers of the Companies Company shall have -------- --- resigned their positions with the CompaniesCompany, on or prior to the Closing Date, Date and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc.and other similar matters, as the Buyer Acquirer shall have reasonably requested.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bel Fuse Inc /Nj)

Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.8, all All of the directors and officers of the Companies Company listed on Schedule 8.5 hereto shall have -------- --- resigned their positions with the CompaniesCompany, on or prior to the Closing Date, and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc., as the Buyer shall have reasonably requested.

Appears in 1 contract

Samples: Stock Purchase Agreement (Portola Packaging Inc)

Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.8, all All of the directors and officers of the Companies Company shall have -------- --- resigned their positions with the CompaniesCompany, on or prior to the Closing Date, Date and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc.and other similar matters, as the Buyer Acquirer shall have reasonably requested.

Appears in 1 contract

Samples: Merger Agreement (Collegiate Funding Services Inc)

Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.8, 6.5 all of the directors and officers of the Companies Company shall have -------- --- resigned their positions with the CompaniesCompany and each of its Subsidiaries, on or prior to the Closing Date, Date and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc.and other similar matters, as the Buyer Acquirer shall have reasonably requested.

Appears in 1 contract

Samples: Merger Agreement (C&d Technologies Inc)

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Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.8, all All of the directors and officers of the Companies Company listed on Schedule 7.4 hereto shall have -------- --- resigned their positions with the CompaniesCompany, on or prior to the Closing Date, and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc., as the Buyer shall have reasonably requested.

Appears in 1 contract

Samples: Stock Purchase Agreement (Portola Packaging Inc)

Resignations of Directors and Officers. Except as set forth on ------------ -- --------- --- -------- Schedule 7.87.10 hereto, all of the directors and officers of the Companies shall have -------- --- resigned their positions with the Companies, Companies on or prior to the Closing Date, and prior thereto shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc., as the Buyer shall have reasonably requested.

Appears in 1 contract

Samples: Stock Purchase Agreement (H R Window Supply Inc)

Resignations of Directors and Officers. Except as set forth on The officers and directors ------------ -- --------- --- -------- of each Company set forth on Schedule 7.8, all of the directors and officers of the Companies 8.11 hereto shall have -------- --- resigned their -------- ---- positions with the Companieseach such Company, on or prior to the Closing Date, and prior thereto on such date shall have executed such appropriate documents with respect to the transfer or establishment of bank accounts, signing authority, etc., as the Buyer shall have reasonably requestedrequest.

Appears in 1 contract

Samples: Stock Purchase Agreement (Chancellor Corp)

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