Common use of Resignations of Directors Clause in Contracts

Resignations of Directors. Except as otherwise specifically directed by Purchaser, each director of the Acquired Company or any Subsidiary as of the Closing Date shall resign as a director of the Acquired Company and any such Subsidiaries and such resignations shall be delivered to Purchaser at Closing.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Laidlaw International Inc), Stock Purchase Agreement (Laidlaw International Inc), Stock Purchase Agreement (Emergency Medical Services CORP)

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Resignations of Directors. Except as otherwise specifically directed by Purchaser, each director of the Acquired Company or any Subsidiary as of the Actual Closing Date shall resign as a director of the Acquired Company and any such Subsidiaries and such resignations shall be delivered to Purchaser at Closing.”

Appears in 3 contracts

Samples: Stock Purchase Agreement (Laidlaw International Inc), Stock Purchase Agreement (Laidlaw International Inc), Stock Purchase Agreement

Resignations of Directors. Except as otherwise specifically directed by Purchaser, each Each director of the Acquired Company or any Subsidiary Subsidiary, who is also an officer or a director of the Seller, shall have delivered to the Purchaser a duly executed resignation effective as of the Closing Date shall resign as a director of the Acquired Company and any such Subsidiaries and such resignations shall be delivered to Purchaser at ClosingDate.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gfi Industries S A)

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Resignations of Directors. Except as otherwise specifically directed by Purchaser, each director of the Acquired Company or any Subsidiary as of the Actual Closing Date shall resign as a director of the Acquired Company and any such Subsidiaries and such resignations shall be delivered to Purchaser at Closing."

Appears in 1 contract

Samples: Stock Purchase Agreement (Emergency Medical Services CORP)

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