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Common use of Sale Process Clause in Contracts

Sale Process. The Majority Investors shall, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall have any liability to any other holder of Shares arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale except to the extent such Investor shall have failed to comply with the provisions of this Section 4.

Appears in 3 contracts

Samples: Stockholders Agreement (Music123, Inc.), Shareholder Agreements (Burlington Coat Factory Investments Holdings, Inc.), Shareholder Agreement (Burlington Coat Factory Investments Holdings, Inc.)

Sale Process. The Majority Investors shallwill, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall will have any liability to any other holder of Shares arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale Sale, except to the extent such Investor shall will have failed to comply with the provisions of this Section 4.

Appears in 3 contracts

Samples: Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.)

Sale Process. The Majority Prospective Selling Investors shallwill, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall will have any liability to any other holder of Shares arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale except to the extent such Investor shall will have failed to comply with the provisions of this Section 4.

Appears in 1 contract

Samples: Stockholders Agreement (Gym-Card, LLC)

Sale Process. The Majority Investors shall, in their sole discretion, are and will continue to be free to decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall have any liability to any other holder of Shares arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale Sale, except to the extent such an Investor shall have failed fails to comply with the provisions of this Section 4.

Appears in 1 contract

Samples: Stockholder Agreement (West Corp)

Sale Process. The Majority Investors shall, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall have any liability to any other holder of Shares arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale except to the extent such Investor shall have failed to comply with the provisions of this Section 4.

Appears in 1 contract

Samples: Stockholders Agreement (Transcultural Health Develpment, Inc.)

Sale Process. The Majority Prospective Selling Investors shallwill, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall will have any liability to any other holder of Shares arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale except to the extent such Investor shall will have failed to comply with the provisions of this Section 4ARTICLE IV.

Appears in 1 contract

Samples: Stockholders Agreement (Gymboree Corp)

Sale Process. The Majority Investors shalland the Prospective Selling Investors, as applicable, may, in their sole discretion, decide whether or not to pursue, consummate, postpone or abandon any proposed Sale and the terms and conditions thereof. No Investor or any Affiliate of any Investor shall will have any liability to any other holder of Shares Manager arising from, relating to or in connection with the pursuit, consummation, postponement, abandonment or terms and conditions of any proposed Sale except to the extent such Investor shall have has failed to comply with the provisions of this Section 4.

Appears in 1 contract

Samples: Management Stockholders Agreement (IMS Health Holdings, Inc.)