Share Agreement Clause Samples
A Share Agreement clause defines the terms under which shares of a company are issued, transferred, or otherwise dealt with among parties. It typically outlines the rights and obligations of shareholders, procedures for buying or selling shares, and any restrictions on share transfers, such as requiring board approval or offering shares to existing shareholders before outsiders. The core function of this clause is to regulate ownership changes and protect the interests of both the company and its shareholders by ensuring transparency and preventing unwanted third-party involvement.
Share Agreement. “Share Agreement” shall have the meaning set forth in Section 2.11(a).
Share Agreement. It is agreed as follows:
Share Agreement. Each Party shall use its commercially reasonable effo1is to cooperate with the other Party as reasonably requested by such other Pa1iy in connection with the transfer from Maiden Re to the Retrocessionaire of the authority and obligations set forth in this Section £1.(£} in accordance with the terms of this Agreement, and take such further actions and execute such further documents and agreements as may be necessary to carry out this Section 4. 1(c). Following an Administrative Triggering Event, and provided that Maiden Re is not in breach of its obligations under this Agreement or the Master Collateral Agreement (unless such breach has been fully cured), the Retrocessionaire shall consult and cooperate with Maiden Re in good faith regarding the Retrocessionaire's exercise of its rights under this Section 4.1 (c).
(d) In the event Maiden Re breaches its obligations under this Section 4.1 or unreasonably fails to follow the advice or direction of the Retrocessionaire or its de,signees with respect to the Underlying Business, all Damages resulting from such fai lure shall be excluded from Ultimate Net Loss, provided that no such Damages shall be deducted from the Ultimate Net Loss unless Retrocessionaire has fi rst provided Maiden Re with written notice of its intent to apply such deduction and negotiated with Maiden Re in good faith for thirty (30) days after delivering such notice to try to resolve the matter. Also, nothing herein shall be construed to allow Retrocessionaire such an exclusion from Ultimate Net Loss for any Damages attributable to (i) All disagreeing with or not following Maiden Re's position with respect to any matters under Existing Quota Share Agreement, or (ii) any acts or omissions of a Person who is a director, officer, employee, agent, successor or permitted assign of the Retrocessionaire or any of its Affiliates, Representatives or agents.
Share Agreement. The Lead Reinsurer may seek the advice of the other pool members at its discretion. The Lead Reinsurer is noted in Schedule I.
Share Agreement. In its most basic form, a code-share agreement simply allows for a flight operated by one carrier (which will offer the flight for sale under its own code or designator and associated flight number, such as ‘SQ1234’), also to be marketed by another carrier, under that other carrier’s code and flight number (e.g. ‘LH5678’). The carrier operating the flight (in this case, carrier with code ‘SQ’) is known as the “operating carrier”, while the carrier marketing the flight under its own code (in this case ‘LH’) is known as the “marketing carrier”. The carrier that issues tickets to the passenger for a journey involving a code-share flight is known as the “ticketing carrier”. Where the complete journey does not involve a third carrier, the ticketing carrier will generally be the same as the marketing carrier.
Share Agreement. The USER will notify the Committee and the Road Holder of any significant changes to its Industrial Activities and will participate in determining and implementing any route or schedule decisions regarding hauling determined to be necessary to maintain safety.
Share Agreement. This activity is used to share the agreement with the other users. Following are the parameters for this activity Agreement Id* (String): This parameter will contain the agreement id email* (String []): This parameter will contain email accounts where the reminder needs to be sent message (String): This parameter will contain the message. This field is optional Share Creation Response List (String): The parameter will contain response in JSON format {
Share Agreement. Each Party shall use its commercially reasonable effo1is to cooperate with the other Party as reasonably requested by such other Pa1iy in connection with the transfer from Maiden Re to the Retrocessionaire of the authority and obligations set forth in this Section £1.(£} in accordance with the terms of this Agreement, and take such further actions and execute such further documents and agreements as may be necessary to carry out this Section 4. 1(c). Following an Administrative Triggering Event, and provided that Maiden Re is not in breach of its obligations under this Agreement or the Master Collateral Agreement (unless such breach has been fully cured), the Retrocessionaire shall consult and cooperate with Maiden Re in good faith regarding the Retrocessionaire's exercise of its rights under this Section 4.1 (c).