Common use of Term of the Agreement; Termination of Certain Provisions Clause in Contracts

Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered LLC Units or Registrable Securities and (ii) such time as the Agreement is terminated by the Company and Medley Group. This Agreement may be amended only with the consent of the Company and Medley Group; provided that no amendment may materially and adversely affect the rights of a Covered Person, as such, other than on a pro rata basis with other Covered Persons without the consent of such Covered Person (or, if there is more than one such Covered Person that is so affected, without the consent of a majority of such affected Covered Persons in accordance with their holdings of Covered LLC Units and Registrable Securities).

Appears in 4 contracts

Samples: Employment Agreement (Medley Management Inc.), Employment Agreement (Sierra Income Corp), Registration Rights Agreement (Medley Management Inc.)

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Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered LLC Partnership Units or Registrable Securities and (ii) such time as the Agreement is terminated by the Company and Medley Groupthe Demand Committee. This Agreement may be amended only with the consent of the Company and Medley Groupthe Demand Committee; provided that no amendment may materially and adversely affect the rights of a Covered Person, as such, other than on a pro rata basis with other Covered Persons without the consent of such Covered Person (or, if there is more than one such Covered Person that is so affected, without the consent of a majority of such affected Covered Persons in accordance with their holdings of Covered LLC Partnership Units and Registrable Securities, including each so affected Significant Limited Partner).

Appears in 2 contracts

Samples: Registration Rights Agreement (PJT Partners Inc.), Registration Rights Agreement (PJT Partners Inc.)

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Term of the Agreement; Termination of Certain Provisions. (a) The term of this Agreement shall continue until the first to occur of (i) such time as no Covered Person holds any Covered LLC Holdings Units or Registrable Securities and (ii) such time as the Agreement is terminated by the Company and Medley Groupthe Demand Committee. This Agreement may be amended only with the consent of the Company and Medley Groupthe Demand Committee; provided that no amendment may materially and adversely affect the rights of a Covered Person, as such, other than on a pro rata basis with other Covered Persons without the consent of such Covered Person (or, if there is more than one such Covered Person that is so affected, without the consent of a majority of such affected Covered Persons in accordance with their holdings of Covered LLC Holdings Units and Registrable Securities).

Appears in 2 contracts

Samples: Registration Rights Agreement (FXCM Inc.), Registration Rights Agreement (FXCM Inc.)

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