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 holders of two thirds of the outstanding Covered LLC Units. This Agreement may be amended only with the consent of the Company and the holders of Covered LLC Units required to terminate this Agreement. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered LLC Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered LLC Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.6, 2.7, 2.8 and 2.10 and this Article III. (c) Any Permitted Transferee of a Covered Person shall be entitled to become part to this agreement as a Covered Person; provided, that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of the Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Truett-Hurst, Inc.), Registration Rights Agreement (Truett-Hurst, 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 Units or Registrable Securities and (ii) such time as the Agreement is terminated by holders the affirmative vote of two thirds Covered Persons that beneficially own not less than 66 2/3% of the outstanding Covered LLC Units. This Agreement may be amended only with the consent voting power of the Company and the holders of Covered LLC Units required to terminate this AgreementRegistrable Securities. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered LLC Units or Registrable Securities Security until such time as such Covered Person ceases to hold any Covered LLC Units or Registrable SecuritiesSecurity. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.6, 2.7, 2.8 2.8, 2.9 and 2.10 2.11 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. (c) Any Permitted Transferee of a Covered Person shall be entitled added to become part to this agreement Appendix A as a Covered Person; provided, that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of the Agreement.

Appears in 2 contracts

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

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 Seller holds any Covered LLC Units or Registrable Securities Securities. Notwithstanding the preceding sentence, Section 2.7 to Section 2.15 and (ii) such time as the Agreement is terminated by holders ARTICLE III shall survive any termination of two thirds of the outstanding Covered LLC Units. This Agreement may be amended only with the consent of the Company and the holders of Covered LLC Units required to terminate this Agreement. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person each Seller shall be bound by the provisions of this Agreement with respect to any Covered LLC Units or Registrable Securities until such time as such Covered Person Seller ceases to hold any Covered LLC Units or Registrable Securities. Thereafter, such Covered Person Seller shall no longer be bound by the provisions of this Agreement other than Sections 2.6, 2.7, 2.8 Section 2.7 to Section 2.15 and 2.10 and this Article ARTICLE III. (c) Any Permitted Transferee of a Covered Person Seller shall be entitled to become part to this agreement as a Covered PersonSeller; provided, that, that such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of the Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (FXCM Inc.)

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 Aveon Holdings Partnership Units or Registrable Securities and (ii) such time as the Agreement is terminated by holders of two thirds of the outstanding Covered LLC Units. This Agreement may be amended only with the consent of the Company and the holders of Covered LLC Units required to terminate this AgreementDemand Committee. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered LLC Aveon Holdings Partnership Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered LLC Aveon Holdings Partnership Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.6, 2.7, 2.8 2.8, 2.9 and 2.10 2.11 and this Article III, and such Covered Person’s name shall be removed from Appendix A to this Agreement. (c) Any Permitted Transferee of a Covered Person shall be entitled added to become part to this agreement Appendix A as a Covered Person; provided, that, such Permitted Transferee shall first sign an agreement in the form approved by the Company Partnership acknowledging that such Permitted Transferee is bound by the terms and provisions of the Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (Aveon Group L.P.)

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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 holders of two thirds of the outstanding Covered LLC UnitsCompany and the Demand Committee. This Agreement may be amended only with the consent of the Company and the holders of Covered LLC Units required to terminate this AgreementDemand Committee. (b) Unless this Agreement is theretofore terminated pursuant to Section 3.1(a) hereof, a Covered Person shall be bound by the provisions of this Agreement with respect to any Covered LLC Holdings Units or Registrable Securities until such time as such Covered Person ceases to hold any Covered LLC Holdings Units or Registrable Securities. Thereafter, such Covered Person shall no longer be bound by the provisions of this Agreement other than Sections 2.6, 2.7, 2.8 2.8, 2.9 and 2.10 2.11 and this Article III. (c) Any Permitted Transferee of a Covered Person shall be entitled to become part to this agreement as a Covered Person; provided, that, such Permitted Transferee shall first sign an agreement in the form approved by the Company acknowledging that such Permitted Transferee is bound by the terms and provisions of the Agreement.

Appears in 1 contract

Samples: Registration Rights Agreement (FXCM Inc.)

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