Termination of Existing Shareholders Agreement Sample Clauses

Termination of Existing Shareholders Agreement. 18.1 Subject to Clause 18.2, each of the parties to the Existing Shareholders’ Agreement agrees and acknowledges that, with, effect from Completion (except as regards clause 6 of the Existing Shareholders’ Agreement and obligations and claims imposed by or arising under such clause 6, all of which shall remain in full force and effect):-
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Termination of Existing Shareholders Agreement. Stockholder hereby covenants and agrees that, as of the Effective Time and without further action, the Stockholders Agreement will be terminated and deemed null and void and of no further force and effect.
Sample 1Sample 2Sample 3
Termination of Existing Shareholders Agreement. The applicable Sellers shall terminate (i) that certain Memorandum of Understanding dated April 15, 2006 as amended on June 21, 2006, (2) that certain Memorandum of Understanding dated December 30, 2006 and (3) any other shareholders agreement, voting trust or other similar document among them.
Sample 1
Termination of Existing Shareholders Agreement. The Existing Shareholders Agreement shall have been validly terminated in accordance with its terms.
Sample 1Sample 2
Termination of Existing Shareholders Agreement. The applicable Sellers shall terminate (i) the Memorandum of Understanding dated April 15, 2006 among Xxxxxxxx Xxxxxx Xxxxxxxx Xxxx and his family members, Xxxxxxxxx Xxx Xxxxxxxx and Xxxxxxxxxx Xxxxxx, as modified by an unstamped memorandum of understanding dated June 21, 2006 entered into among Xxxxxxxx Xxxxxx Xxxxxxxx Xxxx, Xxxxxxxx Xxxxxxxxxxx, Xxxxxxxxx Xxx Xxxxxxxx, Xxxxxxxxxx Xxxxxx and the Company, (ii) the Memorandum of Understanding dated December 30, 2006 among Xxxxxxxx Xxxxxx Xxxxxxxx Xxxx, Xxxxxxxx Xxxxxxxxxxx, Xxxxxxxxx Xxx Xxxxxxxx and Xxxxxxxxxx Xxxxxx and (iii) any other shareholders agreement, voting trust or other similar document among the Shareholders. 41
Sample 1
Termination of Existing Shareholders Agreement. From the date of this deed the Existing Shareholders' Agreement shall no longer have any force or effect and shall be terminated and the respective rights, duties and obligations of AIHC and WMC thereunder shall from such date cease to exist.
Sample 1
Termination of Existing Shareholders Agreement. Upon the consummation of the transactions contemplated herein, the Amended and Restated Shareholders Agreement among Venturian, VSI and Xxxxxx shall terminate and be of no further force or effect, automatically and immediately without any further action by any party.
Sample 1
AutoNDA by SimpleDocs
Termination of Existing Shareholders Agreement. The shareholders agreement dated November 1, 2006 (the “Existing Shareholders Agreement”) among the Company and the other parties thereto shall have been terminated and evidence of (i) such termination, (ii) a waiver of all preemptive and other rights thereunder and (iii) a consent to the issuance and sale of the Shares by the Company contemplated herein shall have been provided to the Buyers;
Sample 1
Termination of Existing Shareholders Agreement. The Company, Banco Santander, SHUSA, Xxxxxx Holdco and Executive agree that the Existing Shareholders Agreement is hereby terminated and of no further force and effect.
Sample 1

Related to Termination of Existing Shareholders Agreement

  • Termination of Shareholders Agreement The Sellers and the Company acknowledge and agree that, as of the Closing, that certain Shareholders Agreement, dated as of February 13, 2007, by and among certain of the Sellers and the Company, as amended, shall terminate in accordance with its terms, with no liability following such termination for the Company or any of its Subsidiaries or any of the Sellers or the Sellers’ Related Parties.

  • Termination of Stockholders Agreement The Stockholders, the Company and the other parties thereto hereby agree to terminate the Stockholders Agreement, including any and all annexes or exhibits thereto, as of the Effective Time. The provisions of the Stockholders Agreement shall not survive its termination, and shall have no further force from and after the Effective Date, nor shall any party to the Stockholders Agreement have any surviving obligations, rights or duties thereunder.

  • Shareholders Agreement For so long as the ratio of the number of the Equity Securities owned by the Star Group on a fully diluted basis divided by the number of the Equity Securities owned by the Investor Group on a fully diluted basis is at least 0.6, the Guarantor may not take any of the actions set forth in schedule II of the Shareholders’ Agreement without the prior written approval of Star. For the purpose of this clause “on a fully diluted basis” means taking into account any shares issued or issuable under warrants, options and convertible instruments (or other equity equivalents).

  • Termination of Existing Agreement The Existing Agreement is hereby terminated and replaced and superseded by this Agreement, effective August 1, 2001. All payments, of Base Salary or otherwise, made by the Company under the Existing Agreement with respect to any period commencing on or after August 1, 2001 shall be credited against the corresponding payment obligations of the Company under this Agreement.

  • Stockholders Agreement Investor and the other parties to the Stockholders Agreement shall have executed and delivered the Stockholders Agreement to the Company.

  • Termination of Existing Agreements Any previous employment agreement between Executive on the one hand and Employer or any of Employer’s Affiliates (as hereinafter defined) on the other hand is hereby terminated.

  • Shareholders Agreements Any agreement by and between the Shareholder and any Affiliate of the Company;

  • Termination of Existing Tax Sharing Agreements Any and all existing Tax sharing agreements (whether written or not) binding upon the Company shall be terminated as of the Closing Date. After such date neither the Company nor any of its Representatives shall have any further rights or liabilities thereunder.

  • Stockholder Agreement The Stockholder agrees that, during the period from the date of this Agreement until the Expiration Date:

  • Securityholders Agreement The term "Securityholders Agreement" shall mean the Securityholders Agreement dated as of the Closing Date, among Investors, Vestar, the Management Investors, and the other securityholders a party thereto, as it may be amended or supplemented thereafter from time to time.

Time is Money Join Law Insider Premium to draft better contracts faster.