Termination of Existing Stockholders Agreement. By executing and delivering this Agreement, the Company, the Guarantee Warrant Holders, the Series X Investors and the Series Y Investors hereby terminate the Existing Stockholders Agreement which shall be of no further force and effect.
Termination of Existing Stockholders Agreement. The Company and the parties to that certain stockholders agreement dated January 25, 2006 (the “Existing Stockholders Agreement”) shall have taken all necessary actions to terminate the Existing Stockholders Agreement.
Termination of Existing Stockholders Agreement. 16.01. Effective as of the Plan Effective Date, the Existing Stockholders Agreement shall be deemed to be terminated, canceled, released, and extinguished in accordance with Section 5.9 thereof; provided that the foregoing shall not apply to any indemnification obligations assumed pursuant to the Transaction Term Sheet or Definitive Documents.
Termination of Existing Stockholders Agreement. It is the intention of the Stockholders that the terms and conditions of this Agreement amend, restate and supersede in all respects the terms and conditions set forth in the Existing Stockholders' Agreement.
Termination of Existing Stockholders Agreement. By execution hereof, the parties hereto hereby agree that the Stockholders Agreement, dated as of March 25, 2003, among Giant, the Family Stockholders, the CDR Fund and Exor, shall terminate and be of no further force and effect as of the Effective Time.
Termination of Existing Stockholders Agreement. The Existing Stockholders' Agreement shall have been terminated pursuant to documentation in form and substance reasonably satisfactory to the Selling Stockholders.
Termination of Existing Stockholders Agreement. The parties hereto agree that, effective as of the Closing, the Stockholders’ Agreement dated as of June 6, 2017 among Bowlmor and the parties hereto shall terminate and be of no force and effect; provided that no termination thereof will release any party thereto from any obligation or liability that arose on or prior to the effective date of such termination.
