Termination of Previous Shareholders Sample Clauses

Termination of Previous Shareholders. Agreement 2.1 It is acknowledged that on Completion the Previous Shareholders' Agreement automatically ceased to be of effect with regard to the Existing Shareholders and all rights and obligations thereunder terminated (other than with respect to clauses 4.6 to 4.13 of the Previous Shareholders' Agreement and which are set out in Schedule 6, which shall survive such termination and remain enforceable) and that, with effect from Completion, each of the Existing Shareholders and the Company irrevocably and unconditionally waived any claims they may have pursuant to the Previous Shareholders' Agreement. For the avoidance of doubt, nothing in this clause 2 terminates the liabilities of Colemont UK Holdings Limited and Paraline Group, Ltd under the Previous Shareholders’ Agreement for any prior breach and for any provisions that are stated to survive termination, it being acknowledged that such matters are dealt with under the terms of the deed of termination of the Previous Shareholder's Agreement. 3. The Business of the Company 3.1 Scope of the Business and future growth 3.1.1 The Company at its sole expense shall use all reasonable and proper means to maintain, improve, grow and extend the scope of the Business in accordance with the Business Plan. 3.1.2 Subject to the provisions of clause 5, and notwithstanding any provision (other than clause 5) in this Deed, the Company shall be free at any time to pursue other insurance ventures, including by way of example, establishing Xxxxx'x managing agents and/or Xxxxx'x syndicates and/or Xxxxx'x special purpose arrangements, insurance linked security arrangements and/or insurance service providers as approved by the Board. 3.2
Sample 1
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Related to Termination of Previous Shareholders

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Definitions For purposes of this Agreement:

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

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