Common use of Termination of Shareholders Agreement Clause in Contracts

Termination of Shareholders Agreement. Each of the Parties agrees that upon the Closing, the Shareholders’ Agreement shall be, without any further action required by any Party, terminated immediately, in its entirety and shall be of no further force or effect, including without limitation, each of the provisions of Section 8.3 thereof.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Asia Pacific Wire & Cable Corp LTD), Stock Purchase Agreement (Asia Pacific Wire & Cable Corp LTD), Stock Purchase Agreement (Pacific Electric Wire & Cable Co LTD)

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Termination of Shareholders Agreement. Each of The parties hereto agree that, on the Parties agrees that upon the ClosingEffective Time, the Shareholders’ Agreement shall beterminate and be of no further force and effect, without any further action required by on the fpart of any Party, terminated immediately, in its entirety and shall be of no further force or effect, including without limitation, each of the provisions of Section 8.3 thereofparties hereto.

Appears in 1 contract

Samples: Registration Rights Agreement (FreightCar America, Inc.)

Termination of Shareholders Agreement. Each of the The Parties agrees that upon the Closingagree that, effective immediately, (i) the Shareholders’ Agreement shall be, without any further action required by any Party, is hereby terminated immediately, in its entirety pursuant to Section 10.1 of the Shareholders’ Agreement and shall that such Shareholders’ Agreement will no longer be of no any further force or effect, including without limitation, each effect as of the provisions of Section 8.3 thereofEffective Date.

Appears in 1 contract

Samples: Termination Agreement and Release (Baby Fox International, Inc.)

Termination of Shareholders Agreement. Each The parties agree that upon consummation of the Parties agrees that upon the Closing, the Shareholders’ Agreement shall bePublic Transaction, without any further action required by any Partythe parties, terminated immediately, in its entirety the Shareholders Agreement will automatically terminate and shall be of no further force or and effect, including without limitation, each of the provisions of Section 8.3 thereof.

Appears in 1 contract

Samples: TRUEYOU.COM

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Termination of Shareholders Agreement. Each of the Parties agrees that upon Upon the Closing, the Shareholders’ Shareholders Agreement shall be, terminate automatically as to all parties thereto without requiring any further action required by from any Party, terminated immediately, in its entirety and shall be of no further force or effect, including without limitation, each of the provisions of Section 8.3 thereofPerson.

Appears in 1 contract

Samples: Share Purchase Agreement (Chinadotcom Corp)

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