Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will be released from his obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.
Appears in 3 contracts
Samples: Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.), Stockholders Agreement (Panther Expedited Services, Inc.)
Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company Issuer has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his all obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 3.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.13.1.
Appears in 2 contracts
Samples: Stockholders Agreement (Michaels Stores Inc), Stockholders Agreement (Michaels Stores Inc)
Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company Issuer has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.
Appears in 2 contracts
Samples: Shareholder Agreements (Burlington Coat Factory Investments Holdings, Inc.), Shareholder Agreement (Burlington Coat Factory Investments Holdings, Inc.)
Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the IssuanceIssuance (for any reason other than the failure by any Participating Buyer to pay the applicable purchase price), each Participating Purchaser will Buyer shall be released from his its obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.
Appears in 2 contracts
Samples: Stockholders Agreement (Eschelon Telecom Inc), Stockholders Agreement (Eschelon Telecom Inc)
Time Limitation. If at the end of the 180th one hundred eightieth (180th) calendar day following the date of the effectiveness delivery of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser Buyer will be released from his his, her or its obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for a separate Participation Notice to must be furnished, and the terms and provisions of this Section 6.1 5.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.15.1.
Appears in 2 contracts
Samples: Stockholders Agreement (SolarWinds Corp), Stockholders' Agreement
Time Limitation. If If, at the end of the 180th day following the date of the effectiveness of the Participation Notice Notice, the Company has not completed the Issuance, each Participating Purchaser Buyer will be released from his his, her or its obligations under the written commitment, the Participation Notice will be null and void, and it will be necessary for the Company to furnish a separate Participation Notice to be furnishedNotice, and the terms and provisions of this Section 6.1 2.2 separately complied with, in order to consummate such Issuance pursuant to this Section 6.12.2.
Appears in 2 contracts
Samples: Registration and Participation Rights Agreement (Gymboree Corp), Registration and Participation Rights Agreement (Gym-Card, LLC)
Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will Investor shall be released from his its obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 2.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.12.1.
Appears in 1 contract
Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.1.
Appears in 1 contract
Samples: Stockholders Agreement (Transcultural Health Develpment, Inc.)
Time Limitation. If at the end of the 180th day following the date of the effectiveness of the Participation Notice the Company has not completed the Issuance, each Participating Purchaser will Buyer shall be released from his obligations under the written commitment, the Participation Notice will shall be null and void, and it will shall be necessary for a separate Participation Notice to be furnished, and the terms and provisions of this Section 6.1 10.1 separately complied with, in order to consummate such Issuance pursuant to this Section 6.110.1.
Appears in 1 contract
