Examples of Existing Party in a sentence
With respect to each Material Contract, neither any Existing Party that is party thereto nor, to the Principals’ Knowledge, any other party is in material breach or material violation of, or material default under, any such Material Contract, and, to the Principals’ Knowledge, no event has occurred and is pending which after the giving of notice, with lapse of time or otherwise would constitute a material breach or material default by any Existing Party or any other party to such Material Contract.
Existing Party 6 undertakes to comply with all restrictions and obligations of the Seller provided for in the Shareholders’ Agreement with respect to such Unrestricted dievini Shares as if the transfer had not taken place and the Seller still held such Shares.
The Seller and Existing Party 4 hereby expressly confirm that Existing Party 4 is a dievini shareholder within the meaning of the Shareholders’ Agreement, namely a corporation solely controlled by Mr. Xxxxxxx Xxxx pursuant to Section 5.3.4 in connection with Section 5.3.3 of the Shareholders’ Agreement.
To the extent that obligations can only be fully performed jointly with the Seller, Existing Party 6 shall be jointly and severally liable with the Seller for the performance and success in deviation from clause 13.5 of the Shareholders’ Agreement.
Thereafter, all future payments shall be made on or before the first working day of the month due for the term of this contract plus any extensions thereto.
To the extent consent of the Third Party that is a party to an Existing Party Agreement is required under such Existing Third Party Agreement for the effectiveness of such assignment, Licensor shall use commercially reasonable efforts to cause such Third Party to provide its consent.
No Existing Party to This Case Will Represent Proposed Defendant- 18 Intervenors’ Interests Adequately.
The Existing Party 4 shall sell such Shares to other dievini Shareholders only on condition that the acquiring dievini Shareholder(s), prior to and with effect from the acquisition, has/have submitted to the Shareholders’ Agreement in an agreement corresponding to this Agreement, in each case with regard to the special obligations concerning the Shares sold to him/her.
Declarations and other notifications are to be sent for the Existing Party 6 by the Parties to dievini Verwaltungs GmbH under the contact data specified in the Shareholders’ Agreement, which shall act as receiving agent until revoked.
Each Existing Party agrees with the Acceding Party to observe and be bound by the terms of the Principal Agreement from the Effective Date.