Examples of Existing Shareholder Agreement in a sentence
For the avoidance of doubt, from the date of this Agreement until consummation of the Closing, the Parties shall remain bound by and subject to the terms of the Existing Shareholder Agreement, which shall remain in full force and effect until such time.
Within 120 days after the date hereof, the Company shall file with the Commission a Shelf Registration relating to the offer and sale of (i) all of the Registrable Securities and (ii) all shares of Company Common Stock that the Company is requested to register under the Existing Shareholder Agreement.
If the Purchase Agreement is terminated, then this Agreement shall terminate, become null and void and have no force or effect whatsoever, and the Existing Shareholder Agreement shall continue to exclusively govern the relationship of the Parties with respect to the subject matter thereof.
If the Purchase Agreement shall terminate for any reason prior to the Closing: (a) this Agreement shall automatically, without any required action of the Parties, terminate and be of no further force and effect as of the date of such termination; and (b) the Existing Shareholder Agreement shall not terminate and shall remain in full force and effect.
The Parties acknowledge and agree that each of Taiyo and Chemfab has consented to this Agreement and/or waived any preconditions to or prohibitions against this Agreement, to the extent required by the Organizational Agreement or the Existing Shareholder Agreement.
No Coinsquare Corporation is subject to, or affected by, any unanimous shareholders agreement, other than the Existing Shareholder Agreement.
The undersigned Shareholders each hereby waive all rights under and with respect to the Existing Shareholder Agreement and agree that as of the Closing Date, the Existing Shareholder Agreement shall be terminated and be of no further force and effect.
This Agreement (unless terminated as set forth in Section 5.01(a)), the Existing Shareholder Agreement (until the Closing), the Registration Rights Agreement dated September 14, 2006 (as amended from time to time) among the Company and the Shareholders party thereto, and the Purchase Agreement embody the entire agreement and understanding among the parties relating to the subject matter hereof and supersede all prior agreements and understandings relating to such subject matter.
The Company shall use its commercially reasonable efforts to obtain, within five (5) calendar days from the date hereof, a written consent, validly executed by all of the Shareholders in accordance with Michigan Law and the Company’s articles of incorporation and bylaws, which adopts this Agreement, approves the transactions contemplated hereby, including the approval of the Merger and waives all rights and obligations under the Existing Shareholder Agreement.
For the avoidance of doubt, in the event of any termination of the Purchase Agreement, all provisions of the Existing Shareholder Agreement shall remain in full force and effect and shall not thereafter be effected by this Agreement.