Examples of Initial Period in a sentence
The Shareholders Agreement shall terminate on the earlier of (i) expiration of the Initial Period, and (ii) the occurrence of a Termination Event (as defined below).
After the Initial Period, the Offer Price shall be calculated and announced by the Management Company on Subscription Days only and in accordance with the Regulations.
At Closing, Abra Group and the Azul Shareholders will enter into a Shareholders Agreement, with a term equal to the term of the Initial Period, that will include the terms and conditions set forth below.
Transfer Restrictions • A restriction providing that, during the Initial Period, neither party to the Shareholders Agreement shall enter into any voting agreements or other agreements (other than the Shareholders Agreement) with respect to the shares of the Combined Company that would negatively affect such party’s ability to comply with its obligations under the Shareholders Agreement.
Following the Initial Period, the Environmental, Social and Corporate Governance Committee (as defined below) will propose to the shareholders of the Combined Company the slate of individuals to be nominated for election at the Combined Company’s annual shareholders meeting for a two (2) year term, with due regard to the requirements imposed by applicable law and applicable stock exchange regulations.