Examples of Lock-Up Agreement in a sentence
If any party to a Lock-Up Agreement breaches any provision of a Lock-Up Agreement, the Company shall promptly use its best efforts to seek specific performance of the terms of such Lock-Up Agreement.
The Company shall not amend, modify, waive or terminate any provision of any of the Lock-Up Agreements except to extend the term of the lock-up period and shall enforce the provisions of each Lock-Up Agreement in accordance with its terms.
The Company has caused each of the Lock-Up Parties to deliver to the Representative an executed Lock-Up Agreement, in the form attached hereto as Exhibit B (the “Lock-Up Agreement”), prior to the execution of this Agreement.
Backstop commitments for the New Money will be subject to the execution of or accession to the Lock-Up Agreement.
Schedule 3 hereto contains a complete and accurate list of the Company’s officers and directors that will be subject to a Lock-Up Agreement (collectively, the “Lock-Up Parties”).