Examples of Lockup in a sentence
This Lock-up Agreement will be deemed to have been made and delivered in the State of New York, and both the binding provisions of this Agreement and the transactions contemplated hereby will be governed as to validity, interpretation, construction, effect and in all other respects by the internal laws of the State of New York, without regard to the conflict of laws principles thereof.
Notwithstanding anything to the contrary herein, in no event shall any Holder request an Underwritten Shelf Takedown during their respective Lock-up Period.
The Lock-up Agreements remain in full force and effect and the parties thereto (other than the Purchaser Group) shall not be in default of any covenant contained therein.
Upon expiry of the Lock-up Period, if requested by the Strategic Investor or by Newco, shall be commenced a procedure for the sale of all the shares of CF or of all the shares of Pirelli held by CF for a cash (only) consideration (the “Trade Sale Procedure”).
The same principles shall apply, mutatis mutandis, also to any transfer of the shares held by the Italian Investors in Newco during the Lock-up Period in favor of any person other than the Italian Investors or their affiliates, meaning as such any company or person which, directly or indirectly, is controlled, controls or is controlled by the same person controlling such first person.