Examples of Parent Sponsor in a sentence
This letter agreement may not be amended, modified, or supplemented except with the prior written consent of Parent, Sponsor and, with respect to any provisions of this letter agreement with respect to which the Company is expressly made a third-party beneficiary, the Company (at the direction of the Special Committee).
In the event Parent, Sponsor and the Rollover Stockholders have not entered into the Shareholders Agreement as of the Effective Time, each of them hereby agrees to use its, his or her best efforts to implement the terms set forth in the Term Sheet and carry out the intention of the parties contained in the Term Sheet to the closest extent as possible.
At the Closing, Parent shall enter into the Registration Rights Agreement with Parent Sponsor, Sponsor Parties and certain of the Company Stockholders.
Promptly following the date of this Agreement, Parent, Sponsor and the Rollover Stockholders shall in good faith and with mutual cooperation use their reasonable best efforts to negotiate and enter into a shareholders agreement which shall reflect the terms set forth in the term sheet (the “Term Sheet”) attached as Exhibit B hereto (the “Shareholders Agreement”), effective as of the Effective Time and providing for certain rights, duties and obligations of each Person proposed to be a party thereto.
In the event that all conditions contained in the Equity Commitment Letter have been satisfied, Parent and Merger Sub shall use commercially reasonable efforts to cause Parent Sponsor to comply with its obligations thereunder, including to fund the Equity Financing.