Examples of Principal Selling Stockholder in a sentence
This indemnity agreement will be in addition to any liability which such Principal Selling Stockholder may otherwise have.
The number of Option Shares contributed by each Principal Selling Stockholder shall be determined by multiplying the aggregate number of Option Shares to be purchased by a fraction, the numerator of which is the number of Option Shares as set forth opposite the name of such Principal Selling Stockholder in Schedule 2 hereto and the denominator of which is the total number of Option Shares available as set forth in Schedule 2 hereto.
This indemnity agreement will be in addition to any liability which the Company or the Principal Selling Stockholder may otherwise have.
Aldermen present: Walt Eccard, Michael Pease and Jimmy Bellamy Aldermen absent: Larry Harrelson Staff present: Sandy Strickland, Albert Hughes, Attorney Laura Thompson, Allen Serkin, Rodney Gause and Paul Dunwell Staff absent: Mimi Gaither CALL TO ORDER Mayor Pro-tempore Lewis called the meeting to order.
Furthermore, the Principal Selling Stockholder hereby agrees and consents to the entry of stop transfer instructions with the Company's transfer agent against the transfer of the Securities held by the Principal Selling Stockholder except in compliance with this SECTION 5(k).
If such remaining Underwriters do not, at the Closing Date, take up and pay for the Firm Shares which the defaulting Underwriter or Underwriters so agreed but failed to purchase, the Closing Date shall be postponed for twenty-four (24) hours to allow the several Underwriters the privilege of substituting within twenty- four (24) hours (including non-business hours) another underwriter or underwriters (which may include any nondefaulting Underwriter) satisfactory to the Principal Selling Stockholder.
Notwithstanding the provisions of this Section 10(b), the aggregate liability of the Principal Selling Stockholder under this Section 10(b) shall not exceed the proceeds received by the Principal Selling Stockholder from the sale of shares of Stock under this Agreement.
The terms of the Lock-up Agreement to be executed by the Principal Selling Stockholder shall apply to the Common Shares held by Hospitality Entertainment, L.L.C.
If the Indemnitor is more than one Stockholder, the Principal Selling Stockholder shall participate in such conferences, meetings and proceedings with the Company, the IRS or the applicable taxing authority on behalf of all Stockholders, but shall not be permitted to settle any litigation or agree to any Adjustment or indemnification payment without the prior written consent of the Trust.
Section 4.1 If the Parties are, after negotiation in good faith, unable to ----------- agree upon the appropriate application of this Agreement, the controversy shall be settled by the accounting firm (the "Accounting Firm") remaining on the list of firms set forth on Schedule A hereto after the Company and the Principal Selling Stockholder, commencing with the Principal Selling Stockholder, shall have objected seriatim to the other firms on the list.