Examples of Seller Designees in a sentence
The foregoing shall not be construed as a limitation on any actions taken or not taken by the Seller Designees as Directors.
The Apollo Sellers and the Oaktree Sellers shall cause their respective Seller Designees, as set forth on Schedule 2.1(c), (i) to agree to stand for election at the Stockholders Meeting, and (ii) on or prior to the Closing Date, to deliver to the Company, with a copy to the Buyer, his or her resignation as a director of the Company, subject to and effective upon the Closing.
The 2013 Annual Meeting of Company Stockholders shall have been held and the Seller Designees shall have been elected to the Board of Directors at such meeting.
The Equity (as defined below) shall be issued to those Seller Designees and in the denominations listed on Exhibit B attached hereto.
Xxxxxx or (y) another individual designated by Xxxxxx and consented to by BCP (such consent not to be unreasonably conditioned, withheld or delayed) as one (1) of the Seller Designees.
Open entrances conditions would likely produce the converse of this.
The Seller Designees, Founder Designees and the Independent Designee shall have, subject to the Closing occurring, been appointed to the Board of Directors of ListCo.
As of the Execution Date, Parent is eligible to register the resale of the Parent Common Stock comprising the Stock Consideration by Sellers and/or Seller Designees under Form S-3 promulgated under the Securities Act.
Buyer’s Board shall have approved the issuance of the Equity to the Seller Designees listed on Exhibit B.
At all times Seller Designees and Replacement Designees (i) while serving as a member of the Board, shall be entitled to coverage under any “directors’ and officers’” liability insurance maintained by the Company (or any Person on behalf of the Company) and (ii) shall be entitled to all other rights to indemnification, advancement of expenses and exculpation, in each case, as are then made available to any other present or former member of the Board (in such capacity).