Examples of SPE Shareholders in a sentence
No Shareholder shall have any obligation or commitment to make any Capital Contributions or otherwise provide funds to the Company, except in case of the SPE Shareholders as set out in section 2.2 of the Share Purchase Agreement.
The Board may, from time to time, constitute committees of the Board (consisting exclusively of Directors) and may determine their functions, powers, authorities and responsibilities as the SPE Shareholders and Non-SPE Shareholders may agree.
Except as otherwise expressly provided herein, the SPE Shareholders, the Non-SPE Shareholders and the Company shall each pay all of their own expenses (including attorneys’ and accountants’ fees, costs and expenses) in connection with the negotiation of this Agreement, the performance of their obligations hereunder and the consummation of the transactions contemplated by this Agreement.
The Exercise Option Notice shall state the election of the SPE Shareholders to exercise the Exercise Option to purchase all the Underlying Shares without any conditions (other than those contemplated by this Agreement, which need not be stated in any such Exercise Option Notice).
It is agreed and understood that by the end of the Exercise Option Period, the SPE Shareholders shall have exercised the Exercise Option.
The Option Notice shall state the election of the SPE Shareholders to exercise the Call Option to purchase all (but not less than all) the Non-SPE Shares (the “Call Shares”) without any conditions (other than those contemplated by this Agreement, which need not be stated in any such Option Notice).
Unless otherwise agreed by the Parties, the closing of the purchase of the Offered Shares by the SPE Shareholders or the other Non-SPE Shareholders, as applicable, under this Section 3 shall take place at 1:00 p.m. local time at the registered office of ____________ (or such other location as may be agreed by the Parties) on the 10th Business Day after the last of any necessary Approvals has been received.
Without limiting the foregoing, the Company and the Non-SPE Shareholders agree that the SPE Shareholders may reasonably cause the Company and its subsidiaries to adopt policies and procedures that reflect the requirements of and/or best practices under applicable Anti-Bribery Laws.
Any time during the Exercise Option Period, the SPE Shareholders may exercise the Exercise Option by delivering a written notice (an “Exercise Option Notice”) to the Optionholders and the Company by no later than the last day of the Exercise Option Period.
If the SPE Shareholders elect to exercise the Call Option, they shall do so by delivering a written notice (an “Option Notice”) to the Non-SPE Shareholders by no later than the last day of the Call Option Period.