Examples of Specified Shareholder in a sentence
Subject to the preceding sentence, this Agreement shall be binding upon each Specified Shareholder and each Specified Shareholder’s successors and assigns and, as applicable, each Specified Shareholder’s heirs, estate, executors and personal representatives, and shall inure to the benefit of the Company and its successors and assigns.
No waivers of any breach of this Agreement extended by AFB to Shareholder shall be construed as a waiver of any rights or remedies of AFB with respect to any other Specified Shareholder or with respect to any subsequent breach of Shareholder or any other shareholder of First Security.
If such Specified Shareholder is a corporation, then such Specified Shareholder is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction in which it was incorporated.
Subject to Section 2.3, following the expiration of the Initial Lock-Up Period, each Specified Shareholder may Transfer any and all its Shares that are not subject to the Transfer restrictions set forth in Section 2.1(a)(ii) and, following the expiration of the Subsequent Lock-Up Period, each Specified Shareholder may Transfer any and all of its Shares, in each case in any manner permitted under applicable securities Laws.
Except as provided herein, neither this Agreement nor any of the interests or obligations hereunder may be assigned or delegated by any Specified Shareholder without the prior written consent of the Company, and any attempted or purported assignment or delegation of any of such interests or obligations shall be void.