Examples of Specified Shareholder in a sentence
For the avoidance of doubt, if a First Period Relevant Sale will result in the Specified Shareholder concerned holding none of the Shares as specified in the announcement of the Company dated 26 August 2010 on completion of a sale, then the Company shall, among other things, pay the whole of the Second and Third Instalments to Xxxxxxx.
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.
Such Specified Shareholder has the absolute and unrestricted right, power, authority and capacity to execute and deliver this Agreement and to perform such Specified Shareholder’s obligations hereunder.
If such Specified Shareholder is a limited liability company, then such Specified Shareholder is a limited liability company duly organized, validly existing and in good standing under the laws of the jurisdiction in which it was organized.
This Agreement shall terminate on the Voting Expiration Date; provided, however, that: (a) this Section 6 shall survive the termination of this Agreement and shall remain in full force and effect; and (b) the termination of this Agreement shall not relieve any Specified Shareholder from any liability arising from any breach of any provision of this Agreement prior to such termination.