Examples of Successor Shareholder in a sentence
In the event any Repurchase Limitation is applicable and the Company does not repurchase Shares pursuant to the exercise of Put Options by Shareholder or Shareholder’s Successor, Shareholder or Shareholder’s Successor shall have the right to exercise the Put Options with respect to such Shares that could not be respurchased due to a Purchase Limitation in the first fiscal quarter in which the repurchase can be made without violation of the Repurchase Limitations.
The Successor Shareholder shall be selected in the manner set forth in sub-paragraph (d) herein.
Notwithstanding anything to the contrary herein, upon the occurrence of a Transfer Event, the Shares will be immediately transferred, or deemed to be transferred, to the Successor Shareholder upon the effective date of such Transfer Event.
EmCare shall designate a Successor Shareholder immediately upon the occurrence of any Transfer Event.
The Shares shall be deemed to have been transferred to Successor Shareholder, without further action by Shareholder, immediately upon the occurrence of any Transfer Event; provided, however, that until the designation of Successor Shareholder has been made effective pursuant to Section 11 below, Shareholder shall continue to hold the Shares in trust for the benefit of Successor Shareholder, subject to the limitations imposed by Section 10.3 below.
Notwithstanding anything to the contrary herein, upon the occurrence of a Transfer Event, the Shares will be immediately transferred, or deemed to be transferred, to Successor Shareholder upon the date such Transfer Event is effective.
Within thirty (30) days from the sale of shares to a Successor Shareholder pursuant to this paragraph 6, a special meeting of the shareholder shall be called in accordance with Article IV, Section 2 of the Bylaws of the Medical Group to elect directors.
Such Successor Shareholder shall become a party to this Agreement and agree to be bound by the terms hereof.
In such event, the Medical Group shall sell newly issued shares to a Successor Shareholder in the manner set forth in paragraph 3.1 herein.
Any Successor Shareholder shall become a party to this Agreement and agree to be bound by the term hereof.