Examples of Xxxxx Family Parties in a sentence
The Company will not hereafter enter into any agreement with respect to its securities which is inconsistent with the rights granted to the Xxxxx Family Parties in this Agreement.
This Agreement shall be binding upon and inure to the benefit of the Company, the Xxxxx Family Parties and the respective successors and permitted assigns of the Company and the Xxxxx Family Parties.
Each of the Xxxxx Family Parties hereby acknowledges and consents to the grant by the Company to the Children Trust Holders (as defined in the Xxxxx Children Trusts Registration Rights Agreement and hereinafter referred to in this Agreement as the “Other Holders”), in the Xxxxx Children Trusts Registration Rights Agreement, of the right of the Other Holders to include certain of their respective shares of Class A Common Stock in certain registration statements filed pursuant hereto.
This Standstill Agreement shall be binding upon and inure to the benefit of the Company, the Xxxxx Family Parties and the respective successors and permitted assigns of the Company and the Xxxxx Family Parties.
The Company shall assign its rights and obligations hereunder (and no consent thereto shall be required under this Section 3(c)) to any entity that succeeds to all or substantially all of its assets, by merger or otherwise, including to any holding company that may be formed to be the parent of the Company, if such entity becomes the issuer of the securities then owned by the Xxxxx Family Parties.
During the 12-month period beginning on the date the Distribution is consummated (the “Distribution Date”), the Xxxxx Family Parties shall obtain the prior approval of a majority of the Company’s Independent Directors prior to acquiring Common Stock of the Company through a tender offer that results in members of the Xxxxx Family Group beneficially owning more than 50% of the total number of outstanding shares of Common Stock of the Company.
In addition, if prior to the first anniversary of the Distribution Date, any person becomes a member of the Xxxxx Family Group, the Xxxxx Family Parties shall cause such person to execute a Joinder.
Oldman Xxxxxx et al LLP Address: 00000 Xxxxxxx Xxxx, XX#X Xxxxxx, Xxxxxxxxxx 00000-0000 Fax No.: (000) 000-0000 If to the Xxxxx Family Parties or their Related Entities, to: Name: Xxxxxx X.
Further, it is understood by the Xxxxx Family Parties that there is a risk that loss or damage to the Xxxxx Family Parties presently known may be or become, for whatever reason, greater than the Xxxxx Family Parties now expect or anticipate ("Unknown Xxxxx Family Magnitude Risk").
It is understood by the Xxxxx Family Parties that there is a risk that after the execution of this Release, any of the Xxxxx Family Parties may incur or suffer losses, damages or injuries that are in some way caused by or related to the Disputed Xxxxx Family Claims, but that are unknown or unanticipated, for whatever reason, at the time of the execution of this Release ("Unknown Xxxxx Family Injury Risk").