Examples of Xxxxxxx Group Representative in a sentence
In the event of the death, incapacity or removal of the Person serving as the Xxxxxxx Group Representative, the Xxxxxxx Group shall promptly designate a successor.
Not later than the tenth day after the Xxxxxxx Group Representative receives written notice from JCM or such Company of the intended mailing (at any time after the date of this Agreement) of notice to stockholders of any Company of a meeting for the purpose of electing directors, the Xxxxxxx Group Representative shall notify each of JCM, TCI and such Company in writing of the name of the individual designated by the Xxxxxxx Group as their nominee as Designated Director.
Except as otherwise specifically permitted or required pursuant to this Agreement, neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any party without the prior written consent of TCI, JCM and the Xxxxxxx Group Representative.
Pending such designation, each party to this Agreement shall be entitled to treat as the Xxxxxxx Group Representative the member of the Xxxxxxx Group who holds of record the greatest number of TCI High Vote Shares.
In addition, unless JCM and the Xxxxxxx Group Representative otherwise agree in writing, if any such party subsequently acquires Beneficial Ownership of any High Vote Shares of any Company, such party shall be required to simultaneously once again become a party to this Agreement and a member of his original Group.
Without limiting the generality of Section 6.2, the members of the Xxxxxx Group and each Covered Issuer shall be entitled to rely exclusively and conclusively on information provided by the Xxxxxxx Group Representative as to any such allocation or other matters in connection with the exercise of the rights of the Xxxxxxx Group under this Article III and shall not, in any event, have any liability to any member of the Xxxxxxx Group as a result of such reliance.
If different forms of noncash consideration are to be given to the Persons listed in (A) above than to the Persons listed in (B) above, and there is any disagreement between the Independent Committee and any such Person or the Xxxxxxx Group Representative as to the value of any such consideration for the purposes of determining if there is a Prohibited Premium, then the noncash consideration shall be valued by using the appraisal procedures set forth in Section 2.3(c).
Subject to Section 7.13 hereof, the provisions of this Agreement, including the provisions of this sentence, may not be amended, modified or supplemented, and waivers of or consents to departures from the provisions hereof may not be given unless approved in writing by the Company and the Xxxxxxx Group Representative.
Pending such designation, each party to this Agreement shall be entitled to treat as the Xxxxxxx Group Representative the member of the Xxxxxxx Group who holds of record the greatest number of shares of High Vote Stock.
At least five (5) Business Days prior to the Closing Date, the Company shall notify (the "Public Sale Notice") the Xxxxxxx Group Representative, on behalf of the Holder or each Transferor, as the case may be, as to the portion of the Closing Date Amount or Company Price, as applicable, to be paid in shares of Low Vote Stock (the "Public Sale Dollar Amount").