Covenant; Enforceability. The New Shareholder hereby ratifies and accedes to the terms of, agrees to be bound by, and assumes all rights and obligations under the terms and conditions of, the Shareholders’ Agreement, as if the New Shareholder had been an original party to the Shareholders’ Agreement in the same capacity as the Transferor; provided, however, that the New Shareholder shall not have the benefit of any rights of the Transferor under the Shareholders’ Agreement which are expressed to be non-transferable by the terms thereof. The existing Shareholders shall be entitled to enforce the Shareholders’ Agreement against the New Shareholder.
Appears in 4 contracts
Samples: Shareholders’ Agreement (Sungy Mobile LTD), Shareholders’ Agreement (Lentuo International Inc.), Shareholders’ Agreement (Tudou Holdings LTD)
Covenant; Enforceability. The New Shareholder hereby ratifies and accedes to the terms of, agrees to be bound by, and assumes all rights and obligations under the terms and conditions of, the Shareholders’ Agreement, as if the New Shareholder had been an original party to the Shareholders’ Agreement in the same capacity as the Transferor; provided, however, that the New Shareholder shall not have the benefit of any rights of the Transferor under the Shareholders’ Agreement which are expressed to be non-transferable by the terms thereof. The existing Shareholders shareholders shall be entitled to enforce the Shareholders’ Agreement against the New Shareholder.
Appears in 2 contracts
Samples: Shareholders’ Agreement (Gridsum Holding Inc.), Shareholders’ Agreement (Gridsum Holding Inc.)
Covenant; Enforceability. The New Shareholder hereby ratifies and accedes to the terms of, agrees to be bound by, and assumes all rights and obligations under the terms and conditions of, the Shareholders’ Shareholders Agreement, as if the New Shareholder had been an original party to the Shareholders’ Shareholders Agreement in the same capacity as the [Transferor; provided, however, that the New Shareholder shall not have the benefit of any rights of the Transferor under the Shareholders’ Agreement which are expressed to be non-transferable by the terms thereof]. The existing Shareholders shall be entitled to enforce the Shareholders’ Shareholders Agreement against the New Shareholder.
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