Common use of EFFECT OF CEASING TO HOLD SHARES Clause in Contracts

EFFECT OF CEASING TO HOLD SHARES. A party shall cease to be a party to this agreement for the purpose of receiving benefits and enforcing his rights with effect from the date he ceases to hold or beneficially own any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).

Appears in 2 contracts

Samples: www.bvca.co.uk, www.bvca.co.uk

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EFFECT OF CEASING TO HOLD SHARES. A party shall cease to be a party to this agreement Agreement for the purpose of receiving benefits and enforcing his their rights with effect from the date he ceases they cease to hold or beneficially own any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).

Appears in 2 contracts

Samples: Shareholders’ Agreement (General Atlantic, L.P.), Shareholders’ Agreement (Baker Bros. Advisors Lp)

EFFECT OF CEASING TO HOLD SHARES. A party shall cease to be a party to this agreement Agreement for the purpose of receiving benefits and enforcing his rights with effect from the date that he ceases to hold (or beneficially own own) any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).

Appears in 1 contract

Samples: Delimobil Holding S.A.

EFFECT OF CEASING TO HOLD SHARES. 13.1 A party shall cease to be a party to this agreement Agreement for the purpose of receiving benefits and enforcing his rights with effect from the date that he ceases to hold (or beneficially own own) any Shares shares in the capital of the Company (but without prejudice to any benefits and rights accrued enjoyed prior to such cessation).

Appears in 1 contract

Samples: Investment Agreement (Flex Fuels Energy, Inc.)

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EFFECT OF CEASING TO HOLD SHARES. 9.1 A party shall cease to be a party to this agreement for the purpose of receiving benefits and enforcing his its rights with effect from the date he that it ceases to hold (or beneficially own own) any Shares shares in the capital of the Company (but without prejudice to any benefits and rights accrued enjoyed prior to such cessation).

Appears in 1 contract

Samples: Subscription and Shareholders Agreement (Four Rivers Bioenergy Inc.)

EFFECT OF CEASING TO HOLD SHARES. A party shall cease to be a party to this agreement for the purpose of receiving benefits and enforcing his his, her or its rights with effect from the date he he, she or it ceases to hold or beneficially own any Shares (but without prejudice to any benefits and rights accrued prior to such cessation).

Appears in 1 contract

Samples: Shareholders' Agreement

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