No Outstanding Obligations. Each of the Existing Shareholders further acknowledge and covenant in favour of the Company and the Investors that they have no actual or contingent entitlement to the issue of further Securities (whether pursuant to any option, ratchet or similar agreement with the Company) and that the Company does not owe them any money.
Appears in 3 contracts
Samples: Shareholders' Agreement, Subscription and Shareholders' Agreement, kindrik.co.nz
No Outstanding Obligations. Each of the Existing Other Shareholders further acknowledge and covenant in favour of the Company [Company][Group] and the Investors that they have no actual or contingent entitlement to the issue of further Securities (whether pursuant to any option, ratchet or similar agreement with [the Company][a Group Company]) and that [the Company does not owe owe][no Group Company owes] them any money.. NOTICES
Appears in 1 contract
Samples: Template Shareholders’ Agreement
