Common use of Responsibility of GKH Clause in Contracts

Responsibility of GKH. In the event that any Participating Stockholder timely exercises its rights of inclusion under this Section 2.4, promptly after the consummation of the sale of Stock under this Section 2.4, GKH shall (i) deliver notice thereof to each Participating Stockholder, (ii) remit to each Participating Stockholder the total consideration received by GKH, if any, with respect to such Participating Stockholder's Stock sold pursuant hereto and (iii) furnish such other evidence of the completion and time of completion of such Disposition and the terms thereof as may be reasonably requested in writing by each Participating Stockholder.

Appears in 2 contracts

Samples: Stockholders Agreement (Hanover Compressor Co), Stockholders Agreement (Hanover Compressor Co)

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Responsibility of GKH. In the event that any Participating Stockholder timely exercises its rights of inclusion under this Section 2.42.2, promptly after the consummation of the sale of Stock under this Section 2.42.2, GKH shall (i) deliver notice thereof to each Participating Stockholder, (ii) remit to each Participating Stockholder the total consideration received by GKH, if any, with respect to such Participating Stockholder's Stock sold pursuant hereto and (iii) furnish such other evidence of the completion and time of completion of such Disposition and the terms thereof as may be reasonably requested in writing by each Participating Stockholder.

Appears in 1 contract

Samples: Stockholders Agreement (Hanover Compressor Co)

Responsibility of GKH. In the event that any Participating Stockholder timely exercises its rights of inclusion under this Section 2.42.3, promptly after the consummation of the sale of Stock under this Section 2.42.3, GKH shall (i) deliver notice thereof to each Participating Stockholder, (ii) remit to each Participating Stockholder the total consideration received by GKH, if any, with respect to such Participating Stockholder's Stock sold pursuant hereto and (iii) furnish such other evidence of the completion and time of completion of such Disposition and the terms thereof as may be reasonably requested in writing by each Participating Stockholder.

Appears in 1 contract

Samples: Stockholders Agreement (Hanover Compressor Co)

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Responsibility of GKH. In the event that any Participating Stockholder timely exercises its rights of inclusion under this Section 2.4, promptly (but in no event later than the day of receipt) after the consummation of the sale of Stock under this Section 2.4, GKH shall (i) deliver notice thereof to each Participating Stockholder, (ii) remit to each Participating Stockholder the total consideration received by GKH, if any, with respect to sales price of such Participating Stockholder's Stock sold pursuant hereto and (iii) furnish such other evidence of the completion and time of completion of such Disposition and the terms thereof as may be reasonably requested in writing by each Participating Stockholder.

Appears in 1 contract

Samples: Stockholders Agreement (Hanover Compressor Co)

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