Common use of Telewest and Telewest Jersey Agreements Clause in Contracts

Telewest and Telewest Jersey Agreements. (a) Financial Restructuring: The Company and Telewest Jersey each undertake, and shall cause the other companies in the Telewest Group to undertake, to take all acts reasonably necessary to effect the Financial Restructuring as promptly as possible. Telewest hereby confirms that a majority of its directors will, subject to their fiduciary and any other duties imposed on them by law and their responsibilities under the City Code on Takeovers and Mergers and the Listing Rules of the UK Listing Authority, recommend the Financial Restructuring to Telewest shareholders and the creditors.

Appears in 2 contracts

Samples: Voting Agreement (Telewest Global Inc), Voting Agreement (Titan Cable PLC)

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Telewest and Telewest Jersey Agreements. (a) Financial Restructuring: The Company and Telewest Jersey each undertake, undertake and shall cause the other companies in the Telewest Group to undertake, undertake to take all acts reasonably necessary to effect the Financial Restructuring as promptly as possible. Telewest hereby confirms that a majority each of its directors has confirmed that he or she will, subject to their fiduciary and any other duties imposed on them by law and their responsibilities under the City Code on Takeovers and Mergers and the Listing Rules of the UK Listing Authority, recommend the Financial Restructuring to Telewest Telewest’s shareholders and the its creditors.

Appears in 1 contract

Samples: Voting Agreement (Idt Corp)

Telewest and Telewest Jersey Agreements. (a) Financial Restructuring: The Company and Telewest Jersey each undertake, undertake and shall cause the other companies in the Telewest Group to undertake, to take all acts reasonably necessary to effect the Financial Restructuring as promptly as possible. Telewest hereby confirms that a majority of its directors will, subject to their fiduciary and any other duties imposed on them by law and their responsibilities under the City Code on Takeovers and Mergers and the Listing Rules of the UK Listing Authority, recommend the Financial Restructuring to Telewest Telewest’s shareholders and the its creditors.

Appears in 1 contract

Samples: Voting Agreement (Telewest Global Inc)

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Telewest and Telewest Jersey Agreements. (a) Financial Restructuring: The Company and Telewest Jersey each undertake, undertake and shall cause the other companies in the Telewest Group to undertake, to take all acts reasonably necessary to effect the Financial Restructuring as promptly as possible. Telewest hereby confirms that a majority of its directors will, subject to their fiduciary and any other duties imposed on them by law and their responsibilities under the City Code on Takeovers and Mergers and the Listing Rules of the UK Listing Authority, recommend the Financial Restructuring to Telewest Telewest's shareholders and the its creditors.

Appears in 1 contract

Samples: Voting Agreement (Titan Cable PLC)

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