Common use of Termination of Article I Clause in Contracts

Termination of Article I. Subject to Section 6.1, this Article I (other than Section 1.2) shall terminate and be of no further force or effect on the earlier of (i) the date on which the Investor Percentage Interest is less than 20% and (ii) the tenth anniversary of the Closing Date.

Appears in 3 contracts

Samples: Shareholders Agreement (Fidelity National Information Services, Inc.), Shareholders Agreement (Wpm, L.P.), Shareholders Agreement (Wpm, L.P.)

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Termination of Article I. Subject to Section 6.1, this Article I (other than Section 1.21.3) shall terminate and be of no further force or effect on the earlier of (i) the date on which the Investor Percentage Interest is less than 207.5% and the fair market value, as determined by the Board in good faith, of the Voting Securities Beneficially Owned by the Investor Group is less than $150 million and (ii) the tenth anniversary of the Closing Date.

Appears in 3 contracts

Samples: Shareholders Agreement (Warburg Pincus LLC), Shareholders Agreement (Metavante Technologies, Inc.), Shareholders Agreement (Marshall & Ilsley Corp/Wi/)

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