Termination of Rights and Obligations. The rights of VISN, or NICC, as the case may be, under Section 5.1 and 5.2 shall terminate (if not theretofore terminated) pursuant to the terms of Section 5.1 or 5.2 on the later of such date as VISN and its Affiliates which are Parties to this Agreement cease to (i) be entitled to nominate or designate a member of the Board of Directors of the Company or (ii) beneficially own any Odyssey Preferred Interests.
Appears in 6 contracts
Samples: Stockholders Agreement (Hallmark Cards Inc), Stockholders Agreement (Crown Media Holdings Inc), Stockholders Agreement (Visn Management Corp)