Common use of Termination of Shareholders Agreement Clause in Contracts

Termination of Shareholders Agreement. At and upon the Closing, the Shareholders Agreement shall terminate and be of no further force or effect.

Appears in 1 contract

Samples: Shareholders Agreement (American Medserve Corp)

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Termination of Shareholders Agreement. At The Shareholders' Agreement -------------------------------------- shall be terminated effective as of the date of the Closing described below and upon the Closing, the Shareholders Agreement such termination shall terminate and be of no further force or effect.

Appears in 1 contract

Samples: Stock Purchase and Termination Agreement (Integrated Medical Systems Inc)

Termination of Shareholders Agreement. At and upon As of the ClosingInitial Shares Closing Date, the Shareholders Shareholders' Agreement shall terminate and be of no further force or effect.

Appears in 1 contract

Samples: Agreement (Kansas City Power & Light Co)

Termination of Shareholders Agreement. At Effective at the Closing and upon ------------------------------------- without any further action on the Closingpart of any of the Corporation, Xxxxx Xxxxxxx or Seller, the Shareholders Agreement shall terminate and be of no further force or and effect. It is understood and agreed that should the Closing not occur, the Shareholders Agreement will continue in effect in accordance with its terms.

Appears in 1 contract

Samples: Stock Redemption Agreement (Innotrac Corp)

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Termination of Shareholders Agreement. At The Companies and upon Shareholders agree that, effective as of the Closing, all shareholders' agreements among the Company and the Shareholders Agreement shall terminate be deemed to be terminated and be of no further force or effect.

Appears in 1 contract

Samples: Stock Purchase Agreement (American Homestar Corp)

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