Termination of the Shareholders Agreement. Effective as of the date hereof, the Shareholders Agreement is hereby terminated in its entirety and shall be of no further force or effect; except for actions to be taken in connection with the registration and offering of shares pursuant to the ERI letter to the Company dated as of September 11, 2003.
Termination of the Shareholders Agreement. Purchaser shall have received evidence satisfactory to it, acting reasonably, that the Shareholders Agreement of Corporation and the Shareholders Agreement of Holdco have been terminated without any further liability to Corporation or Holdco thereunder.
Termination of the Shareholders Agreement. 2.1 With effect from the date hereof, the obligations of each of the Shareholders under, in relation to or in respect of the Shareholders Agreement shall terminate and shall be of no force and effect and no party thereto shall have any further rights or claims against, or obligations to, the other in respect thereof and their respective liabilities and obligations shall be irrevocably and unconditionally released.
Termination of the Shareholders Agreement. The Shareholders Agreement shall terminate in accordance with its terms upon a sale by Continental of all of the Continental Shares.
Termination of the Shareholders Agreement. The Parties hereby agree that the Shareholders’ Agreement shall be terminated as of the date on which this Agreement is executed by all the Parties and each Party hereby fully and effectually releases and discharges absolutely the other Party from all duties, obligations, claims and liabilities (whether crystallised or not or whether arising from a prior breach of the Shareholders’ Agreement) arising out of or in respect of the Shareholders’ Agreement (including without limitation, for the avoidance of doubt, all accrued obligations and liabilities under clause 7 (Guaranteed XXX) of the Shareholders’ Agreement).
Termination of the Shareholders Agreement. Each of the Major --------------------------------------------- Shareholders hereby agrees that the Shareholders' Agreement dated June 8, 1993, the Amended and Restated Shareholders' Agreements dated June 1, 1994 and May 7, 1996 and all other related amendments thereto have been terminated and this Agreement supersedes such agreements.
Termination of the Shareholders Agreement. 21.1 This Shareholders’ Agreement terminates a) In case of a valid termination pursuant to Section 20.1 to 20.4;
Termination of the Shareholders Agreement. 16.1 Notwithstanding any non-contractual oral or written communications between the parties regarding its subject matter and/or anything to the contrary contained in the Shareholders Agreement, the Company and each of the Sellers that is a party to the Shareholders Agreement hereby terminates the Shareholders Agreement with effect from the Completion Date.
Termination of the Shareholders Agreement. Pursuant to Section 4.03 of the Shareholders' Agreement, the parties hereto agree that, effective upon the closing of the Offering, the Shareholders' Agreement be and hereby is terminated with no further force or effect; provided however if the Offering does not close for any reason, the Shareholders' Agreement shall remain in full force and effect.
Termination of the Shareholders Agreement. The Parties agree that, subject to Closing and with immediate effect upon Closing, the Shareholders’ Agreement as am ended by the ITO SHA shall terminate and shall cease to have any force or effect; for the avoidance of doubt, the Settlement Deed and the Deed of Indemnity and this Deed shall remain valid and continue having its effect.
