Examples of Acceding Shareholder in a sentence
The Acceding Shareholder has full legal capacity or corporate authorization to enter into this Deed of Accession and to comply with its obligations arising therefrom.
The execution of this Deed of Accession and the compliance by the Acceding Shareholder of its respective obligations, as well as the consummation of the operations contemplated herein: (i) does not generate conflict or violation of its constituent acts, if the party is a legal entity; and (ii) does not constitute a violation by any applicable laws.
This Deed of Accession has been duly signed by the Acceding Shareholder and constitutes a legal, valid and binding obligation enforceable against the latter, in accordance with its terms.
By signing this Deed of Accession, the Acceding Shareholder hereby acknowledges, agrees and confirms, irrevocably and for the benefit of the Recipient Shareholders and their successors in any capacity, that it is a signatory party to the Shareholders’ Agreement on this date, being subject to all rights, restrictions, conditions and obligations applicable to the Parties in accordance with the provisions of the Shareholders' Agreement as if it were an original signatory party thereto.
The Acceding Shareholder is not required to obtain any consent with respect to (i) the execution, formalization or enforceability of this Deed of Accession or (ii) the consummation of any of the obligations arising therefrom.
On the date on which an Accession Letter is delivered pursuant to this Agreement, that Acceding Shareholder shall become a Party as a Shareholder and shall be bound by and comply with all the terms of this Agreement.
Evaluation of Issuers: the Exchange Evaluation Team will consider the mix of QHPs that best meet the Exchange’s goal of providing an appropriate range of high-quality choice to participants at the best available price in every part of California.
On and as of the date on which an Acceding Shareholder's accession becomes effective, such Acceding Shareholder (or an authorized representative of such Acceding Shareholder, as applicable), by reference to the facts and circumstances then existing on that date, shall execute and deliver to the other Parties the corresponding Accession Letter which shall include representations and warranties given by the Acceding Shareholder.
Unless specified to the contrary herein, each Sponsor and Acceding Shareholder shall be liable only for its Proportion of any payment due under this Agreement and is not responsible for the obligations of the other Sponsor or any other Acceding Shareholder under this Agreement.
A Sponsor or any Acceding Shareholder may at its option and in its sole discretion, satisfy the Additional Cost Overrun Commitment, DSU Commitment, Shareholder Tax Reimbursement Commitment and/or Equity Commitment of any other Sponsor or Acceding Shareholder.