Apollo Shareholders definition
Examples of Apollo Shareholders in a sentence
All decisions, actions, consents and instructions of the Apollo Representative pursuant to this Agreement shall be final and binding upon all of the Apollo Shareholders, and no such Person shall have any right to object, dissent, protest or otherwise contest the same.
Fairfax has received irrevocable undertakings from the Apollo Shareholders to accept the Offer in respect of aggregate holdings of 158,999,085 Brit Shares, representing approximately 39.7 per cent.
If the Apollo Shareholders exercise their rights pursuant to this Section 3.2, it shall be at the sole cost and expense of the Apollo Shareholders.
The Apollo Shareholders shall be bound by all actions taken and documents executed by the Apollo Representative in connection with this Agreement.
No party may assign any of its rights hereunder to any Person; provided, that the Apollo Shareholders may assign their rights hereunder to their respective Permitted Transferees.
It is therefore expected that the Acceptance Condition will be satisfied on or prior to such date and, upon acceptance of the Offer by the Apollo Shareholders and CVC Shareholders, Fairfax will make an announcement to confirm that the Acceptance Condition has been satisfied.
The Apollo Shareholders and the CVC Shareholders have agreed with Fairfax that they will not withdraw their acceptances for as long as the Offer remains open for acceptance (irrespective of whether this post-dates 30 September 2015).
If this Agreement is terminated pursuant to Section 6.1, this Agreement shall become null and void and of no further force and effect, except for: (i) the provisions set forth in Section 3.3, this Section 6.2, Section 8.4, Section 8.5, Section 8.9 and Section 8.14 and (ii) the rights of the Apollo Shareholders with respect to the breach of any provision hereof by AHL, which shall, in each case of the preceding clauses (i) and (ii), survive the termination of this Agreement.
As described above, the Apollo Shareholders and CVC Shareholders have given irrevocable undertakings to accept the Offer in respect of, in aggregate, approximately 73.3 per cent.
The acceptances of the Offer by the Apollo Shareholders and the CVC Shareholders pursuant to such undertakings will be sufficient to satisfy the Acceptance Condition.