Each Shareholder definition

Each Shareholder has full power, legal right and authority to enter into, execute and deliver this Agreement and the other agreements, instruments and documents contemplated hereby and to carry out the transactions contemplated hereby.
Each Shareholder s Contribution to the Escrow Account as set forth on Exhibit A hereto (plus any interest thereon and less any funds disbursed from the Escrow Account to any Indemnified Person that are attributable to such Shareholder, as the case may be, in accordance with the terms of this Agreement and the Asset Purchase Agreement) is herein referred to as such Shareholder's "Escrow Amount," respectively. The Escrow Amount shall be held by the Escrow Agent in a separate and distinct account (the "Escrow Account"), in accordance with the terms and conditions hereinafter set forth. The federal employer identification number for the Escrow Account shall be _____________ and the address for the Escrow Account shall be Bank One, Arizona, NA, Corporate Trust Services, AZ1-1128, 201 ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇izona, Attention: Kare▇ ▇. ▇▇▇▇▇▇▇▇.
Each Shareholder has the legal capacity to execute, deliver and perform this Agreement. This Agreement constitutes a valid and binding obligation of the Shareholder enforceable against him or her in accordance with its terms. If the Shareholder is married and the Shares constitute community property under applicable law, the spouse of each Shareholder shall consent to be bound by the provisions of this Agreement by executing the Consent of Spouse attached hereto as Exhibit B and made a part hereof.

Examples of Each Shareholder in a sentence

  • Each Shareholder of the Trust shall be deemed to have agreed, by his investment in the Trust, to make the contribution referred to in the preceding sentence in the event of any such loss.

  • Each Shareholder and transferee agrees to pay all expenses, including attorneys’ and accountants’ fees, incurred by the Trust in connection with any transfer.

  • Each Shareholder of the Trust shall be deemed to have agreed, by investing in any Series with respect to which the Trustees shall have adopted any such procedure, to make the contribution referred to in the preceding sentence in the event of any such loss.

  • Each Shareholder of the Trust and of each Series shall not be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or by or on behalf of any Series.

  • Each Shareholder of the Trust and each Class shall not be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or by or on behalf of any Class.

  • Each Shareholder shall be entitled to a certificate stating the number of Shares owned by him or her, in such form as shall be prescribed from time to time by the Trustees.

  • Each Shareholder Account (other than Omnibus Accounts) will represent a record owner of Shares of such Fund, the records of which will be kept in accordance with this Schedule I.

  • Each Shareholder of a Series shall have the right at such times as may be permitted by the Trustees to require the Series to redeem all or any part of his Shares at a redemption price per Share equal to the Net Asset Value per Share at such time as the Trustees shall have prescribed by resolution, or, to the extent permitted by the 1940 Act, at such other redemption price and at such times as the Trustees shall prescribe by resolution.

  • Each Shareholder and transferee agrees to pay all expenses, including attorneys’ and accountants’ fees, incurred by the Trust in connection with any Transfer.

  • Each Shareholder hereby ratifies and confirms all that such irrevocable proxy may lawfully do or cause to be done by virtue hereof.