Examples of Executive Shareholders in a sentence
Those Non Executive Shareholders who cannot be considered as directors representing controlling shareholders nor Independent Shareholders regarding the previously established requirements will be considered as Other External ones.
None of the Sellers, Executive Shareholders or their respective Affiliates has received notice of any violation of any such law, regulation, order or other legal requirement or, to the best knowledge of each Seller and each Executive Shareholder, are in default with respect to any order, writ, judgment, award, injunction or decree of any Governmental Authority or arbitrator, domestic or foreign, applicable to any Business or any of the assets, properties or operations with respect thereto.
The Sellers and the Executive Shareholders shall promptly communicate to the Buyer any inquiries or communications concerning any such transaction which they may receive or of which they may become aware prior to the termination of this Agreement.
It is accordingly agreed that, in addition to any other remedies which may be available to it, the Buyer will have the right to obtain injunctive relief to restrain a breach or threatened breach of, or otherwise obtain specific performance of, the Sellers' and the Executive Shareholders' covenants and other agreements contained in this Agreement.
The Sellers and the Executive Shareholders shall take all action necessary such that all transactions contemplated by this Agreement comply in all material respects with any "Bulk Transfer" provisions of the Uniform Commercial Code which may be in effect in each applicable jurisdiction.
Such access by the Buyer will be coordinated through one of the Executive Shareholders, as representatives of the Sellers.
The Sellers shall have received such other certificates, instruments and documents in confirmation of the representations and warranties of the Buyer and Parent or in furtherance of the transactions contemplated by this Agreement as the Sellers, the Executive Shareholders or their counsel may reasonably request, including, without limitation, the Management Agreement in form and substance satisfactory to the Executive Shareholders.
The Sellers and the Executive Shareholders shall, from time to time prior to the Closing (but no later than three Business Days prior to the Closing), by notice in accordance with this Agreement, supplement or amend any Schedule to correct any matter which would constitute a breach of any representation or warranty herein contained.
Upon the termination of this Agreement, Parent and Buyer, on the one hand, and the Sellers and Executive Shareholders, on the other, shall return all confidential materials previously furnished to the other except to the extent that a party may require such materials for purposes of enforcing its rights or pursuing any of its remedies under this Agreement, at law or in equity.
The Sellers and the Executive Shareholders agree to jointly and severally defend, contest or otherwise protect the Buyer Indemnitee against any such suit, action, investigation, claim or proceeding at their sole cost and expense.