FB Transportation definition
Examples of FB Transportation in a sentence
If Purchaser and the remaining Shareholders fail to purchase all such Common Shares, then all or any portion of such remaining Common Shares may be retained or freely transferred by FB Transportation and its applicable affiliate(s) to any third party, notwithstanding any restrictions set forth in the Shareholders Agreement.
Any replacements for the director positions held by the Fortis Directors must be first approved by FB Transportation.
T▇▇▇▇ or Mr. Younger must also be first approved by FB Transportation.
If one or more Shareholders holding collectively at least 75% of the outstanding Common Shares propose to sell these Common Shares to a third party (who is not a Permitted Transferees), and such sale shall have been approved by FB Transportation, then the selling Shareholders shall have the right to require each other Shareholder to include in such sale the Common Shares of each such other Shareholder.
T▇▇▇▇ and Younger will each enter into an employment agreement in a form reasonably acceptable to Purchaser and to FB Transportation.
Three Directors shall be appointed by Textainer (except when the Class A Shares owned by Textainer are transferred to a Pledgee, in such case three directors shall be appointed by the Pledgee) and one Director shall be appointed by FB Transportation.
Textainer (or the Pledgee, as the case may be) shall at all times be entitled to appoint three (3) Directors, and FB Transportation shall at all times be entitled to appoint one Director.
This letter is written in connection with Section 2.2 of the Amended and Restated Members Agreement, dated as of November 21, 2007 (as the same may be amended or restated from time to time, “Amended and Restated Members Agreement”), by and among Textainer Marine Containers Limited (the “Company”), Textainer Limited (“TL”) and FB Transportation Capital LLC (“FBT”, and together with TL, the “Class A Members”).
Textainer Limited 75 % $ 90,000,000 FB Transportation Capital LLC 25 % $ 45,000,000 A complete list of the Class B Containers is attached to each original counterpart of this Members Agreement, as of the Restatement Effective Date, and as may be supplemented pursuant to Article II of the Members Agreement or by other acquisitions of additional Class B Containers during the term of the Members Agreement.
T▇▇▇▇ and Y▇▇▇▇▇▇ will each enter into an employment agreement in a form reasonably acceptable to Purchaser and to FB Transportation.