Management Owners definition
Examples of Management Owners in a sentence
This Agreement constitutes the entire agreement of the parties hereto with respect to the subject matter hereof and may not be modified, supplemented or amended in any respect except by written instrument executed by Management Owners holding a majority of the Owner Shares held by all Management Owners and by NGP Owners holding a majority of the Owner Shares held by all NGP Owners.
The Management Owners propose to acquire shares of the Company's Common Stock, par value $.01 ("Common Stock") pursuant to the merger of Offshore Energy Development Corp., a Texas corporation, with and into the Company.
This Agreement will only bind and inure to the benefit of, and will only be enforceable by and against, the Company, the Management Owners and the NGP Owners and their respective Permitted Assignees.
AMG shall have received such evidence as it shall deem necessary or appropriate as to the insurability of each of the Majority Management Owners with respect to both key-man life insurance and disability insurance policies, in such amounts as AMG shall reasonably have determined.
All notices under this Agreement which are to the provided to (i) the Management Owners shall be sent to Doug▇▇▇ ▇.