Pine Brook definition
Examples of Pine Brook in a sentence
Neither this Agreement nor any of the rights or obligations hereunder shall be assigned by any of the parties hereto without the prior written consent of the other parties; provided, however, that the Pine Brook Entities may assign any of their rights hereunder to any of their Affiliates.
Without limiting the foregoing, the Company shall, as promptly as reasonably practicable, use commercially reasonably efforts to take all necessary and desirable actions within its control (including, without limitation, calling special meetings of the Board and/or the Company’s shareholders) to cause the election, removal and replacement of the designee of the Pine Brook Entities pursuant to this Section 2.1.
If this Agreement is terminated as to any Pine Brook Entity pursuant to Section 3.1, this Agreement shall become void and of no further force and effect with respect to such Pine Brook Entity.
This Agreement shall automatically terminate (without any action by any party hereto) as to each Pine Brook Entity as of the time such Pine Brook Entity and its Affiliates no longer Beneficially Own any shares of Common Shares.
The Company shall reimburse Executive for all dues, fees and assessments in connection with Executive’s golf club membership at Pine Brook Country Club.
All notices and other communications provided for herein shall be in writing and shall be deemed to have been duly given if delivered personally or sent by registered or certified mail, return receipt requested, postage prepaid to the addresses set forth in the notices section of the Subscription Agreement of each of ▇▇▇▇▇, Pine Brook, PROL and ▇▇▇▇▇▇▇ (or such other address as a party shall have specified by notice in writing to the other parties).
If Pine Brook Beneficially Owns less than 7.5% of the outstanding shares of Common Stock, it shall not be entitled to designate any nominee to the Board.
Each of the Nominating Committee and the Compliance Committee shall be comprised of one (1) of each of the Pine Brook Directors and the GS Directors, for so long as Pine Brook and GS, respectively, shall remain Major Investors, and one (1) director appointed from time to time by the Board.
Liability Insurance – $1 million in coverage with Pine Brook Fitness and the address (130 ▇▇▇▇▇▇ St. New Rochelle NY 10801) listed as additional insured on your ▇▇▇▇▇ form.
The Compensation Committee shall consist of two (2) members, shall be comprised of one (1) of each of the Pine Brook Directors and the GS Directors and shall have, among its responsibilities, the approval of all aspects of compensation for senior management including salary, bonus and restricted share grants, and administration of the Share Plan.