Examples of Prior Stockholders Agreement in a sentence
The parties hereto, including the Company and the holders of at least 75% in interest of the outstanding shares of Series A, B, C and D Preferred Stock, voting together as a class, hereby agree that all rights granted and covenants made under the Prior Stockholders' Agreement are hereby waived, released and terminated in their entirety and shall have no further force or effect whatsoever.
This Agreement, together with the exhibits hereto, supersedes all prior agreements and understandings among the parties with respect to such subject matter, including the Prior Stockholders Agreement.
Under the terms of the Series B Preferred Shares, the holders of outstanding Series B Preferred Shares will have the rights referred to under "Certain Terms of the Series B Preferred Shares-- Voting Rights", including the right to appoint a trustee, which trustee shall be authorized to exercise the Company's right to accelerate the principal amount of the Series B Loans and to enforce the Company's other creditor rights under the Series B Loans.
Prior Stockholders Agreement Prior to the January 15, 2015 effective date of the Fourth Stockholders Agreement, the stockholders agreement previously in effect (the “Third Stockholders Agreement”) also provided for demand registration rights for Apollo Management V, L.P. and Apollo Management VI, L.P. (collectively, “Apollo”) and by certain affiliates of Graham Partners, Inc.
The Prior Stockholders Agreement is hereby terminated effective the date hereof.