Respective Shares definition
Examples of Respective Shares in a sentence
The execution and delivery by such Seller of this Agreement and any Seller Ancillary Agreement and the consummation by such Seller of the transactions contemplated hereby and thereby will not conflict with or violate the Company’s Organizational Documents or any Laws or permits applicable to such Seller or by which any of such Seller’s properties or assets (including such Seller’s Respective Shares) are bound or are subject.
Such costs shall be apportioned in accordance with the Respective Shares of each Party.
In the event for whatever reason the CLG Funding is reclaimed by or required to be repaid to CLG, each Party will contribute to any shortfall of funding which is necessary to meet any other obligations or liabilities which have been incurred prior to such reclaim or repayment accordance with its Respective Shares and the Lead Authority shall on behalf of the Project Board be entitled to recover such contributions from the other Parties as a debt.
Seller is not a party to any option, warrant, purchase right or other contract that could require such Seller to sell, transfer or otherwise dispose of such Seller’s Respective Shares and Seller is not a party to any voting trust, proxy or other contract with respect to the voting thereof.
Seller is the beneficial and record owner and has good title to all of such Seller’s Respective Shares free and clear of all Liens and does not own any other share of any class of capital stock of the Company.
No Seller or Sellers’ Representative is a party to, subject to, or bound by any Order of any Governmental Authority, or any agreement which would prevent the execution or delivery of this Agreement by such Seller or Sellers’ Representative or the sale of such Seller’s Respective Shares to Purchasers.
Schedule 4.2 sets forth the Seller’s Respective Shares as to each Seller.
Such additional financial support will be provided by the Parties in their Respective Shares.
No Seller is a party to any outstanding subscription, option, call, warrant, purchase right or other contract that could require such Seller to sell, transfer or otherwise dispose of such Seller’s Respective Shares.
Notwithstanding Section 2.(b) and for so long as ZLB is the manufacturer of Hemaseel HMN, the Shareholders shall vote their Respective Shares so that ZLB shall be entitled to appoint one (1) representative on the Board.