SL Party definition
Examples of SL Party in a sentence
In addition, with respect to any SL Director to be designated by Silver Lake other than a managing director (or more senior officer) of an SL Party or any of its affiliated management companies, Silver Lake shall select such SL Director in consultation with the nominating committee of the Board, if such committee is in existence (and if no such committee is in existence, then in consultation with the Governing Body).
The rights and obligations hereunder shall not be assignable without the prior written consent of the other parties hereto; provided, however, any KKR Party, SL Party, TCV Party or Founder Party, respectively, without the consent of any other party, may assign, in whole or in part, any of its rights hereunder to any Person who is (or who contemporaneously becomes) a KKR Party, SL Party, TCV Party or Founder Party, respectively.
The rights and obligations hereunder shall not be assignable without the prior written consent of the other parties hereto; provided, however, that the rights and obligations of any ▇▇▇▇▇ Stockholder hereunder shall automatically transfer to any Affiliated Transferee of such ▇▇▇▇▇ Stockholder; provided, further, that without the prior written consent of any party hereto, the SL Parties may assign this Agreement to another SL Party.
In addition, with respect to any SL Director to be nominated by SL other than a Managing Director (or more senior officer) of an SL Party or any of its affiliated management companies, SL shall select such SL Director in consultation with the Nominating Committee of the Board.