Examples of Terminating Shareholder in a sentence
If the Terminating Shareholder elects to have such Fair Market Value determined, the Non-Terminating Shareholder will render such cooperation as may be necessary for determination of the Fair Market Value and will bear all costs and expenses associated with the determination of such Fair Market Value.
Notwithstanding the foregoing, in the event of dissolution of the KK by reason of material breach of the JV Agreement, the KK shall assign this Agreement to the Terminating Shareholder (as defined in the JV Agreement) and all licenses granted hereunder shall continue in full force and effect as set forth in this Agreement.
The KK shall assign ownership of the KK Assets to the Terminating Shareholder.
The Parties agree that the [**] discount and [**] premium referred to above is commercially justifiable and constitutes a genuine pre-estimate of any losses suffered by the Terminating Shareholder.
My organization and our representatives will not conduct business with or on behalf of LAUSD in a manner that would be reasonably known to create or lead to a perception of self-dealing.❒ Yes❒No* Note that an LAUSD official is broadly defined to include “any board member, employee, consultant or advisory member of LAUSD” who is involved in making recommendations or decisions for LAUSD.
The Shareholders shall have six (6) months following the termination of the Terminating Shareholder within which to exercise any call option not exercised by the Corporation by giving written notice to the Terminating Shareholder, in accordance with their respective proportionate interests.
The Company shall have the right, without the consent or approval of the Terminating Shareholder, to assign its Call Right with respect to any Call Shares to Metretek Technologies or any of its Affiliates, in which case the assignee shall have all of the rights and duties of the Company under this Agreement with respect to the Call Shares.
In the event that neither Xxxxx, the other Voting Shareholders nor the Corporation exercise their respective options to purchase the Shares of a Terminating Shareholder whose employment is terminated for Cause, the Terminating Shareholder, or his heirs, representatives, successors and assigns, shall hold such Shares not so purchased subject to the terms, conditions and provisions of this Agreement.
The Company shall have the right, without the consent or approval of the Terminating Shareholder, to assign its Call Right with respect to any Call Shares to Metretek Florida or any of its Affiliates, in which case the assignee shall have all of the rights and duties of the Company under this Agreement with respect to the Call Shares.
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