Affiliated Transactions. Except as disclosed on the Registration Statement, the Company shall cause each of the existing stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the existing stockholders will present to the Company for its consideration, prior to presentation to any other person or Company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the existing stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary or contractual obligations the existing stockholders might have.
Appears in 8 contracts
Samples: Underwriting Agreement (FMG Acquisition Corp), Underwriting Agreement (TM Entertainment & Media, Inc.), Underwriting Agreement (FMG Acquisition Corp)
Affiliated Transactions. Except as disclosed on in the Registration Statement, the Company shall cause each of the existing stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the existing stockholders will present to the Company for its consideration, prior to presentation to any other person or Company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination, the liquidation of the Company or until such time as the existing stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary or contractual obligations the existing stockholders might have.
Appears in 5 contracts
Samples: Underwriting Agreement (International Brands Management Group LTD), Underwriting Agreement (International Brands Management Group LTD), Underwriting Agreement (International Brands Management Group LTD)
Affiliated Transactions. Except as disclosed on the Registration Statement, the Company shall cause each of the existing stockholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the existing stockholders will present to the Company for its consideration, prior to presentation to any other person or Company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combinationbusiness combination, the liquidation of the Company or until such time as the existing stockholders cease to be an officer or director of the Company, subject to any pre-existing fiduciary or contractual obligations the existing stockholders might have.
Appears in 4 contracts
Samples: Underwriting Agreement (Arcade Acquisition Corp.), Underwriting Agreement (Arcade Acquisition Corp.), Underwriting Agreement (Arcade Acquisition Corp.)
