Examples of New Stockholders Agreement in a sentence
On and as of the Effective Date, all of the Holders of New Equity Interests shall be deemed to be parties to the New Stockholders Agreement, without the need for execution by such Holder.
The New Stockholders Agreement will be effective as of the Effective Date and, as of such date, will be deemed to be valid, binding, and enforceable in accordance with its terms, and each holder of New Common Stock will be bound thereby in all respects.
Any party that is to receive shares of New Class A Common Stock shall be a party to the New Stockholders Agreement and deemed to be bound to the terms of the New Stockholders Agreement from and after the Effective Date, even if not a signatory thereto.
Any party that is to receive New Membership Interests and shares of New Class B Common Stock shall be a party to the New LLC Agreement and the New Stockholders Agreement and deemed to be bound to the terms of the New LLC Agreement and New Stockholders Agreement from and after the Effective Date, even if not a signatory thereto.
On or immediately prior to the Effective Date, the New Organizational Documents (including the New Stockholders Agreement) shall be automatically adopted by the applicable Reorganized Debtors.