Key Holders Clause Samples
The 'Key Holders' clause defines the individuals or entities that possess significant control or decision-making authority within a company, typically in the context of shareholder agreements or investment documents. This clause usually lists specific founders, executives, or major shareholders who have the power to approve certain actions, such as issuing new shares, amending governing documents, or authorizing major transactions. By clearly identifying who the key decision-makers are, the clause ensures transparency and helps prevent disputes over authority, thereby streamlining governance and protecting the interests of all parties involved.
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Key Holders. To provide to the Landlord the names, addresses and telephone numbers of all persons holding keys to the Demised Premises.
Key Holders. The Tenant shall ensure that the Landlord, the police force and the fire authority each have the names of at least 2 individuals who hold keys to the Premises, together with up to date addresses and home telephone numbers for each of them.
Key Holders. 24.1 The Client agrees and acknowledges that the maximum number of Key Holders at any one time per Site shall be 5.
24.2 The Client acknowledges and agrees that it shall be responsible for updating the Key Holder contact details and Control Group shall not be liable for any loss or damage caused by incorrect Key Holder contact details.
24.3 If Control Group deems it necessary to contact a Key Holder, it will take reasonable steps to contact up to a maximum of three Key Holders by telephone once using the latest contact details notified to it by the Client in writing.
Key Holders. Each Key Holder represents and warrants to the Investor and the Company that (i) such Key Holder is the sole owner of its Stockholder Shares, (ii) such Key Holder owns its Stockholder Shares free and clear of liens or encumbrances that would restrict such Key Holder from voting its Stockholder Shares in accordance with this Agreement, and has not, at any time on or prior to the Effective Date, executed or delivered any proxy or entered into any other voting agreement or similar arrangement with respect to its Stockholder Shares other than one which has expired or terminated prior to the Effective Date, and (iii) such Key Holder has full power and capacity to execute, deliver and perform this Agreement, which has been duly executed and delivered by, and evidences the valid and binding obligation of, such Key Holder enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium, rehabilitation, liquidation, or similar laws now or hereafter in effect affecting creditors’ rights and remedies generally and except as the availability of equitable remedies may be limited by equitable principles of general applicability.
Key Holders. To ensure that at all times the Landlord (or its managing agents) have written notice of the name and address and home telephone number of at least two key holders of the Premises
Key Holders. Each Key Holder represents and warrants to the Investors and the Company that (i) such Key Holder is the sole owner of its Stockholder Shares, (ii) such Key Holder owns its Stockholder Shares free and clear of liens or encumbrances that would restrict such Key Holder from voting its Stockholder Shares in accordance with this Agreement, and has not, at any time on or prior to the Effective Date, executed or delivered any proxy or entered into any other voting agreement or similar arrangement with respect to its Stockholder Shares other than one which has expired or terminated prior to the Effective Date, (iii) such Key Holder has full power and capacity to execute, deliver and perform this Agreement, which has been duly executed and delivered by, and evidences the valid and binding obligation of, such Key Holder enforceable in accordance with its terms and (iv) during the term of this Agreement such Key Holder will not (A) enter into any other voting agreement with respect to such Key Holder’s Stockholder Shares or (B) grant any proxy with respect to those Stockholder Shares.
Key Holders. Each Key Holder hereby agrees to hold all shares of voting capital stock of the Company registered in its name or beneficially owned by it as of the date hereof, if any, and any and all other securities of the Company legally or beneficially acquired by such Key Holder after the date hereof (collectively, the “Key Holder Shares”) subject to, and to vote the Key Holder Shares at each regular and each special meeting of stockholders (whether by written consent or otherwise) in accordance with, the provisions of this Agreement.
Key Holders. 27.1 To ensure that at all times the Landlord and the police have written notice of the name home address and home telephone number of at least two key holders of the Premises
27.2 To permit the Landlord at all times during the Term to exercise without interruption or interference any of the rights granted to it by virtue of the provisions of this Lease
Key Holders. No Key Holder, regardless of such Key Holder’s employment status with the Company, shall Transfer all or any part of any interest in any Equity Securities of the Company now or hereafter owned or held by such Key Holder prior to a Qualified IPO, without the prior written consent of the Majority Preferred Holders, provided that, the Transfer made or proposed to be made in accordance with Section 2.5 shall not be subject to prior written consent of the Majority Preferred Holders, and no Key Holder shall Transfer any Equity Securities of the Company to a Competitor (each as defined in the Shareholders Agreement).
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