Margin Accounts. Notwithstanding any of the covenants set forth in this Agreement, Shareholder shall not be required or otherwise obligated to take any action or make any election which conflicts with his existing contractual obligations arising under either his margin agreement with Prudential Securities Incorporated or his margin agreement with Morgan Keegan & Company, Inc. (the "Margin Agreements").
Appears in 2 contracts
Sources: Shareholder Agreement (Union Pacific Corp), Shareholder Agreement (Motor Cargo Industries Inc)
Margin Accounts. Notwithstanding any of the covenants set forth in this Agreement, Shareholder shall not be required or otherwise obligated to take any action or make any election which conflicts with his existing contractual obligations arising under either his margin agreement with Prudential Securities Incorporated or his margin agreement with Morgan Keegan ▇▇▇▇▇▇ ▇▇▇▇▇▇ & Company, Inc. (the "Margin Agreements").
Appears in 1 contract
Sources: Agreement and Plan of Merger