Examples of Target Company in a sentence
The Existing Shareholders, the Target Company or the Actual Controllers undertake to through their best reasonable efforts cooperate with the Investor in taking any action or exercising any right or obligation even if the Investment Agreement and/or this Agreement do not expressly state that any one or more of the Existing Shareholders, the Target Company or the Actual Controllers are under the obligation to cooperate with the taking of such action or the exercise of such right or obligation.
Existing shareholders, the Target Company, or the Actual Controllers shall act in good faith to fulfill this Agreement and other transaction documents.
If the transferor of a Proposed Transfer is an Actual Controller or another company controlled by him, then the Investor has the right of co-sale to participate in the Proposed Transfer, meaning that the Investor has the right to sell the registered capital it holds in the Target Company on the same terms and conditions as specified in the Transfer Notice pursuant to the provisions hereof.
In case that the shareholders of the Target Company, other than the Investor, fail to perform the obligations set out in clause 10.1 hereof, such shareholders hereby irrevocably appoint the Investor and the director nominated by the Investor pursuant to this Agreement as their attorneys to, in their names and on their behalf, execute all resolutions and documents concerning, and take all actions required to consummate, the Acquisition.
Upon the Investor’s request, the Target Company shall immediately deliver to the Investor the latest revision of the Investment Agreement, as well as the copies of all other documents related to subsequent financing, management and other matters of the Target Company, including a copy of the Articles of Association properly signed and sealed by or on behalf of the Parties and duly filed with the relevant complete regulatory authority.