AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. Each of the parties agrees that with effect from the date of this Agreement the following provisions of the Share Purchase Agreement shall be amended as follows (with all other terms of the Share Purchase Agreement remaining unchanged and in full force and effect):
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. As of the date first written above (the “Effective Date”), the Share Purchase Agreement is hereby amended as follows:
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. 2.1 With effect from the date of this Agreement, the Share Purchase Agreement is further amended by:
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. Amendments to payment structure Pursuant to the SPA Amendments, the Company or Infinite Sky or New Trinity may choose to make the Approvals Payment to the Sellers on a date (the “Early Approval Payment Date”) that is the earlier of (i) the date when the Company obtains sufficient funding to make such payment; and (ii) the six-month anniversary of the date of the Closing, irrespective of whether all Required Approvals have been obtained. In the event that the Approvals Payment to the Sellers is made on or prior to the Early Approval Payment Date, the Port Operation Payment will be reduced to US$40,000,000 and the Mining Production Payment will be reduced to US$40,000,000. In the event that the Company does not pay the Approvals Payment to the Sellers on or prior to the Early Approval Payment Date, unless all parties to the Share Purchase Agreement agree otherwise in writing, the Company or Infinite Sky or New Trinity shall make the Approvals Payment in accordance with the original payment structure and the Port Operation Payment and the Mining Production Payment will each remain as US$100,000,000. In the event the Company, New Trinity and/or Infinite Sky elect not to make the Approvals Payment (i) on or before the Early Approval Payment Date, and (ii) pursuant to original payment structure as set out in the Share Purchase Agreement, the Sellers may elect, at their sole discretion, either (a) the release of the XXX Shares to the Sellers or (b) the reallocation of half of the Approvals Payment to each of the Port Operation Payment and the Mining Production Payment such that each payment would be increased by US$57,500,000. The Sellers shall have 60 days from the earlier of (i) the date the Company notifies the Sellers of its election not to make the Approvals Payment, and (ii) the expiration of the relevant grace period upon the Approvals Payment has become due and payable under the Share Purchase Agreement, to notify the Company of their election. The Sellers shall have the right to conduct due diligence on XXX in order to assist them in making the above election. The parties acknowledge that none of the Company, the Buyer and/or New Trinity will be obligated to achieve the Mining Production Commencement Date or the Port Operation Commencement Date, even in the case where the Sellers select option (b) above. Amendments to acceleration event Pursuant to the Share Purchase Agreement, an Acceleration Event will occur in the event that Mr. Xx and his Family Grou...
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. (a) Section 1.1. The following definition is hereby added to the definitions in Section 1.1 of the Share Purchase Agreement:
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. 4.1 The Parties agree to amend the Share Purchase Agreement as set forth in this Article 4.
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. 2 3 GENERAL...................................................................5 AGREEMENT dated 19 July 2006 BETWEEN:
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. 2.1 Clause 3.4 of the Share Purchase Agreement shall hereby be amended to read as follows: "The Seller, the Buyer and Tallink acknowledge that on or after Completion Tallink will contribute or otherwise transfer to the Buyer the Shares it buys from the Seller. Notwithstanding the fact that Tallink has bought and contributed or otherwise transferred to the Buyer such Shares, the Buyer shall for all purposes of this Agreement be deemed to have bought all the Shares from the Seller and, consequently, have all rights set out in this Agreement (as from the date hereof), including the right to claim compensation for Losses against the Seller and SCL, as if it had originally bought all the Shares directly from the Seller."
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. The Parties covenant and agree that the Share Purchase Agreement be and the same is hereby amended as of the date hereof as follows:
AMENDMENTS TO THE SHARE PURCHASE AGREEMENT. 1.1 Amendment to the Definition of “Final Safety Study” in the Share Purchase Agreement The definition of “Final Safety Study” on page 3 of the Share Purchase Agreement is hereby deleted in its entirety and replaced with the following:
