Assignment to Incorporated Entity Sample Clauses

Assignment to Incorporated Entity. It is the intent of Xxxxx X. Xxxxxx and Levis X. Xxxxxxx to form prior to Closing a Virginia corporation to be known as Coddle Roasted Meats, Inc., or such other name as designated by them (the "Corporation"), and to assign their rights and obligations under this Agreement and the Transaction Documents (except for the Guaranty) to the Corporation to buy and hold the Purchased Assets in the name of the Corporation. Upon the due and proper formation of the Corporation in accordance with law, Seller hereby consents to such assignment and upon due and proper execution of resolutions of the Corporation in form reasonably approved by Seller, Seller will release Xxxxx X. Xxxxxx and Levis X. Xxxxxxx from any individual liability to Seller under this Agreement and the other Transaction Documents (except for the Guaranty), provided that nothing herein shall affect Seller's rights to retain the Nonrefundable Deposit as provided in Section 11.3.
AutoNDA by SimpleDocs
Assignment to Incorporated Entity. It is the intent of Xxxxx X. Xxxxxx and Levis X. Xxxxxxx to form prior to Closing a Virginia corporation to be known as Coddle Roasted Meats, Inc., or such other name as designated by them (the "Corporation"), and to assign their rights and obligations under this Agreement and the Transaction Documents (except for the Guaranty) to the Corporation to buy and hold the Purchased Assets in the name of the Corporation. Upon the due and proper formation of the Corporation in accordance with law, Seller hereby consents to such assignment and upon due and proper execution of resolutions of the Corporation in form reasonably approved by

Related to Assignment to Incorporated Entity

  • Recitals Incorporated The Recitals set forth at the beginning of this Site Lease are hereby incorporated into its terms and provisions by this reference.

  • Exhibits Incorporated All Exhibits attached are hereby incorporated into this Agreement.

  • PARTS INCORPORATED 1.03.1 The above-described sections and exhibits are incorporated into this Agreement.

  • Automatic Renewal Clauses Incorporated in Awarded Vendor Agreements with TIPS Members Resulting from the Solicitation and with the Vendor Named in this Agreement.

  • Plan Incorporated Employee acknowledges receipt of a copy of the Plan, and agrees that this award of Restricted Shares shall be subject to all of the terms and conditions set forth in the Plan, including future amendments thereto, if any, pursuant to the terms thereof, which Plan is incorporated herein by reference as a part of this Agreement.

  • Schedules Incorporated The Schedules annexed hereto are hereby incorporated herein as a part of this Agreement with the same effect as if set forth in the body hereof.

  • ASSIGNMENT TO AN AFFILIATE This Agreement may be assigned by the Advisor to an Affiliate with the approval of a majority of the Directors (including a majority of the Independent Directors). The Advisor may assign any rights to receive fees or other payments under this Agreement without obtaining the approval of the Directors. This Agreement shall not be assigned by the Company without the consent of the Advisor, except in the case of an assignment by the Company to a corporation or other organization which is a successor to all of the assets, rights and obligations of the Company, in which case such successor organization shall be bound hereunder and by the terms of said assignment in the same manner as the Company is bound by this Agreement.

  • BIDS/PROPOSALS INCORPORATED In addition to the whole Agreement, the following documents listed in order of priority are incorporated into the Agreement by reference: Bid/Proposal Specifications and Contractor’s Response to the Bid/Proposal.

  • Documents Incorporated by Reference The documents incorporated by reference in the Prospectus, when they became effective or were filed with the Commission, as the case may be, conformed in all material respects to the requirements of the Securities Act or the Exchange Act, as applicable, and the rules and regulations of the Commission thereunder and none of such documents contained any untrue statement of a material fact or omitted to state any material fact required to be stated therein, or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and any further documents so filed and incorporated by reference in the Prospectus, when such documents are filed with Commission will conform in all material respects to the requirements of the Securities Act or the Exchange Act, as applicable, and the rules and regulations of the Commission thereunder and will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading.

  • DEFINITIONS AND INCORPORATION BY REFERENCE

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!