Conversion of Seller Clause Samples
Conversion of Seller. Subsequent to the Asset Transfer but prior to Closing, Seller will convert into a California limited liability company.
Conversion of Seller. Common Stock 2
Conversion of Seller. Common Stock 1.06 Buyer Common Stock 1.07 Articles of Incorporation 1.08 By-Laws 1.09 Directors and Officers of the Surviving Corporation 1.10 Tax Consequences 1.11 Voting Agreement
Conversion of Seller. The Parties hereby acknowledge and agree that (i) at some point prior to the Closing, the Seller might convert into a Delaware limited liability company, (ii) that nothing contained in this Agreement prohibits such conversion and such conversion will not cause any Seller Party to be in breach of any of the terms of this Agreement and (iii) that the term “Seller” as defined herein, shall include the Seller, as so converted.