Common use of Issuance of Consideration Shares Clause in Contracts

Issuance of Consideration Shares. 3.2.1. Notwithstanding Clause 3.1.2 above, the Seller hereby instructs and authorises the Issuer to allot and issue the Consideration Shares to the Seller’s assignees (“Seller’s Assignees”), the details of which will be notified by the Seller to the Purchaser and the Issuer. The Seller agrees that it shall enter into a separate deed of assignment with the Seller’s Assignees for the purposes of assigning its right and entitlement to receive the Consideration Shares in favour of the Seller’s Assignees.

Appears in 10 contracts

Samples: Software Purchase Agreement (Starbox Group Holdings Ltd.), Agreement (Starbox Group Holdings Ltd.), Agreement (Starbox Group Holdings Ltd.)

AutoNDA by SimpleDocs

Issuance of Consideration Shares. 3.2.1. 3.2.1 Notwithstanding Clause 3.1.2 above, the Seller hereby instructs and authorises authorizes the Issuer to allot and issue the Consideration Shares to the Seller’s assignees (“Seller’s Assignees”), the details of which will be notified by the Seller to the Purchaser and the Issuer. The Seller agrees that it shall enter into a separate deed of assignment with the Seller’s Assignees for the purposes of assigning its right and entitlement to receive the Consideration Shares in favour favor of the Seller’s Assignees.

Appears in 1 contract

Samples: Softwarepurchase Agreement (MingZhu Logistics Holdings LTD)

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