Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 to be owed to USFloral by the Stockholders under Section 10.1 hereof.
Appears in 6 contracts
Samples: Agreement and Plan of Reorganization (U S a Floral Products Inc), Agreement and Plan of Reorganization (U S a Floral Products Inc), Agreement and Plan of Reorganization (U S a Floral Products Inc)
Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 to be owed to USFloral by the Stockholders Stockholder under Section 10.1 hereof.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (U S a Floral Products Inc), Agreement and Plan of Reorganization (U S a Floral Products Inc)
Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 9.3 to be owed to USFloral by the Stockholders under Section 10.1 9.1 hereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (U S a Floral Products Inc)
Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 to be owed to USFloral by the Stockholders or Beneficial Owners under Section 10.1 hereof.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (U S a Floral Products Inc)
Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 9.3 to be owed to USFloral by the Stockholders Shareholders under Section 10.1 9.1 hereof.
Appears in 1 contract
Samples: Share Purchase Agreement (U S a Floral Products Inc)
Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 9.3 to be owed to USFloral by the Stockholders Stockholder under Section 10.1 9.1 hereof.
Appears in 1 contract
Samples: Stock Purchase Agreement (U S a Floral Products Inc)
Right to Set Off. USFloral shall have the right, but not the obligation, to set off, in whole or in part, against the Pledged Assets, amounts finally determined under Section 10.3 to be owed to USFloral by the Stockholders Stockholder under Section 10.1 hereof, so long as the pledge is in effect.
Appears in 1 contract