Common Contracts
3 similar Equity Commitment Letter contracts by Advanced Technology (Cayman) LTD
EQUITY COMMITMENT LETTER December 29, 2023Equity Commitment Letter • January 2nd, 2024 • Advanced Technology (Cayman) LTD • Electrical industrial apparatus • New York
This Equity Commitment Letter (this “letter agreement”) sets forth the commitment of Advanced Technology (Cayman) Limited (the “Sponsor”), subject to (i) the terms and conditions contained in the Agreement and Plan of Merger, dated December 11, 2023 (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”) by and among Hollysys Automation Technologies Ltd. (the “Company”), Superior Technologies Mergersub Limited, a BVI business company incorporated under the Laws of the British Virgin Islands (“Merger Sub”) and Superior Technologies Holding Limited (“Parent”), which provides, among other things, for the merger of Merger Sub with and into the Company, with the Company continuing as the surviving company and a wholly owned subsidiary of Parent (the “Merger”) and (ii) the terms and conditions contained herein. On December 11, 2023, each of Ascendent Capital Partners III, L.P. (the “Guarantor”) and Skyline Automation Technologies L.P. (together wi
EQUITY COMMITMENT LETTER December 11, 2023Equity Commitment Letter • December 13th, 2023 • Advanced Technology (Cayman) LTD • Electrical industrial apparatus • New York
This Equity Commitment Letter (this “letter agreement”) sets forth the commitment of Skyline Automation Technologies L.P. (the “Sponsor”), subject to (i) the terms and conditions contained in the Agreement and Plan of Merger, dated as of the date of this letter agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”) by and among Hollysys Automation Technologies Ltd. (the “Company”), Superior Technologies Mergersub Limited, a BVI business company incorporated under the Laws of the British Virgin Islands (“Merger Sub”) and Superior Technologies Holding Limited (“Parent”), which provides, among other things, for the merger of Merger Sub with and into the Company, with the Company continuing as the surviving company and a wholly owned subsidiary of Parent (the “Merger”) and (ii) the terms and conditions contained herein. Concurrently with the delivery of this letter agreement, Ascendent Capital Partners III, L.P. (the “Other Sponsor”)
EQUITY COMMITMENT LETTER December 11, 2023Equity Commitment Letter • December 13th, 2023 • Advanced Technology (Cayman) LTD • Electrical industrial apparatus • New York
This Equity Commitment Letter (this “letter agreement”) sets forth the commitment of Ascendent Capital Partners III, L.P. (the “Sponsor”), subject to (i) the terms and conditions contained in the Agreement and Plan of Merger, dated as of the date of this letter agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”) by and among Hollysys Automation Technologies Ltd. (the “Company”), Superior Technologies Mergersub Limited, a BVI business company incorporated under the Laws of the British Virgin Islands (“Merger Sub”) and Superior Technologies Holding Limited (“Parent”), which provides, among other things, for the merger of Merger Sub with and into the Company, with the Company continuing as the surviving company and a wholly owned subsidiary of Parent (the “Merger”) and (ii) the terms and conditions contained herein. Concurrently with the delivery of this letter agreement, Skyline Automation Technologies L.P. (the “Other Sponsor”)
