Examples of Acquired Equity in a sentence
Upon your receipt of this notice, you shall immediately transfer all the Proposed Acquired Equity to us/[name of designated company/individual] pursuant to the provisions of the Option Agreement.
For purposes of state “blue sky” Laws, the Buyer represents and warrants that the principal executive offices of the Buyer are located in the State of Texas and that the decision by the Buyer Parties to acquire the Acquired Equity Interests shall be deemed to occur solely in the State of Texas.
Except for the Indebtedness under the Poseidon Loan Documents and the Poseidon Liens or as set forth on Schedule 4(q), (i) there is no Indebtedness and (ii) there are no borrowings, loan agreements, promissory notes, pledges, mortgages, guaranties, capital leases or other similar Obligations (direct or indirect) that are secured by or constitute an Encumbrance on the Acquired Equity Interests or any Business Asset.
Such termination shall be at no cost or expense to the Buyer, the Business, the Acquired Equity Interests, the Subject Entities or the Business Assets.
The Buyer understands that the resale of the Acquired Equity Interests may be restricted indefinitely, unless a subsequent disposition thereof is registered under the Securities Act and registered under any state securities Law or are exempt from such registration.