Examples of Acquisition Seller in a sentence
Although Seller will be a stockholder of record immediately prior to the Acquisition, Seller hereby acknowledges that Seller irrevocably waives any right, title or interest it may have in receiving any such REC Common Stock distributed pursuant to the Exchange.
Upon completion of the Acquisition, Seller will become a wholly owned subsidiary of the Company.
Until consummation or termination of the Acquisition, Seller will conduct its business only in the ordinary course and none of the assets of Seller shall be sold or disposed of except in the ordinary course of Seller's business.
Although Seller will be a stockholder of record immediately prior to the Acquisition, Seller hereby acknowledges that Seller irrevocably waives any right, title or interest it may have in receiving any such GAG Inc.
As an inducement to Buyer to enter into this Agreement and to consummate the Acquisition, Seller hereby represents and warrants to Buyer, as of the date hereof, that, except as set forth in the Disclosure Schedules provided by Seller (the “Seller Disclosure Schedules”) attached hereto and incorporated herein by reference, the statements contained in this Article III are true and correct.
In connection with the Acquisition, Seller desires to sell and Horseshoe believes it is in its best interest to acquire from Seller the Ownership Interest.
Until the closing of the Acquisition, or termination of negotiations related to the Acquisition, Seller may not enter into any transaction or agreement related to the sale of Seller, or any of its assets, or otherwise encumber or enter into an agreement that would encumber any of the foregoing, or enter into any agreement outside of the ordinary course of business or that would otherwise hinder the Parties’ rights or intentions under this LOI.
Except as required or permitted hereby, or as otherwise set forth in Schedule 7.3 to the applicable Acquired Companies Annex, during the Interim Period for each Acquired Companies Acquisition, Seller will cause the applicable Acquired Companies to operate in the Ordinary Course of Business of such Acquired Companies.
The nature and outstanding balances of the Existing Seller Acquisition Debt identified on Schedule 3.01(m) attached hereto is true and accurate in all respects and the Company is not in default with respect to any of the Existing Acquisition Seller Debt.
Until the conclusion of the Diligence Period, Buyer shall have the right, in its sole discretion, to terminate this Agreement if the Review reveals any information that would have a material adverse effect on Buyer's ability to consummate the Acquisition, Seller, the Restaurants or the Assets which cannot be reasonably cured by the Closing.