Examples of Assignment Shares in a sentence
Prior to Closing, the Target shall deliver the Assignment Shares to the Purchaser to be cancelled and returned to the treasury of the Purchaser.
The Assignment Shares, when issued, will be validly issued and fully paid up and no further contributions in respect of such Assignment Shares will be required to be made to the Purchaser by the holder thereof, by reason solely of his being such holder, and no stockholder of the Purchaser will have any preemptive right of subscription or purchase in respect thereof.
The Closing on the sale of the Assignment Shares shall take place and the stock certificate amount from the Assignor shall be delivered as stated below.
Notwithstanding any investigation conducted or notice or knowledge obtained by or on behalf of any party hereto, the respective representations, indemnities, covenants and warranties of the Purchaser and the Assignors shall survive the execution of this Agreement, the Condition Satisfaction Date hereof, the delivery of the Assignment Shares and/or termination of this Agreement prior thereto.
Purchaser undertakes to obtain the Admission of the Assignment Shares within 15 business days following Condition Satisfaction Date.
Without limiting the foregoing, each Assignor agrees that, until such time as such Assignor has sold all of his Assignment Shares in accordance with this Agreement, such Assignor shall sell securities of the Purchaser only in compliance with the provisions of this Agreement and only through one of two brokers which shall be nominated in writing by the Purchaser from time to time upon written request by an Assignor to sell any such (the "Appointed Brokers").
It is agreed that the Consideration for the Assignment Shares will be for the Assignor retaining 7,400,000 Restricted Common Shares of CSUI, post merger, for purposes of the merger of Cannabis Suisse LLC, in long standing as such, which will be merged into CSUI immediately upon this present transaction with the 100% owner of Cannabis Suisse LLC which shall be acquired as a wholly owned subsidiary of CSUI.
The Closing (the “Closing”) of this Transaction for the Assignment Shares will occur when all of the documents and consideration have been delivered, which shall be the resignation document of Rajendran, and appointment of XX Xxxxxxx as sole officer and director, together with the letter of instruction by Rajendran for the transfer of the Control Shares in the form of the Assigned Shares.
It is agreed that the Consideration for the Assignment Shares will be for the Assignor retaining three hundred thousand Restricted Common Shares of BLIS, post merger, for purposes of the merger of Southern Amusement, Inc.
Without limiting the foregoing, each Assignor agrees that, until such time as such Assignor has sold all of his Assignment Shares in accordance with this Agreement, such Assignor shall sell securities of the Purchaser only in compliance with the provisions of this Agreement and only through one of two brokers which shall be nominated in writing by the Purchaser from time to time upon written request by an Assignor to sell any such (the “Appointed Brokers”).