Examples of Blocker Shares in a sentence
The Blocker Shares were not issued in violation of the organizational documents of Blocker or any other agreement, arrangement or commitment to which Blocker Seller or Blocker is a party and are not subject to or in violation of any preemptive or similar rights of any Person.
The Blocker Shares were issued in compliance with applicable Laws.
Subject to and upon the terms and conditions of this Agreement, immediately prior to the Effective Time, Blocker Seller shall sell to US Buyer, and US Buyer shall purchase from Blocker Seller, all right, title and interest in and to the Blocker Shares, free and clear of all Liens.
Other than the organizational documents of Blocker, there are no voting trusts, proxies or other agreements or understandings in effect with respect to the voting or transfer of any of the Blocker Shares.
All Blocker Shares are held of record and beneficially by Blocker Seller and are free and clear of all Liens.