Examples of Business Integration Agreement in a sentence
Changes to the above Share Transfer Ratio may be made during the period after the execution of the Business Integration Agreement and until the effective date of the Share Transfer upon consultation between the Banks in the event that matters that cause a material adverse effect to the Share Transfer Ratio are newly found to exist or have occurred.
Only prior to the Closing, the Business Integration Agreement will terminate (i) if the Parties agree in writing to terminate the Business Integration Agreement, (ii) if the Business Integration Agreement is terminated as set forth in 3.
We are planning to implement the Business Integration through a holding company structure whereby Minato, Kansai Urban and Kinki Osaka will become wholly-owned subsidiaries of the Holding Company through the following three phases from (i) to (iii), in accordance with the Business Integration Agreement, on the assumption that (a) the sequence of acts in respect of the Business Integration do not constitute a violation of the laws and regulations, etc.
As a result of such examination, Minato determined that the Business Integration will help enhance the mid- to long-term corporate value of Minato and thus, at the meeting of its board of directors held today, Minato resolved to execute the Business Integration Agreement.
As a result of such examination, Kansai Urban determined that the Business Integration will help enhance the mid- to long-term corporate value of Kansai Urban and thus, at the meeting of its board of directors held on this day, Kansai Urban resolved to execute the Business Integration Agreement.
The Integration Preparatory Committee will be established to intensively discuss the Business Integration with the two companies as soon as possible after the conclusion of the Business Integration Agreement.
The above share transfer ratio may change by mutual agreement of the Banks following the execution of the Business Integration Agreement, but before the effective date of the Share Transfer, if an event is newly discovered or occurs that may have a significant impact on the share transfer ratio.
The Company was incorporated on November 14, 2017; and as of the filing date hereof, it does not engage in substantial business activities other than (i) the preparation of this statement and other business incidental to the incorporation and matters set forth in the Business Integration Agreement; and (ii) business which must be conducted by the Company as a holding company in order to smoothly implement the Business Integration on the Closing Date, including the business of managing Kinki Osaka.
Kansai Urban, Minato and Kansai Mirai confirm that, under the Business Integration Agreement dated September 26, 2017 (the “ Business Integration Agreement”) executed among Resona Holdings, Inc.
Kansai Urban and Minato confirm that, in the event that any damage, loss or expense (including reasonable attorneys’ fees; collectively, “ Damage, Etc.”) is incurred by any of the other parties to the Business Integration Agreement arising out of or in connection with any of the Representations and Warranties being false or inaccurate under the Business Integration Agreement, Kansai Urban and Minato are each, respectively, obliged to provide compensation for such Damage, Etc.