Buyer’s Equity definition
Examples of Buyer’s Equity in a sentence
No holder of any of Buyer’s Equity Securities has rights to register any securities of Buyer as a result of the consummation of the transactions contemplated hereby, except for rights that have been duly waived by such holder, have expired or have been fulfilled by registration prior to the date of this Agreement.
All of Buyer’s Equity Interests are duly authorized, validly issued, and not subject to or issued in violation of any purchase option, call option, right of first refusal, preemptive right, subscription right or similar right.
If agreed by the parties hereto, Buyer’s Equity Repo Account may also hold Purchased Securities that are not Equity Securities.
There are no accrued and unpaid dividends with respect to Buyer’s Equity Interests.
Upon execution of this Annex, Custodian shall establish and maintain a separate Buyer’s Account for Transactions involving Equity Securities (hereinafter referred to as a “Buyer’s Equity Repo Account”) and shall perform its duties under the Custodial Undertaking with respect to such Buyer’s Equity Repo Account separately from any other Buyer’s Account.
There are no voting trusts, proxies or other agreements or understandings with respect to the voting of any Buyer’s Equity Interests or any other equity interests of Buyer.
Effective on the Initial Closing Date, BSX contributed to the Buyer’s capital, in exchange for all of the Buyer’s Equity Interests all of BSX’s Receivables existing as of the Initial Cutoff Date and all Related Security and proceeds with respect thereto (such Receivables, the “Initial Contributed Receivables”).
There are no Actions pending or, to Buyer’s knowledge, threatened against Buyer or any Affiliate of Buyer that challenge or seek to prevent, enjoin or otherwise delay the transactions contemplated by this Agreement or that could reasonably be expected to adversely affect the success of Buyer’s Equity Financing.
The Buyer shall make available at Closing, a sufficient number of restricted shares of Buyer Common Stock and/or options for shares of Buyer Common Stock, which shall be issued to the Company’s management under the Buyer’s Equity and Incentive Award Plan.
In no event shall M&M or the Shareholder incur any liabilities for any Taxes, fees or costs owed by Buyer due to the sale or private placement of Buyer’s Equity Securities.