Examples of Buyout Shares in a sentence
If such Shareholder nominates a Third Party to purchase the Buyout Shares, such Shareholder will remain jointly and severally liable for the performance by such Third Party of all obligations relating to the purchase of the Buyout Shares hereunder.
The stamp duties, registration fees or similar taxes and fees payable in respect of the transfer of the Buyout Shares will be equally shared by the Parties.
The sale of the Buyout Shares shall be made without any representations or warranties on the part of the seller(s) other than that the seller(s) is the lawful owner of the Buyout Shares and has the full right and power to transfer the Buyout Shares to the purchaser, free and clear of any claims, pledges, mortgages, liens, security interests or other encumbrances.
The Consultant may request that salaries of administrative or clerical staff be treated as direct costs for a Project requiring an extensive amount of administrative or clerical support and where these costs can be readily and specifically identified with the Project with a high degree of accuracy.
For the same reasons, this Court should find that the plaintiffs have met the requirements of Rule 23(a) and should certify a Rule 23(b)(2) class as requested herein.
If such Party nominates a third party to purchase the Buyout Shares, such Party shall remain jointly and severally liable for the performance by such third party of all obligations relating to the purchase of the Buyout Shares hereunder.
As indicated above, if as of any Adjustment Date the Average Market Price is below $2.25 (as such number shall be appropriately adjusted for any stock splits, recapitalizations or similar events), the Company may, in lieu of having the increase in the Specified Number include the number of Buyout Shares, elect to pay cash to the Holder in an amount equal to the Buyout Amount (B$).
The sale of the Buyout Shares will be made without any representations or warranties on the part of the seller(s) other than that the seller(s) is the lawful owner of the Buyout Shares and has the full right and power to transfer the Buyout Shares to the purchaser, free and clear of any pledge, mortgage, charge, lien, security interest, option, third-party right, interest or claim or other encumbrances of a nature similar to any of the foregoing.
The Company has the requisite corporate power and authority to enter into and perform this Agreement and to issue and sell the Purchased Shares, and to authorize or otherwise permit the sale of the Buyout Shares, in accordance with the terms hereof.
Within 14 days following service of the said notice of Purchaser’s intent to exercise the Buyout Option, the Company and the Shareholders shall tender the Buyout Shares to the Purchaser.