Examples of Consideration Securities in a sentence
The Parties hereby agree, that to the extent so required under the relevant Israeli Income Tax Ruling, the Valdy Consideration Securities distributable hereunder shall be deposited with a paying agent, who shall act as a paying or escrow agent, subject to the terms of the Israeli Income Tax Ruling and a customary paying agent agreement shall be executed prior to the Closing Time by the Parties.
When issued, the Valdy Consideration Securities to be issued to the INX Securityholders will be duly and validly issued by Valdy as fully paid and non-assessable securities and will not be issued in violation of the terms of any agreement or other understanding binding upon Valdy at the time that such securities are issued and will be issued in compliance with the constating documents of Valdy and all applicable Laws.
Notwithstanding any other provision of this Agreement, no fractional Consideration Securities will be issued in the Transaction.
TMK has obtained ASX confirmation that Chapter 11 of the ASX Listing Rules does not apply to the Gurvantes Transaction.TMK will seek shareholder approval pursuant to Listing Rule 7.1 to issue the TMK Consideration Securities to Talon, subject to and in accordance with the Gurvantes Transaction Agreement.
The Selling Stockholder is acquiring the Consideration Securities for the Selling Stockholder's own account for investment and not with a view to the sale or distribution thereof or the granting of any participation therein, and has no present intention of distributing or selling to others any of such interest or granting any participation therein.