Examples of Continuing Company in a sentence
A Shareholder may transfer or sell all or some of his/her New Shares on and from the first dealing day after the Effective Date by telephoning +44 (0)808 100 8808 in accordance with the terms of the Prospectus of the Continuing Company.
The students moved to have the case certified as a class action on behalf of similarly situated students GEAR UP was meant to serve.
At the Effective Time, the directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors and officers of the Continuing Company.
Where a PLL Shareholder (or PGPL or another representative acting on behalf of a PLL Shareholder)delivers to the Continuing Company (with a copy to the Escrow Agent), prior to the QRA Remittance Date, a Tax Clearance Certificate, Livent shall, within one Business Day thereafter, instruct the Escrow Agent to remit to such PLL Shareholder, within two Business Days, its proportionate portion of the QRA Withheld Shares held in the QRA Escrow Account based on its Proportionate Share.
Where a PLL Shareholder (or PGPL or another representative acting on behalf of a PLL Shareholder) delivers to the Continuing Company (with a copy to the Escrow Agent), prior to the CRA Remittance Date, a Tax Clearance Certificate, Livent shall, within one Business Days thereafter, instruct the Escrow Agent to remit to such PLL Shareholder, within two Business Days, its proportionate portion of the CRA Withheld Shares held in the CRA Escrow Account based on its Proportionate Share.
The amount of capital stock of the Continuing Company shall not be less than the capital stock of First Merchants immediately prior to the Effective Date increased by the amount of capital stock issued in accordance with Section 3 hereof.
Nothing in this Section 5.05 or elsewhere in this Agreement shall be construed to create a right in any Continuing Company Employee to employment with Parent or the Surviving Corporation.
The parties acknowledge and agree that:(i)In order for the Continuing Company to comply with its compliance obligations pursuant to section 116 of the ITA, on theClosing Date, Livent will issue a number of Consideration Livent Shares specified in Schedule A (the “ CRA Withheld Shares”) to the Escrow Agent, as nominee for the PLL Shareholders, in accordance with the terms of the Escrow Agreement.
Basic policy It is planned that ETIC and CIPS will collectively hold all the ordinary shares in a Continuing Company to be formed through a company separation (merger absorption) of Corona Industries using the Second Company method.
With regard to (5), ETIC will place management staff within the Continuing Company to help pursue steady and effective business revitalization.