Disaffiliation Agreement definition

Disaffiliation Agreement means the Disaffiliation Agreement dated as of the date hereof by and among the Significant Stockholder, the Company, certain Subsidiaries of the Company and Parent.
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Examples of Disaffiliation Agreement in a sentence

  • This Disaffiliation Agreement must be “ratified by a simple majority of the members .

  • Should the Local Church fail to satisfy all of its obligations set forth herein by December 31, 2023, this Disaffiliation Agreement shall be null and void.

  • Headings of the articles and sections in this Disaffiliation Agreement are for reference purposes only and shall not be deemed to have any substantive effect.

  • This Disaffiliation Agreement has been duly and validly executed and delivered by Local Church, and constitutes, and each of the other agreements to be executed pursuant to the terms hereof and upon execution and delivery will constitute, legal, valid and binding obligations of the Local Church, enforceable in accordance with their terms.

  • Any provision of this Disaffiliation Agreement may be waived prior to the Closing if, and only if, such waiver is in writing and signed by an authorized representative of the Party against whom the waiver is to be effective.

  • Subject to the satisfaction or appropriate waiver of all conditions set forth in this Disaffiliation Agreement, the Closing of the transactions contemplated shall be effective as of the Disaffiliation Date.

  • This Disaffiliation Agreement may be amended only by a writing duly executed by the Parties hereto.

  • This Disaffiliation Agreement may be executed in one or more counterparts (and by facsimile or portable document format (pdf) transmission), each of which shall be deemed an original, but all of which together shall constitute one and the same document.

  • Any such assignment without the consent of the other party, whether by merger, operation of law, agreement or otherwise shall be void and a breach of this Disaffiliation Agreement.

  • Each Party to this Disaffiliation Agreement will execute and deliver, or cause to be executed and delivered, such additional or further transfers, assignments, endorsements or other instruments as the other Party or its counsel may reasonably request for the purpose of carrying out the transactions contemplated by this Disaffiliation Agreement.