Examples of First SPA in a sentence
Each party agrees that all legal proceedings concerning the interpretations, enforcement and defense of the transactions contemplated by this Agreement and the First SPA Amendment (whether brought against a party hereto or its respective affiliates, directors, officers, shareholders, partners, members, employees or agents) shall be commenced exclusively in the state and federal courts sitting in the City of New York.
On 10 July 2023, on behalf of the Board, HLIB announced that CICC had on the same day, entered into the Supplemental SPA with the Guarantors to supplement the terms of the First SPA, the PGA and SPA in respect of the Proposed Acquisition.
On 12 July 2023, on behalf of the Board, HLIB announced and clarified that the Supplemental SPA to supplement the terms of the First SPA, the PGA and the SPA in respect of the Proposed Acquisition together with the SPA will subject to the approval from the shareholders at an EGM to be convened as part of the Proposed Acquisition.
The maximum aggregate liability of the Seller for all claims under the Wider Transaction Documents (including this Agreement) shall be determined in accordance with clause 10.4 of the First SPA in respect of the relevant type of claim (including Claims and Tax Claims).
If the transactions contemplated by the Purchase Agreements have not been consummated on or prior to June 24, 2022, this First SPA Amendment shall terminate and be void ab initio.
Closing shall take place immediately following the signing of this Agreement at the offices of the Seller’s Lawyers, provided that the First SPA, Second SPA and the Luxembourg Put Option have not been terminated in accordance with their respective terms.
This First SPA Amendment amends that certain Securities Purchase Agreement by and among the Company and the purchasers party thereto (including the Purchasers), dated April 29, 2021 (the “SPA”).
The aggregate value of the consideration paid for the First SPA and Second SPA amounting to $4,870,000.
CONCLUSION AND RECOMMENDATION Premised on the foregoing and our evaluation of the Proposed Acquisition and the material variation to the First SPA and PGA, DWA Advisory is of the opinion that the terms of the Proposed Acquisition and the material variation to the First SPA and PGA are FAIR AND REASONABLE and are NOT DETRIMENTAL to the interest of the non-interested shareholders of CGB.
On 17 January 2022, the company announced the second completion of the First SPA and the completion of the Second SPA.