Examples of GF Group in a sentence
For the avoidance of doubt, the Pro Rata Percentage is to be reduced only by voluntary sales of Securities by GF Canco (or other members of the GF Group) or as a result of GF Canco failing to exercise its Pre-Emptive Right when available to be exercised in respect of any Equity Financing.
Upon acceptance of a GF Canco Securities Offer to subscribe for any Offered Securities by delivery of a GF Canco Acceptance to Asanko, GF Canco or another member of the GF Group will purchase the number of Offered Securities set out in the GF Canco Acceptance at the subscription price for such Offered Securities as set out in the GF Canco Securities Offer concurrently with the closing of the Equity Financing.
Nothing in this Article 2 shall obligate GF Canco or any other member of the GF Group to purchase, or obligate Asanko to sell, any Offered Securities in respect of which the Pre-Emptive Right is exercised if the Equity Financing does not close.
GF Canco may assign its Pre-Emptive Right under this Article 2 to any other GF Group members by written notice to Asanko; provided however, that each such GF Group member delivers, in a form acceptable to Asanko, acting reasonably, a legal, valid, and enforceable document whereby such GF Group member agrees to be bound by, and to comply with, the terms of this Agreement governing the Pre-Emptive Right.
However, if the incoming GF Group member ceases to be a member of the GF Group, such former GF Group member must assign its rights and obligations under this Agreement back to GF Canco, at no cost to Asanko.
The GF Group will provide Aquantia with early access to and support for GF’s [*] PDKs and related technology in line with best customer practice.
The Pre-Emptive Right and Top-Up Right will terminate and this Article 2 will be of no further force or effect on the earlier of (i) termination of this Agreement in accordance with Section 7.1, (ii) the Pro Rata Percentage of the GF Group ceasing to be at least [number to be inserted that is the Closing Ownership Interest less 5%]% at any time, and (iii) the fifth anniversary of the date of this Agreement.
Many key 336 See DHS Office of Immigration Statistics, “2008 Yearbook of Immi gration Statistics,” Table 6, http://www.dhs.gov/xlibrary/assets/statistics/ yearbook/2008/table06d.xls (accessed June 8, 2009) and DHS Office of Immigration Statistics, “2004 Yearbook of Immigration Statistics,” Table 4, http://www.dhs.gov/xlibrary/assets/statistics/yearbook/2004/table4.
Upon receipt of the Top-Up Notice, if the Dilution Trigger has been met, GF Canco may at its sole discretion exercise the Top-Up Right by giving notice to Xxxxxxx within ten (10) Business Days that it will subscribe for up to such number of Common Shares as will enable the GF Group to increase its holdings in Common Shares to the Pro Rata Percentage it had prior to the Excluded Issuances.
At restructuring and with the support of the Bank’s team, the PCU for these components was able to put procedures in place and to take appropriate corrective measures to overcome some of its shortcomings.