Examples of IDR Sellers in a sentence
From and after the Closing Date, IDR Buyer will cause a payment to the IDR Sellers of any distributions received by IDR Holders with respect to the IDRs, when the record date for such distributions occurs prior to the Closing Date and the distribution is made on or after the Closing Date.
All other documents, certificates or instruments to be entered into or delivered by CST, IDR Buyer or their Affiliates at or prior to the Closing pursuant to this Agreement or as IDR Sellers or their counsel may reasonably request.
CST and IDR Buyer shall have performed in all material respects all agreements, obligations and covenants required under this Agreement to be performed by them on or before the Closing Date, and the IDR Sellers shall have received a certificate dated the Closing Date and signed by an executive officer of CST and IDR Buyer certifying to the matters set forth in this Section 5.3(d).
Other than this Agreement, there are no outstanding options, warrants or similar rights to purchase or acquire from the IDR Sellers or IDR Holders any of the IDRs. Other than the IDRs being indirectly conveyed to IDR Buyer pursuant to the terms of this Agreement, no other IDRs have been issued by the Partnership to any Person.
Such IDR Sellers are “accredited investors” as such term is defined in Regulation D under the Securities Act.
The IDR Sellers shall have delivered, or be standing ready to deliver, to CST and IDR Buyer the items specified in Section 1.2(a), in each case duly executed and dated as of the Closing Date.
They are responsible for completion of upgrade/ change activities as required.5Body/bodies which will award the qualification: Telecom Sector Skill Council6Body which will accredit providers to offer courses leading to the qualification: Telecom Sector Skill Council7Whether accreditation/affiliation norms are already in place or not, if applicable (if yes, attach a copy): Yes.
Such IDR Sellers understand that the CST Common Stock comprising the Equity Consideration will not have been registered pursuant to the Securities Act or any applicable state securities Laws, that such CST Common Stock shall be characterized as “restricted securities” under federal securities Laws and that under such Laws and applicable regulations such CST Common Stock cannot be sold or otherwise disposed of without registration under the Securities Act or an exemption therefrom.
Since the date hereof there shall not have occurred and be continuing a Buyer Material Adverse Effect and the IDR Sellers shall have received a certificate, dated as of the Closing Date, of an executive officer of CST and IDR Buyer certifying that to the Knowledge of CST no Buyer Material Adverse Effect has occurred and is continuing.
The IDR Sellers shall have performed in all material respects all agreements, obligations and covenants required under this Agreement to be performed by them on or before the Closing Date, and CST and IDR Buyer shall have received a certificate dated the Closing Date and signed by a trustee of each of the IDR Sellers certifying to the matters set forth in this Section 5.2(d).