Indirect Interests definition
Examples of Indirect Interests in a sentence
In the case of any direct and/or indirect owner of any Member that is a publicly traded corporation (including, without limitation, any shareholder of Tejon Ranch Co., a Delaware corporation), to any Person; (c) Transfers of Direct or Indirect Interests in Majestic.
Each Subsidiary that owns Indirect Interests is the owner of such Indirect Interests, free and clear of any Encumbrances of any nature whatsoever (except for any such Encumbrances being released prior to or effective upon the Closing).
No broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with the transfer of the Interests (or the transfer of control of any of the Indirect Interests or Transferred Assets as a result thereof) pursuant to this Agreement based upon arrangements made by or on behalf of ResCap or any of its Affiliates with respect to which NewCo has any obligation or liability.
There are no options, subscriptions, warrants, calls, preemptive rights, rights of first refusal or other rights, commitments or arrangements, written or oral, outstanding with respect to (i) the Cedar Partnership Interests, other than as specifically set forth in the limited partnership agreement of the Partnership, or (ii) the Indirect Interests, other than the Columbus Crossing Preferred Interests.
The Shares and the Indirect Interests constitute all of the issued and outstanding capital stock of the Acquired Subsidiaries (except the JVs) and are owned of record and beneficially by the Seller or its Acquired Subsidiaries free and clear of all Encumbrances (except the Vendor Liens).
In the event any direct or indirect owner of any Stockholder makes a Transfer of Indirect Interests in violation of this Agreement, the corresponding Stockholder will be in material breach of this Agreement.
In the case of any direct and/or indirect owner of any Member that is a publicly traded corporation (including, without limitation, any shareholder of Tejon Ranch Co., a Delaware corporation), to any Person; (c) Transfers of Direct or Indirect Interests in DP.
A proposed allocation of the Purchase Price among the Interests and Indirect Interests (an “Allocation”) shall be set forth on a schedule to be prepared by NewCo and delivered to ResCap within 90 days following the Closing Date.
Without the prior written approval of the Requisite Holders, no Stockholder shall, nor shall they permit their direct and indirect equity holders to, Transfer all or any portion of their Shares or Interests or Indirect Interests to any Person (or an Affiliate thereof) that engages in the business of providing online and mobile food ordering services.
If the Selling Interestholder fails to complete the Sale of such Section 5.3 Offered Interests or the Affiliate of the Selling Interestholder fails to complete the Sale of the Indirect Interests, as applicable, within such 60-day period (as extended for up to an additional 60 days for delays as provided above), the provisions of this Section 5.3 shall apply again to any proposed Sale of such interests to which this Section 5.3 applies.