Examples of Initial Investor Group in a sentence
A list of all of the Investments and Subsidiaries of the Corporation have been disclosed to the Initial Investor Group in the Disclosure Letter.
Target and the Initial Investor Group each agree to take all reasonable steps within their power to facilitate the resignation of the Old Board and Old Executives and the appointment of the New Board and New Executives, as applicable.
Target shall immediately cease and cause to be terminated all discussions, solicitations, initiations, encouragements and negotiations, if any, with any parties (other than the Initial Investor Group or its affiliates) by Target or its officers, directors, employees, financial advisors, legal counsel, representatives or agents (“Representatives”) with respect to any actual or potential Acquisition Proposal.
Target shall immediately advise the Initial Investor Group orally and in writing of any response or action (actual, anticipated, contemplated or threatened) by any recipient of such letter which could hinder, prevent or delay or otherwise adversely affect the completion of the transactions contemplated herein.
The foregoing conditions are for the mutual benefit of the Initial Investor Group, on the one hand, and Target, on the other hand, and may be asserted by either of the Initial Investor Group or Target regardless of the circumstances and may be waived by the Initial Investor Group or Target (with respect to itself) in their sole discretion, in whole or in part, at any time and from time to time without prejudice to any other rights which such Party may have, subject to Section 7.1.