Examples of Membership Interest Purchase Agreement in a sentence
The business acquisition was conducted by entering into a Membership Interest Purchase Agreement for a cash consideration of $37 million and a contingent consideration of up to $20 million.
On March 20, 2017, the Company closed the Membership Interest Purchase Agreement with AIM (the “Membership Agreement”) whereby the Company acquired 100% legal and beneficial interests in mineral properties located in Nevada, Idaho and Utah (USA) for a total cash purchase price of $2 million in cash and honouring pre-existing NSRs. Certain of the mineral properties are subject to royalties.
The business acquisition was conducted by entering into Membership Interest Purchase Agreement for a cash consideration of 173 crore and a contingent consideration of upto 93 crore.
By accepting this ------------------------------------- Note, the Payee and any other Noteholder each acknowledges, represents and warrants that the representations and warranties set forth in Section 2.21 of that certain Membership Interest Purchase Agreement among the Company, Greenwich Industrial Services LLC, a Connecticut limited liability company ("GIC"), Payee and each of the other members of GIC are true and correct as of the date of this Note.
No Party may obtain duplicative indemnification or other recovery for Losses and recoveries under one or more provisions of this Agreement, the Stock Purchase Agreement, and the Membership Interest Purchase Agreement, the Sublicense Agreement or any other agreement ancillary thereto.