Examples of Merger Transaction Agreement in a sentence
Without the consent of Lender, Communications becomes a party to any Merger Transaction Agreement, which does not contemplate the payment to Borrower of sufficient cash to repay the Obligation in full other than a merger with American Cellular Corporation as long as Communications is the surviving entity.
The execution and delivery of a Buyer Satisfaction Certificate or Seller Satisfaction Certificate is not intended to affect any party’s rights under any Merger Transaction Agreement, CBNA Transaction Agreement or Transaction Agreement after the Closing, including any right to claim that a breach of any representation, warranty or covenant in this Agreement has occurred at any time prior to the Closing.
Without the prior written consent of the Buyer, the Seller shall not (i) amend, modify or waive any provision of the Related Transaction Documents in a manner that would reasonably be expected to materially adversely affect Buyer’s rights or obligations or materially delay the Closing Date or (ii) terminate the Merger Transaction Agreement pursuant to Section 8.1(a) or the CBNA Transaction Agreement pursuant to Section 8.1(a) by the mutual written agreement of the Seller and the applicable counterparty.
Seller has delivered to Buyer Parent true, correct and complete copies of each of the CBNA Transaction Agreement, the Merger Transaction Agreement and any Related Transaction Documents in effect as of the date hereof, and all exhibits and disclosure schedules related to the foregoing.
The total market value of Consideration shares(365,493,280) Saudi riyals, based on the closing price of (17.90) Saudi riyals per share of Walaa Insurance Company on 22/07/1443H Correspondingto 23/02/2022G, which is the last day preceding the date of signing the Merger Transaction Agreement signed on 23/07/1443H Corresponding to 24/02/2022G.
For more details on these terms and conditions of the Merger Transaction Agreement, please refer to Section (8.1) of this Circular.
During the two years preceding the start of the offer period, with the exception of the Merger Transaction Agreement signed with Walaa Insurance Company, SABB TAKAFUL did not enter into any material contracts (other than the Merger Transaction Agreement), far from the ordinary course of business, amounting to 10% or more of SABB TAKAFUL revenue in accordance with its financial statements for the ended financial year On December 31, 2021G.