Minority SPA definition

Minority SPA means the minority share purchase agreement in the agreed form of the same date as this Agreement to be entered into between the Buyer and the Minority Sellers;
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Minority SPA means the agreement, in the Agreed Form, for the sale and purchase of the Minority Shares to be entered into between the Minority Sellers and the Purchaser; "Non-Service Providers” ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇’▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇; “Option Plans” means the Silixa Ltd 2010 Enterprise Management Incentive Plan and the Silixa Ltd 2020 Enterprise Management Incentive Plan, in each case, as amended from time to time; “Options” means EMI Options and Unapproved Options, or each of them as the case may be; “Ordinary Shares” means the ordinary shares of £0.01 each in the capital of the Target having such rights as set out in the Articles; “Party’s Group” means, in the case of a Party, it and its group undertakings at any relevant time; "PAYE" has the meaning given in Part A of Schedule 5;
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Minority SPA means the sale and purchase agreement proposed to be entered into between the
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Examples of Minority SPA in a sentence

  • It shall be assumed that no member of the Group shall incur any liability to account for income tax and/or employees NIC under the PAYE system and/or to account for employers NICs as a result of or in connection with the sale and purchase of the MEM Holdings Shares pursuant to the Minority SPA.

  • The Seller shall be liable for and shall, immediately after Completion, pay any stamp duty payable in respect of the acquisition of MEM Holdings Shares pursuant to the Minority SPA.

  • Agreement, under the Minority SPA and under the Articles and the Drag Notice is completed simultaneously.

  • Pursuant to the Purchase Agreement and that certain Minority SPA (as defined in the Purchase Agreement), the Company and the Sellers intend to effect the purchase and sale of substantially all of the shares of the Target (the “Acquisition”).

  • Where this paragraph applies, paragraph 7.1 shall apply (subject to the amendments expressly stated therein regarding paragraph 7.2) and the Purchaser shall procure that the Company shall take all reasonable steps to collect such income tax and employee national insurance contributions from the relevant Vendors pursuant to the terms of Schedule 5 of the relevant Minority SPA or otherwise.


More Definitions of Minority SPA

Minority SPA means the sale and purchase agreement, in the Agreed Form, dealing
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