Examples of NAI Entities in a sentence
Lifting and handling instructions furnished by the manufacturer or supplier shall be strictly followed.
As such, until the second anniversary of the Closing Date, the NAI Entities hereby agree to give good faith consideration to any business combination transaction or other strategic alternative involving the Surviving Corporation that the Unaffiliated Directors determine may be in the best interests of the Surviving Corporation and its stockholders.
Korff, in their capacities as current and/or future directors of NAI and managers of NAIEH, hereby agree that entering into this Agreement is in the best interests of the NAI Entities.
Thus, the NAI Entities have acted (and can intend to act) regarding the CBS stock they own through their Boards (or Presidents).
The CBS Parties contend that because Mr. Redstone cannot be deposed due to his physical health, the NAI Entities should be precluded from offering any evidence regarding their intent with respect to their ownership of CBS stock.
At bottom, the Motion is nothing more than an improper attempt, through the guise of a discovery motion, to block the NAI Entities from offering testimony about their actions and intent regarding the CBS stock those entities own.
Putting aside that the motion in limine is entirely premature (as depositions have even yet to begin), there is no basis under Delaware law for the request to preclude the NAI Entities from introducing testimony as to their own intentions.