Palm Beach II definition
Examples of Palm Beach II in a sentence
In addition, CIG shall grant to NBC Palm Beach II the NBCU Option I.
CIG shall be bound by all of the terms and conditions thereof in the same way as such terms obligate NBC Palm Beach II and NBCU, as the case may be.
As of the date hereof, (a) NBC Palm Beach I owns 60,607 shares of NBCU Series B Preferred, convertible into 303,035,000 shares of Class A Common Stock, and (b) NBC Palm Beach II owns the Call Right to purchase the Call Shares.
NBC Palm Beach II shall deliver the Warrants to PCC for cancellation and PCC shall take all actions necessary to cancel the Warrants.
On the terms and subject to the conditions set forth in this Agreement, effective as of the Assignment Date, CM shall assume and accept the assignment of (i) all of the rights and obligations of Palm Beach II under the Call Agreement and (ii) all of the rights and obligations of NBCU under the Escrow Agreement and the Noncompete Agreements, and in each case, agree to be bound by all of the terms and conditions thereof in the same way as such terms obligate the NBCU Entities.
The ▇▇▇▇▇▇ Stockholders and NBC Palm Beach II shall enter into a Call Agreement in the form attached hereto as Exhibit B (the “Call Agreement”).
On the terms and subject to the conditions set forth in this Agreement, effective as of the Assignment Date, (i) Palm Beach II shall assign all of its rights and obligations under the Call Agreement (including the Call Right), and (ii) NBCU shall assign all of its rights and obligations under the Escrow Agreement (including the right to the proceeds of the Escrow Deposit) and the Noncompete Agreements (including the payment obligations to the Company, Mr. Lowell W.
The Paxson Stockholders and NBC Palm Beach II shall enter into a Call Agre▇▇▇▇▇ in the form attached hereto as Exhibit B (the "Call Agreement").
NBC Universal hereby unconditionally and absolutely guarantees the timely payment and performance by Palm Beach II of all of its obligations under this Agreement.
On the terms and subject to the conditions set forth in this Agreement, effective as of the Assignment Date, (i) Palm Beach II shall assign all of its rights and obligations under the Call Agreement (including the Call Right), and (ii) NBCU shall assign all of its rights and obligations under the Escrow Agreement (including the right to the proceeds of the Escrow Deposit) and the Noncompete Agreements (including the payment obligations to the Company, ▇▇.