Parent Common Shares definition
Examples of Parent Common Shares in a sentence
Any purported transfer to such Transferee Entity in violation of this Section 6.7 shall be null and void, ab initio, and Parent shall not recognize any such transfer or accord to any purported Transferee Entity any rights as a holder of Parent Common Shares delivered to the applicable Seller as Aggregate Stock Closing Consideration Shares pursuant to the terms and conditions of this Agreement.
Parent has a sufficient number of Parent Common Shares authorized for issuing the Aggregate Stock Closing Consideration Shares and the Indemnity Escrow Shares.
Such Seller is acquiring the Parent Common Shares for its own account, for investment purposes only and not with a view to the distribution of such Parent Common Shares.
The Parent Common Shares are listed on the New York Stock Exchange (the “NYSE”), and Parent has not received any notice of delisting from the NYSE.
Parent hereby agrees to comply with the agreements, covenants and obligations set forth on ANNEX A with respect to each Seller; provided, that for purposes of this Section 6.11 and ANNEX A, “Seller” shall be deemed to include each Transferee Entity that holds Parent Common Shares issued to a Seller as Aggregate Stock Closing Consideration Shares.