Examples of Parent Stock Option Agreement in a sentence
The Parent Stock Option Agreement has been duly executed and delivered by the Parent and (assuming due authorization, execution and delivery thereof by the other party thereto) constitutes a legal, valid and binding obligation of the Parent enforceable against the Parent in accordance with its terms, except as the same may be limited by legal principles of general applicability governing the application and availability of equitable remedies.
Upon Landlord's request, Tenant shall promptly execute and return to Landlord an accurate "Start-Up Letter" in which Tenant shall agree, among other things, to acceptance of the Premises (subject to latent defects) and to the determination of the Term Commencement Date, in accordance with the terms of this Lease, but Tenant's failure or refusal to do so shall not negate Tenant's acceptance of the Premises or affect determination of the Term Commencement Date.
Each of Parent and Merger Sub has full corporate power and authority to execute and deliver this Agreement and, in the case of Parent, the Parent Stock Option Agreements, to perform its obligations hereunder and thereunder and (in the case of this Agreement and the Parent Stock Option Agreement subject to obtaining the Parent Shareholder Approval) to consummate the transactions contemplated hereby and thereby.
The Company has full corporate power and authority to execute and deliver this Agreement and the Company Stock Option Agreement, to perform its obligations hereunder and thereunder and, in the case of this Agreement and the Parent Stock Option Agreement, subject to obtaining the Company Shareholder Approval, to consummate the transactions contemplated hereby and thereby.
Parent shall take all action necessary and advisable to secure the vote of shareholders required by applicable law and Parent's Articles of Association to obtain the approval for the transactions contemplated by this Agreement, including the Merger, the Parent Stock Option Agreement, the matters referred to in Section 5.17 and the issuance of Parent Ordinary Shares and Options exercisable for or other rights to acquire Parent Ordinary Shares.
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Upon receipt b y Parent of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Parent Stock Option Agreement, and (in the case of loss, theft or destruction) of reasonably satisfactory indemnification, and upon surrender and cancellation of this Parent Stock Option Agreement, if mutilated, Parent will execute and deliver a new Parent Stock Option Agreement of like tenor and date.
The parties hereto agree that irreparable harm would occur in the event that any of the provisions of this Parent Stock Option Agreement were not performed in accordance with their specified terms or were otherwise breached.
As a condition and inducement to entering into the Merger Agreement, the Company and Parent are entering into certain stock option agreements dated as of the date hereof (of which this Parent Stock Option Agreement is one) pursuant to which the parties grant each other an option with respect to certain shares of each other's common stock on the terms and subject to the conditions set forth therein (referred to collectively as the "Cross Stock Option Agreements").
This Parent Stock Option Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same agreement and each of which shall only become effective when one or more counterparts have been signed by each party and delivered to the other party.