Predecessor Corporation definition
Examples of Predecessor Corporation in a sentence
The Company succeeded to all of the material rights, privileges, powers and franchises, and is subject to all of the material restrictions, disabilities and duties of the Predecessor Corporation.
For this purpose, “years of service” means service as an Employee of the Company or of the Predecessor Corporation.
All payroll withholdings required to be made by of the Company, its subsidiaries, the Predecessor LLC and the Predecessor Corporation with respect to employees have been made, except those withholdings that, individually or in the aggregate, could not be reasonably expected to result in a Material Adverse Effect.
No consent, approval, authorization or order of, or filing or registration with, any court or governmental agency or body having jurisdiction over the Predecessor Corporation, the Company or any of their respective subsidiaries or any of their properties or assets was required for the consummation of the Reincorporation, except as were obtained or made as required.
The merger of ▇▇▇▇▇▇▇▇▇▇.▇▇▇, Inc., an Oklahoma corporation (the “Predecessor Corporation”), with and into the Company (the “Reincorporation”), was duly authorized by all necessary action of the shareholders of the Predecessor Corporation, the Predecessor Corporation, the stockholders of the Company, and the Company.