Examples of Purchaser Companies in a sentence
At any such meeting of the Company all of the Shares then owned by the Purchaser Companies will be voted in favor of this Agreement.
The Purchaser Companies will vote all Shares over which they exercise voting control in favor of this Agreement and the Merger.
The Assets of the Purchaser Companies include all assets required to operate the businesses of the Purchaser Companies as presently conducted.
The policies of fire, theft, liability and other insurance maintained with respect to the Assets or businesses of the Purchaser Companies provide adequate coverage under current industry practices against loss or Liability, and the fidelity and blanket bonds in effect as to which any of the Purchaser Companies is a named insured are reasonably sufficient.
Promptly after the Effective Time, the Surviving Corporation shall cause to be mailed to each person who was, at the Effective Time, a holder of record (other than any of the Purchaser Companies) of Shares a form (mutually agreed to by Purchaser and the Company) of letter of transmittal and instructions for use in effecting the surrender of the certificates which, immediately prior to the Effective Time, represented any of such Shares in exchange for payment therefor.
Following the Effective Time, Purchaser shall provide generally to officers and employees of the Target Companies, who at or after the Effective Time become employees of a Purchaser Company (collectively, “New Purchaser Employees”), benefits under the employee benefit plans of Purchaser on terms and conditions which, when taken as a whole, are substantially similar to those currently provided by the Purchaser Companies to their similarly situated officers and employees.
All Material tangible properties used in the businesses of the Purchaser Companies are in good condition, reasonable wear and tear excepted, and are usable in the ordinary course of business consistent with Purchaser’s past practices.
Until surrendered in accordance with the provisions of this Section 2.2, each Certificate (other than Certificates representing Shares owned by the Purchaser Companies, Shares owned by the Company or any direct or indirect wholly owned subsidiary of the Company or Dissenting Shares) shall solely represent, for all purposes, the right to receive the Merger Consideration in cash multiplied by the number of Shares evidenced by such Certificate, without any interest thereon.
At the Effective Time, each Share issued and outstanding at the Effective Time and owned by any of the Purchaser Companies or held in the Company's treasury or owned by the Company or any direct or indirect subsidiary of the Company shall, by virtue of the merger and without any action on the part of the holder thereof, cease to be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Except as Previously Disclosed or as disclosed or reserved against in the Purchaser Financial Statements, the Purchaser Companies have good and marketable title, free and clear of all Liens, to all of their respective Assets.