Examples of Reorganization Agreements in a sentence
All of the conditions to the obligations of the other members of the Xxxxxxxx Group to effect the Other Reorganization Agreements shall have been fulfilled.
Should the transactions contemplated by this Agreement or the Other Reorganization Agreements fail to close for any reason other than a willful refusal by the Company or any other member of the Xxxxxxxx Group to complete this Agreement or any other Reorganization Agreement, it is acknowledged that the Company and the Shareholders would suffer damages; however, the precise amount of such damages would be difficult to establish.
We further assume that the Transactions will be carried out in accordance with the Reorganization Agreements.
To the extent of those break-up fees, Lithia has knowingly accepted the risk of the nonfulfillment of the conditions to its obligations and the obligations of the Company and the Shareholders in the circumstances described in Sections 15.5.2 and 15.5.3 in order to induce the Company and the other members of the Xxxxxxxx Group to enter into this Agreement and the Other Reorganization Agreements and risk the adverse effect on their market values that will occur if those agreements are not completed.
If any of the section in this Reorganization Agreement is, for any reason, declared void in a final court ruling, this shall not affect the surviving terms and conditions of this Reorganization Agreement, which shall remain binding on the Parties and third parties, to the extent that, given this Reorganization Agreement's substance and purpose, such remainder is not inextricably related to the void provision.