Examples of Sale Equity in a sentence
Except for the matters under Clause 3.2.1 (vii) hereof, all actions on the part of the Seller necessary for the authorization, execution and delivery of and the performance of all of the Seller’s obligations under this Agreement, and for the authorization, issuance and delivery of the Sale Equity, have been taken or will be taken prior to the Closing.
There is no Encumbrance, nominee shareholding arrangement or co-ownership arrangement over or affecting the Sale Equity, no agreement or commitment to give and create any such Encumbrance, nominee shareholding arrangement or co- ownership arrangement, and no restriction on transfer (other than any restriction on transfer under the Constitutional Documents).
The AKR is the sole legal and beneficial owner of the Sale Equity held by it (other than such 5.36% Equity Interest in Guangxi Guigang AKR Container Port Co., Ltd.