Securicor Agreement definition
Examples of Securicor Agreement in a sentence
CGW shall have exchanged the Securicor Notes for shares of Series A Preferred Stock in the Surviving Corporation, unless the failure to exchange was the result of a failure by CGW or the Purchaser to perform any covenant or agreement required to be performed in the Securicor Agreement.
The Agreement dated March 28, 2003, by and among CGW and Securicor (the “Securicor Agreement”), pursuant to which CGW has agreed to purchase from Securicor all of its rights, title and interest in certain obligations of the Company to Securicor (the “Securicor Notes”), shall be in full force and effect and shall not have been terminated by Securicor, unless any such termination was the result of a failure by CGW or the Purchaser to perform any covenant or agreement in the Securicor Agreement.
Notwithstanding anything herein to the contrary, if Parent has not obtained consent to the assignment of the Securicor Agreement to TRM Canada within fifteen (15) days after the date of this Agreement, then the Parent shall terminate, or cause EFC to terminate, the Securicor Agreement effective as of the Closing Date.
If a Price Adjustment Event has not occurred within Six (6) months and one (1) day following the termination of the Securicor Agreement in accordance within its terms, this Escrow Agreement shall terminate with respect to all of the Escrow Fund (a "Full Termination").
The Special Committee of the Board of Directors of Intek has, by unanimous vote, determined that the transaction contemplated by this Agreement and the Securicor Agreement is advisable and in the best interests of Intek and its stockholders, and approved this Agreement and the Securicor Agreement and the transactions contemplated hereby and by the Securicor Agreement.
Intek shall duly call, give notice of, convene and hold the Intek Stockholders' Meeting, for the purpose of approving, among other matters, the transactions contemplated under the Securicor Agreement.
The Parties acknowledge and agree that this will be the final reconciliation of any vault cash outstanding under the Securicor Agreement.
The transactions contemplated in the Securicor Agreement and the Original Agreement were originally scheduled to close simultaneously.
The Option shall be exercisable by MIC or its assigns during the period commencing upon Intek's written notice to MIC and Xxxxxxxx that the Securicor Agreement has been terminated and continuing through the Option Exercise Date.
From and after the execution and delivery of this Agreement, Intek will not amend, modify, supplement, waive any rights or remedies under or grant any consent under the Securicor Agreement (including any schedule and exhibit thereto), or agree to do any of the foregoing, without the prior written consent of Simmxxxx (xxich consent shall not be unreasonably withheld).