Seller Owners definition
Examples of Seller Owners in a sentence
Each of the Seller and each of the Seller Owners acknowledges that information regarding XTI is publicly available via the Securities and Exchange Commission’s website (▇▇▇.▇▇▇.▇▇▇) and has reviewed such information in connection with making its investment decision to acquire the Buyer Interests, including the right to exchange them for XTI common stock pursuant to the terms set forth in the Company Agreement of the Buyer.
Since the Buyer Interests will be exchangeable under the terms of the Company Agreement of the Buyer into shares of common stock of XTI, par value $0.001 per share, the Seller and each of the Seller Owners has reviewed and is sufficiently aware of XTI’s business affairs and financial condition to reach an informed and knowledgeable decision to receive the Buyer Interests with the exchange rights set forth in the Company Agreement of the Buyer.