Selling definition
Examples of Selling in a sentence
The Share Escrow Agent shall cooperate with any action that the Company and/or the Promoter Selling Shareholder, as the case may be, may request to maintain the confidentiality of such information as permitted under Applicable Law.
Selling or disposing of, or granting a right to acquire, an asset of the Company other than in the Ordinary Course of Business except Transfer of the Identified Assets by the Company to the Sellers or their nominees.
All instructions issued by the Company, the Promoter Selling Shareholder and the Share Escrow Agent shall be valid instructions if signed by one representative of each of the Company, the Promoter Selling Shareholder and the Share Escrow Agent, as the case may be, the name and specimen signatures of whom are annexed hereto as Schedule F.
The Share Escrow Agent shall confirm credit of all of the Offered Shares from the Promoter Selling Shareholder’s Demat Account to the Escrow Demat Account in the form set forth in Schedule B immediately upon credit of the Offered Shares to the Escrow Demat Account and shall keep the Company and Book Running Lead Manager copied on the same.
The Share Escrow Agent xxxxxx agrees and undertakes to hold the Offered Shares credited to the Escrow Demat Account in escrow for and on behalf of and in trust for the Promoter Selling Shareholder in accordance with the terms of this Agreement and shall, on behalf of the Promoter Selling Shareholder, instruct the Depositories not to, recognize any Transfer which is not in accordance with the terms of this Agreement.