Examples of Share Disposal in a sentence
Notwithstanding the aforesaid, Sections 7 - 10 (Competition Restriction Clause, Buy Back Option in normal Partner Exit Situation and Share Disposal Restrictions, Abnormal Exit Situations, and Rules Governing Share Disposal) and Sections 18 (Disputes And Governing Law) will be binding, to the extent applicable, upon the Party even if the Party has ceased to be a Party to this Agreement.
The Purchaser has informed the Vendor that additional time is needed to fulfill his responsibility under the Share Disposal Agreement.
On 8 May 2018, the Vendor and the Purchaser entered into the second supplemental agreement (the “Second Supplemental Agreement”) to the Share Disposal Agreement to amend certain terms of the Share Disposal Agreement, pursuant to which the Final Completion Date shall be extended from 8 May 2018 to 26 June 2018 (or such other date as agreed by the Vendor and the Purchaser in writing).
Save and except for the aforementioned amendments in the Second Supplemental Agreement, all other terms and conditions of the Share Disposal Agreement (as amended by the Supplemental Agreement) shall remain unchanged and continue to be in full force and effect.
PBTA will cease to be a subsidiary of the Company following Completion of the Share Disposal.
Completion of the Share Disposal (the “Completion”) is conditional upon the approval from the Federal Treasurer of Australia being obtained under the Australian Government’s foreign investment policy or under the Foreign Acquisitions and Takeovers Act 1975 (Cth) to the Share Disposal and a number of consents from counterparties of certain existing contracts.
Completion of the Vessels Disposal is conditional on completion of the Share Disposal.
The Proposed Share Transfer, which forms part of the Proposed Joint Venture, entails the disposal by DRJ, of the Sale Shares at the Share Disposal Consideration to be settled fully via cash in accordance with the SSA, resulting in CGM and DRJ holding 70% and 30% equity interests in DAC Properties, respectively.
Rules Governing Share Disposal If any of the Partners, (the “Selling Partner”), negotiates with a third party/Partners (“the Buying Parties”) on the transfer of its shares, the Selling Partner undertakes to promptly notify the other Partners in writing (“Tag-Along Notice”) about such intent.