Examples of Share Swap in a sentence
In the case of any such payment payable to employees of the Company in connection with the Share Swap treated as compensation, the Parties shall cooperate to pay such amounts through the Company’s or the relevant Subsidiary’s payroll to facilitate applicable withholding.
Upon formation, the Exchange Sub will have sufficient number of shares authorized to carry out its obligations pursuant to the Share Swap Agreement (the “Exchange Sub Share”).
Each Company Shareholder irrevocably and unconditionally (i) waives any rights of appraisal, dissenter’s rights and any similar rights relating to the Share Swap, that such Company Shareholder may have under applicable law and (ii) waives its or its successor entity’s right to certain payments upon liquidation or deemed liquidation of the Company or other entity of which the Stockholder Shares represents ownership interests pursuant to the Company’s or such other entity’s organizational documents.
The Company Shareholder Approval is the only vote of the holders of Company Common Shares necessary to adopt this Agreement and the other Transaction Agreements and approve the Transactions (including the SPAC Merger and the Share Swap).
SPAC has the requisite power and authority to: (a) execute, deliver and perform this Agreement and the other Transaction Agreements to which it is a party; and (b) carry out its obligations under this Agreement and the other Transaction Agreements and to consummate the Transactions (including the SPAC Merger and the Share Swap) contemplated hereby and thereby.