Subsequent Transactions definition

Subsequent Transactions means the transactions to be effected sequentially forthwith after the Effective Time to: (i) issue additional common shares of WesternZagros to Western for cash subscription proceeds of $81,533,877; (ii) transfer all of the issued and outstanding shares of WesternZagros to SpinCo in consideration for the issuance by SpinCo of redeemable preferred shares in the capital of SpinCo; (iii) cause the redemption or purchase for cancellation of such SpinCo redeemable preferred shares in consideration for the issuance of a demand non-interest bearing promissory note of SpinCo; (iv) cause the redemption or purchase for cancellation of the Class B Shares in consideration of the cancellation of such SpinCo promissory note; and (v) cause the redemption or purchase for cancellation of the Class C Shares in consideration of the payment by Western to SpinCo of $1,000,000.
Subsequent Transactions means subsequent transactions by and among the Bidcos and the Guarantor relating to the contemplated adjustment of those shareholding percentage in the Target after the Acquisition.
Subsequent Transactions means the transactions to be effected sequentially forthwith after the Effective Time pursuant to which: (i) WesternZagros will issue additional common shares in its capital to Western for cash subscription proceeds of Cdn$81,533,877; (ii) all of the issued and outstanding shares of WesternZagros will be transferred to SpinCo in consideration for the issuance by SpinCo of redeemable preferred shares in the capital of SpinCo; (iii) the SpinCo redeemable preferred shares will be redeemed or purchased for cancellation in consideration for the issuance of a demand non-interest bearing promissory note of SpinCo; (iv) the Class B Shares held by SpinCo at that time will be redeemed or purchased for cancellation in consideration of the cancellation of such SpinCo promissory note; and (v) the Class C Shares held by SpinCo at that time will be redeemed or purchased for cancellation in consideration of the payment by Western to SpinCo of Cdn$1,000,000;

Examples of Subsequent Transactions in a sentence

  • No transfer of property is being made and no obligation is being incurred in connection with the transactions contemplated by this Agreement or the Subsequent Transactions with the intent to hinder, delay or defraud any present or future creditors of the Surviving Corporation and the Subsidiaries.

  • The provision of due diligence and other information regarding the Company to counterparties to Subsequent Transactions shall be subject to the confidentiality requirements of Section 5.2(b) above.

  • Purchaser shall furnish or cause to be furnished to the Company's Board copies of any solvency opinions or similar materials obtained from third parties in connection with the financing of the transactions contemplated by this Agreement and the Subsequent Transactions, to the extent contractually permitted by the issuer of such opinion.

  • Further, while Purchaser may file and pursue applications for consents and approvals with Governmental Authorities, including with respect to Licenses, in connection with Subsequent Transactions, Purchaser will not take any such actions that could impair, or result in any change of ownership status prior to the Effective Time with respect to any Licenses held by the Company or its Subsidiaries.

  • Crow as tenants by the entirety.2. The Tenancy by the Entirety Status of the Account was Not Severed by Subsequent Transactions.


More Definitions of Subsequent Transactions

Subsequent Transactions. 7.3(b) "Subsidiary" 3.1 "Superior Proposal"
Subsequent Transactions. For every subsequent transaction the formula shall be triggered only by issuance of Colmena common stock, as adjusted for any stock splits or stock dividends, at a price below the immediately preceding lowest net tangible book value paid for Colmena common stock issued subsequent to this Agreement (the "Subsequent Trigger Price"); and the formula shall be modified as follows: the Base Shares shall be increased by the aggregate of Adjustment Shares theretofore issued to the TFST; the Adjustment Numerator shall be the immediately preceding Trigger Price and the Adjustment Denominator shall be the Subsequent Trigger Price.
Subsequent Transactions means, collectively, (i) the incurrence of the revolving loans drawn down on the Final Takedown Closing Date under the Senior Credit Facility, (ii) the incurrence of the Final Bridge Loan hereunder on the Final Takedown Closing Date, (iii) the consummation of the Merger, (iv) the Acquisition, (v) any other transaction on the Final Takedown Closing Date contemplated in relation to the foregoing and (vi) the payment of fees and expenses in connection with the foregoing.
Subsequent Transactions means each of the IPO, the TPG-MD Conversion, the TPG Stock Sale and the Incremental Term Loans. “Subsidiary” means, with respect to any Person, any corporation, partnership, limited liability company, association, joint venture or other
Subsequent Transactions means the Third Party Sale, the Merger, the SPS Transactions and the Managing Agency Acquisition.
Subsequent Transactions means the transactions contemplated by this Agreement.
Subsequent Transactions. Section 6.16.2