Sun Merger Sub definition

Sun Merger Sub means Sun Merger Sub, Inc., a Delaware corporation and a wholly-owned Subsidiary of VPI.

Sun Merger Sub means Sun Merger Sub, Inc., a Delaware corporation and a wholly-owned Subsidiary of VPI. “Sun New Senior Notes” means unsecured debt securities issued after the Amendment No. 10 Effective Date of either the Borrower or an Acquisition Debt Escrow Issuer to finance a portion of the Sun Transactions; provided that if such debt securities are issued by an Acquisition Debt Escrow Issuer, the net proceeds thereof are deposited into an Acquisition Debt Escrow Account upon the issuance thereof. “Sun Refinancing” shall have the meaning given to such term in the definition of “Sun Transaction.” “Sun Transactions” means collectively, (a) the Sun Acquisition and other related transactions contemplated by the Sun Acquisition Agreement; (b) the incurrence of new Term Loans hereunder pursuant to a Joinder Agreement in accordance with Section 2.25 to be entered into after the Amendment No. 10 Effective Date; (c) the issuance of the Sun New Senior Notes; (d) the incurrence of the Sun Interim Loans, if any; (e) the refinancing, repayment, termination and discharge of (i) all outstanding loans and termination of commitments under any credit facility (other than under certain ordinary course local credit lines) to which Salix Pharmaceuticals, - 50 -

Examples of Sun Merger Sub in a sentence

• On June 1, 2019, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among the Company, Sun Jupiter Holdings LLC, a Delaware limited liability company ("Parent"), and Sun Merger Sub Inc., a Texas corporation and wholly owned subsidiary of Parent ("Merger Sub").

• None of Trident, Parent, Sun, Trident Merger Sub, Sun Merger Sub or the Exchange Agent shall be liable to any Person in respect of any portion of the Exchange Fund delivered to a public official pursuant to any applicable abandoned property, escheat or similar Law.

• None of Sun, Merger Sub or any of their respective “affiliates” or “associates” (as such term is defined in Section 203) is, and was not at any time within the three (3) year period preceding the date hereof, an “interested stockholder” of Ironman as such term is defined in Section 203.

• At the Sun Effective Time, the separate corporate existence of Sun Merger Sub shall cease and Sun shall continue as the surviving entity in the Sun Merger (the “Sun Surviving Corporation”) and shall (a) become a wholly owned subsidiary of Parent; (b) continue to be governed by the Laws of the State of Israel and (c) maintain a registered office in the State of Israel.

• Upon the occurrence of a Casualty, if there is no institutional mortgage, Landlord and Tenant shall jointly adjust the loss and the proceeds of the insurance shall be paid into a joint account in a financial institution acceptable to both of them.

• Each of Parent, Trident Merger Sub and Sun Merger Sub has been formed solely for the purpose of executing and delivering this Agreement and consummating the transactions contemplated hereby.

• Thus, it is important to identify the relationship among the factors by formulating the hypotheses between the observed factors.

• Sun Merger Sub, Inc., a Virginia corporation (the “Company”) promises to pay interest on the principal amount of this Note at 5.875% per annum from July 31, 2013 until maturity.

• None of Parent, Trident Merger Sub or Sun Merger Sub has engaged in any business or activity other than activities related to its corporate organization and the execution and delivery of this Agreement and the other agreements and instruments contemplated hereby and has no assets or liabilities except as necessary for such purpose.

• Xxx has duly executed and delivered this Agreement and, assuming the due authorization, execution and delivery by Xxxxxxx, Parent, Trident Merger Sub and Sun Merger Sub, this Agreement constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.