Examples of Third Party Acquiror in a sentence
If the Third Party Acquiror fails to execute and deliver an assumption agreement in the form attached hereto as Exhibit 3.4 (the "Assumption Agreement") or the Merger Agreement shall not have terminated, then Sunstone Parties shall be prohibited from exercising the Drag- Along Right and any obligations of the Stockholders hereunder shall immediately terminate.
The execution and delivery of the Assumption Agreement by the Third Party Acquiror shall not relieve, discharge or otherwise release the Sunstone Parties from any of their obligations under this Agreement.
The Stockholders agree that concurrently with the consummation of any Superior Acquisition Proposal (such a transaction, a "Superior Proposal Transaction"), Sunstone Parties shall have the right (the "Drag-Along Right") to require Alter and Biedxxxxx, xxd Alter and Biedxxxxx xxxll have the obligation, to sell to Sunstone Parties or the Third Party Acquiror in such Superior Proposal Transaction all, but not less than all, of the Lessee and Management Equity in consideration of the Purchase Price.
Alter agrees to maintain all Lessee Stock to be sold to Sunstone Parties or the Third Party Acquiror hereunder free from all potential spousal claims including election share, community property interest or otherwise.
In addition, the Sunstone Parties and Third Party Acquiror shall provide the indemnity set forth in Section 5.13(a).