Examples of Transferor Group in a sentence
Each member of the Transferor Group will pay its own expenses, if any, incurred in connection with the Secondary 351 Transaction.
There is no indebtedness between the Holding Company and the Transferor Group, and there will be no indebtedness created as a result of the Secondary 351 Transaction.
You have advised us that the Transferor Group desires to consolidate the activities of Vaxcel and Zynaxis, including the development of technologies.
The Holding Company will assume no liabilities of any member of the Transferor Group in connection with the Secondary 351 Transaction.
With your consent, we have also assumed that the following statements are true on the date hereof and will be true on the date the proposed transaction is consummated: (1) The property being transferred by the Transferor Group to Vaxcel in the Exchange consists of (i) the Senior Secured Credit Facility, (ii) the Cash Payment, (iii) Zynaxis Capital Stock, and (iv) the Notes.