Examples of Transferred Subsidiary Shares in a sentence
The purchase price for the Transferred Subsidiary Shares and the Transferred Assets shall be $US 537,000,000 (the “Purchase Price”) as adjusted in accordance with the terms of this Agreement.
Purchase and Sale of the Transferred Subsidiary Shares 13 SECTION 2.02.
The Transferred Subsidiary Shares are not subject to any voting trust agreement or other Contract restricting or otherwise relating to the voting, dividend rights or disposition of such Transferred Subsidiary Shares.
Upon the terms and subject to the conditions of this Agreement and the Ancillary Agreements, at the Closing, the Share Sellers shall sell to the Purchaser, and the Purchaser shall purchase from the Share Sellers, the Transferred Subsidiary Shares free and clear of all Encumbrances.
All of the Transferred Subsidiary Shares have been duly and validly authorized and issued and are fully paid and nonassessable, with no personal liability attaching thereto.
There are no outstanding or authorized options, warrants, convertible securities or other rights, agreements, arrangements or commitments of any character relating to the Transferred Subsidiary Shares or obligating the Transferred Subsidiary or any owner of or the Transferred Subsidiary Shares to issue or sell any shares of capital stock of, or any other equity interest in, the Transferred Subsidiary.
There are no phantom stock or similar rights providing economic benefits based, directly or indirectly, on the value or price of the Transferred Subsidiary Shares or any other securities or equity interests of a Transferred Subsidiary.
All of the Transferred Subsidiary Shares have been duly authorized and validly issued and are fully paid and non- assessable.
On the terms and subject to the conditions set forth herein, in addition to the Purchase Price and as additional consideration for the Transferred Assets and the Transferred Subsidiary Shares, effective as of the Closing, Buyer or, subject to Section 2.12, one or more of its Subsidiaries shall assume and agrees to thereafter pay, discharge and perform when due or payable all the Assumed Liabilities.
Xxxxx agrees that it shall acquire the Transferred Subsidiary Shares for investment purposes only and not with a view toward or for offer or sale in connection with any distribution thereof, or with any present intention of offering, distributing or selling any of the Transferred Subsidiary Shares.