Examples of VDC Shares in a sentence
At Closing (as defined in the Purchase Agreement), the Buyer shall deliver to the Escrow Agent in furtherance of Section 4(b) of the Stipulation and subject to adjustment provided for in paragraph 8 below, 5.3 million newly issued shares of common stock, par value $2.00 per share, of Buyer (the "VDC Shares").
Notwithstanding any other provision of ------------------------ the Agreement to the contrary, no distribution of the Escrowed Funds or VDC Shares shall be made under this Agreement or otherwise, unless the Escrow Agent has the written consent of Buyer, Debtor and the Committee to any such proposed distribution, which consent shall not be unreasonably withheld.
The VDC Shares delivered by Buyer at Closing will be validly and legally issued, free and clear of any and all Liens, and will be fully paid and non-assessable, except that in the event the Court does not declare that the issuance of the VDC Shares are under a plan in Seller's bankruptcy case pursuant to Bankruptcy Code ss.1145, the VDC Shares shall be "restricted securities" pursuant to Rule 144 promulgated under the Act and except for the restrictions on resale set forth in Section 7.6 hereof.
As soon as practicable after the Effective Date, Purchaser shall promptly deliver to Seller the Cash Payment and all certificates representing the VDC Shares, and Seller shall promptly deliver to Purchaser all certificates representing the Fox Shares, in each case duly endorsed in blank or accompanied by a duly executed stock transfer power.
Pursuant to the Escrow Agreement, VDC has delivered the escrowed funds to the Debtor's special transactional counsel, as Escrow Agent, together with 5,300,000 VDC Shares as provided in the Asset Purchase Agreement.
The Disbursing Agent shall establish a reserve for professional fees and costs arising or incurred after the Confirmation Date and may liquidate such VDC Shares as are sufficient to pay or reserve, in Cash, Allowed Class 1 Claims.
First, note that we never directly observe a DS: We only access quantities like spike times more or less directly related to the underlying DS through some measurement device (like an amplifier), but never the complete set of underlying dynamical variables that give rise to these measurements (like all the ionic currents, or potentially more abstract quantities that exhaustively describe the underlying geometry or topology).
Debtor, Escrow Agent and Disbursing Agent are hereby authorized and directed immediately to implement the Plan, except with respect to making disbursements to the Class 6 equity holders of cash or VDC Shares, as provided herein.
FNLMRC-HR1 10/16/2018 *Immediate supervisors, may only have access to personnel file information on a need-to-know basis.
Subject to the provisions of --------------------------------- the Escrow Agreement and sections 7.6 and 7.7 of the Asset Purchase Agreement, in the discretion of the Disbursing Agent, the Disbursing Agent may liquidate such VDC Shares as are sufficient to pay, in Cash, Allowed Class 5A Claims to the extent provided in the applicable Settlement Agreement or Allowed Class 5B claims to the extent such a claimant elects to receive Cash pursuant to section 3.5(b) above.