Wimbledon Entity Interests definition
Examples of Wimbledon Entity Interests in a sentence
The Wimbledon Entity Interests constitute all the issued and outstanding capital stock of each Wimbledon Entity and are owned of record and beneficially by the holders (which holders are either Seller or a wholly-owned subsidiary of Seller), free and clear of all Security Interests.
All Wimbledon Entity Interests are duly authorized, validly issued, fully paid and nonassessable.
There is no outstanding Indebtedness that could convey to any Person the right to vote, or that is convertible into or exercisable for the Wimbledon Entity Interests or any Wimbledon Equity Interest.
Upon consummation of the transactions contemplated by this Agreement, Seller or a Subsidiary of Seller will transfer valid title to, and Acquiror will own, all the Wimbledon Entity Interests, free and clear of all Security Interests other than those imposed by applicable securities laws.