Examples of Xxxxxx Option Agreement in a sentence
The Company and Canam have performed all obligations (including all necessary work and payment obligations) in a timely manner (and in accordance with all applicable work program progress and payment schedules or requirements) under the Xxxxxx Option Agreements, anticipate being able to continue to perform all such obligations moving forward and have been operating in accordance with the terms of and are in compliance with all terms and conditions contained in each Xxxxxx Option Agreement.
The carrying out of the business of the Company and Canam as currently conducted and as proposed to be conducted does not result in a material violation or breach of or default under any Xxxxxx Option Agreement.
The Company and Canam are not in violation, breach or default nor has it received any notification from any party claiming that the Company or Canam are in violation, breach or default under any Xxxxxx Option Agreement and no other party, to the knowledge of the Company, is in breach, violation or default of any term under any Xxxxxx Option Agreement.
The Company does not expect any Xxxxxx Option Agreement or the relationship with the counterparties thereto to be terminated or adversely modified, amended or varied or adversely enforced against the Company or Canam, as applicable, other than in the ordinary course of business.
Any and all payments performed by the Easynvest Companies between August 30, 2020 and the Closing Date by virtue of the exercise and/or cancellation of the options granted in the context of the Easynvest Option Plan, the Easynvest Phantom Share Plan and/or the Xxxxxx Option Agreement, including possible Taxes and expenses, shall be considered as an Authorized Withdrawal for all purposes and effects of this Agreement.
The Company shall have executed and delivered to Xxxxx Xxxxxx an original Employment Agreement and Xxxxx Xxxxxx Option Agreement.
Xxxxxx and CEC are parties to that certain Xxxxxx Option Agreement, dated as of January 31, 1994 (the "ORIGINAL AGREEMENT") pursuant to which Xxxxxx was granted options to purchase certain shares of CEC's common stock, $.01 par value based upon the returns achieved by Xxxxxx Equity Capital Corporation ("HECC"), on its behalf and as successor to Xxxxxx Financial, Inc.
With respect to the Xxxxxxx Site or the Xxxxxx Site, the Administrative Agent shall have received satisfactory evidence from the Borrower whose Plant is the subject of such requested Funding that the option under the Xxxxxxx Option Agreement and/or the Xxxxxx Option Agreement, as the case may be, has been duly exercised and the Borrower owns good and marketable title to the Xxxxxxx Site and/or the Xxxxxx Site.
Any and all payments that may be performed by the Easynvest Companies, between August 30, 2020 and the Closing Date, by virtue of the exercise and/or cancellation of the options granted in the context of the Easynvest Option Plan, the Easynvest’s Phantom Share Plan and the Xxxxxx Option Agreement, including the possible Taxes and expenses, shall be considered as an Authorized Withdrawal for all purposes and effects of this Agreement.
The obligation to indemnify assumed by the Easynvest Shareholders, as determined under the terms set forth in Clause 8.1, shall remain valid for three (3) years as from the Closing Date, except for Losses relating to any tax and/or social security matters relating to the Easynvest Option Plan and/or the Easynvest’s Phantom Share Plan and/or the Xxxxxx Option Agreement, considering the term of six (6) years as from the Closing Date.