Examples of Acquired Interest in a sentence
Assignor represents and warrants that each member of the Company has waived any and all applicable transfer restrictions applicable to the transfer of the Acquired Interest.
The Partnership shall contribute the Acquired Interest to the Operating Company, in exchange for 500 units, representing limited liability company interests in the Operating Company.
The Total Purchase Price shall be increased or decreased by the pro rata amount (based on the Acquired Interest) of net working capital (current assets excluding cash and cash equivalents minus current liabilities excluding the current portion of long-term debt) reflected on the consolidated books and records of Höegh LNG Colombia Holding as of the Closing Date (the “Purchase Price Adjustment”).
To the extent the Partnership Purchase Option is not exercised in full on or prior to the Closing Date, the Partnership shall have the right, on or prior to February 28, 2017, to purchase all or part of the Retained Interest on the same terms as the Acquired Interest.
Each Acquired Interest has been duly authorized and validly issued and is fully paid and non-assessable and was issued in compliance with applicable Laws.