Ameri India Acquisition Clause Samples
The 'Ameri India Acquisition' clause defines the terms and conditions under which a party acquires ownership or control of Ameri India, a specific entity or asset. This clause typically outlines the purchase price, payment structure, and any conditions precedent to closing the acquisition, such as regulatory approvals or due diligence requirements. By clearly specifying the steps and obligations involved in the acquisition process, the clause ensures both parties understand their rights and responsibilities, thereby reducing the risk of disputes and facilitating a smooth transfer of ownership.
Ameri India Acquisition. Immediately following the Closing, Ameri India and Parent shall make all necessary filings with the Reserve Bank of India and all other applicable national and state governmental and regulatory agencies of India, and take any and all other actions required pursuant to India’s Foreign Exchange Management Act, to obtain clearance for the acquisition by Parent of all of the outstanding shares of Ameri India pursuant to the Ameri India Purchase Agreement referenced in Section 7.1(g)(6) below.