Description of the Transaction. 2.1 Description of the Transaction. Pursuant to the terms and conditions of this Agreement, AMPI will merge with and into SMI on the Effective Date. Upon the Effective Date of the merger, the following will occur:
Description of the Transaction. Please provide an appropriate answer to the information requested below regarding the subject derivative transaction
Description of the Transaction. On April 30, 2021 (the “Effective Date”), AMMO, entered into an agreement and plan of merger (the “Merger Agreement”), by and among the Company, SpeedLight Group I, LLC, a Delaware limited liability company and a wholly owned subsidiary of the Company (“Sub”), Gemini, and Sxxxxx X. Xxxxx, an individual (the “Seller”), whereby Sub merged with and into Gemini, with Sub surviving the merger as a wholly owned subsidiary of the Company (the “Merger”).
Description of the Transaction. Section 2.01 The Closing; Purchase and Sale of Subject Membership Units and Payment of Purchase Price.
Description of the Transaction. Buyer will acquire from Seller all of the capital stock of G (the “G Acquisition”) and in turn, the business of Seller, including, but not limited to, all equipment, hardware and software, real property, government permits, sales collateral, customer lists, sales proposals, sales quotes, all source code, design documents, documentation, , any tools and third party products related to the ongoing operation of Seller and all intellectual property related to Seller, including, but not limited to, patents, copyrights, trade secrets and trademarks (collectively, the “Acquired Business”). Seller shall represent that all other affiliates of Seller have been disclosed to Buyer and all ownership of G and said affiliates have been disclosed to Buyer and are being transferred to Buyer pursuant to the Definitive Agreement. Buyer is assuming all liabilities of except those specific excluded liabilities, if any, shall be mutually agreed upon by the Parties and shall be listed on a schedule to the Definitive Agreement.
Description of the Transaction. On May 25, 2022, Glimpse entered into an Agreement and Plan of Merger (the “Merger Agreement”), with BLI and each of the equity holders of BLI named therein (collectively, the “Members”). On August 1, 2022, Glimpse consummated the transaction contemplated by the Merger Agreement.
Description of the Transaction. 1 Transaction No. 10 Acquisition by the Issuer from Tower Investments Proprietary Limited ("Tower Investments") of all its rights in and to the Sale Assets (as defined below).
Description of the Transaction. A. Unisys is in the business of providing support, maintenance and other services for a wide range of computer and networking products; and
Description of the Transaction. (a) Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time (as defined in Section 1(c)), a share exchange shall occur whereby the Quantum Shareholders shall exchange their shares of the common stock of Quantum for common shares of Silver Butte, (the "Exchange"). The exchange of shares shall be the only consideration in the Exchange; no boot shall be paid to any party.
Description of the Transaction. 5. In exchange for (a) payment in US Dollars 211,673 (hereinafter: “Allocation Consideration”) by the Investor and (b) transfer of the Old Options to the Company (as specified in section 8 (c) below), the Company will allocate for the Investor 211,672,857 Ordinary Shares of the Company (hereinafter: “Allocation Shares”) as well as (b) 122,935,610 option warrants not registered for trade and un-assignable (except transfer to a third party that the Company approves in advance in writing) (hereinafter: “Investment Options”) convertible into 122,935,610 Ordinary Shares of the Company as well as (c) 58,064,516 option warrants not registered for trade and un-assignable, convertible into 58,064,516 Ordinary Shares of the Company (hereinafter: “Substituted Options”) according to the following terms and dates. The Investment Options and the Substituted Options will hereinafter be referred to together as: “Allocated Options” and the Company Ordinary Shares claimed as a result of exercising the Allocated Options will hereinafter be referred to as: “Exercising Shares”.
