Examples of Finco in a sentence
Navasota hereby represents and warrants to and in favour of Xxxxx and Subco2 and acknowledges that Finco and Subco2 are relying upon such representation and warranty, that Navasota is duly authorized to execute and deliver this Agreement and this Agreement is a valid and binding agreement, enforceable against Navasota in accordance with its terms.
Subco2 hereby represents and warrants to and in favour of Xxxxx and Navasota, and acknowledges that Finco and Navasota are relying upon such representations and warranty, that Subco2 is duly authorized to execute and deliver this Agreement and this Agreement is a valid and binding agreement, enforceable against Subco2 in accordance with its terms.
Navasota, as sole shareholder of each of Subco2 and Finco, shall waive notice of and its attendance at a meeting of the shareholders of each of Subco1 and Finco to approve the Amalgamation and shall sign a resolution in writing as the sole shareholder of each of Subco1 and Xxxxx approving the Amalgamation.
This Agreement may, prior to the issuance of the Certificate of Amalgamation, be terminated by mutual agreement of the respective boards of directors of the parties hereto, without further action on the part of the shareholders of Finco or Subco2.
Prior to the Effective Time, certain investors will invest cash for subscription receipts (the "Subscription Receipts") of Finco, with each Subscription Receipt representing the right of the holder thereof to receive, in certain circumstances set forth in the terms attached to the Subscription Receipts, one Xxxxx Share and one half (1/2) of one (1) Xxxxx Warrant, without any further act and for no additional consideration.