The Deal Sample Clauses

The Deal. The November 2021 Share Trust Repurposing Agreement will serve to amend the 2009 Share Trust Agreement. Currently all Share Trust assets are jointly held by all of the unitholders (unions). The first step of the Repurposing Agreement will be to reallocate the shares for the benefit of each union individually.
AutoNDA by SimpleDocs
The Deal. 1.1 The Investors will buy convertible bonds from the Company at a total amount of up to USD 1,000,000 (USD one million) ("the Investment Amount") according to the dollar exchange rate as it shall persist on the day of signing the agreement ("the Consideration"). Also, the Investors will receive without consideration shares in the Company in an amount equal to USD 0.70 cents for every dollar invested in the shares according to a price of 1.5 cents per share. The shares will be allocated on the first day of the Investment.
The Deal. A. The specific Parties intend to form a Joint Venture, by way of the Agreement and related documents, those Parties being (1) JOINTVENTURE to be more formally named, herein being the Joint Venture entity, and (2) INDOOR being 51% owner of JOINTVENTURE and (3) FINCANN being the other 49% owner of JOINTVENTURE effectively at Closing.
The Deal. 3.1 At the completion date, the company will purchase from the investor, and the investor will transfer to the company the transferred asset, in consideration for the issuance of the issued shares to investor, when they are free (excluding limitations pursuant to Section 15(c) to the securities act). The issued shares to investor will be divided between the individuals of the investor in a manner which 544,760,702 shares will be issued to Emvelco RE Corporation and the balance of 363,173,801 shares will be issued to AP Holdings.

Related to The Deal

  • Self-Dealing Unless entered into in bad faith, no contract or transaction between the Company and one or more of its Members, officers, or employees, or between the Company and any other entity or organization in which one or more of its Members, officers, or employees have a financial interest or are owners, managers, partners, directors, officers, or employees, shall be voidable solely for this reason or solely because such Member, officer, or employee was present or participated in the authorization of such contract or transaction. No Member, officer, or employee interested in such contract or transaction, because of such interest, shall be considered to be in breach of this Agreement or liable to the Company or any other Person for any loss or expense incurred by reason of such contract or transaction or shall be accountable for any gain or profit realized from such contract or transaction. While not required, approval or ratification by a majority of the Members having no interest in the transaction constitutes conclusive evidence that such transaction is permitted under this section.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!