ACGU definition
Examples of ACGU in a sentence
Within five (5) business days following the Closing Date, and subject to the terms and conditions of this Agreement, Buyer hereby agrees to deliver a Certificate(s), registered in the name of the Company and representing the ACGU Shares against delivery by the Company of the Series E Share.
By receipt of and payment for the ACGU Shares by Buyer, Buyer has acquired good and marketable title to the Series E Share free and clear of any Liens, including restriction and limitations that may arise under community property or similar laws, subject to such restriction on resale as may exist under applicable security laws.
The ACGU Shares will be delivered free of any claims or liens or encumbrances.
As of the Closing Date, neither Buyer nor any member thereof is, or has been during the previous three (3) months, an “affiliate” of ACGU as that term is defined in paragraph (a)(1) of Rule 144.
Within five (5) business days following the Closing Date, and subject to the terms and conditions of this Agreement, the Company hereby agrees to deliver a Certificate, registered in Buyer’s name and representing the Series E Share against the delivery by Buyer of the ACGU Shares.