Examples of Acquiror Parent in a sentence
For purposes of such payment, the U.S. dollar value of each share of Acquiror Parent Common Stock shall equal the product of (i) the average of the Parent VWAP (as defined in the Merger Agreement) for the three consecutive trading days ending on the second trading day immediately preceding the Merger Closing Date (as calculated pursuant to and in accordance with the Merger Agreement) and (ii) 0.8575.
The redemption price shall be paid in a combination of cash and shares of Acquiror Parent Common Stock as reflected in and pursuant to the terms set forth in Section 5.14 of the Merger Agreement and this Section 3.11.
After the Closing, Acquiror Parent shall cause the Purchaser to perform its obligations, if any, under Sections 2.6 and 2.7 and will be jointly and severally liable with the Purchaser for such obligations.
There are no Actions pending against Acquiror Parent that would have a material adverse effect on the ability of Acquiror Parent to fulfill its obligations under this Agreement.
Acquiror Parent has cash in excess of $40,000,000 and liabilities and contingent liabilities not in excess of $9,000,000.
Whilst the policy aims to direct the majority of new employment developments to Town centre and edge of centre locations, existing or proposed employment areas and other areas within settlement boundaries, as noted above, the principle of employment development on this site has been previously established and the proposal is closely relate to an existing business in the vicinity.
In exchange for the sale by SLA of the Digital Solutions Business to Acquiror, Parent shall on Closing pay One Million U.S. Dollars ($1,000,000) through the issuance of Forty Nine (49) shares of Acquiror’s Series A Preferred Stock and Five Hundred Million (500,000,000) shares of Parent’s restricted common stock to SLA.
Acquiror Parent has not filed for bankruptcy protection nor has a bankruptcy petition been filed against it.
The representations and warranties contained in paragraphs (a) and (b) of this Section 3.7 will not apply to statements or omissions included in the Schedule 13E-3, based upon information furnished to Acquiror, Parent or any affiliate thereof by the Company specifically for use therein.
It should be recognised that a ‘full and final’ settlement is an agreement between National Grid and the current Grantor.