ADSX definition

ADSX means Applied Digital Solutions, Inc., a corporation existing under the laws of the State of Missouri;
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Examples of ADSX in a sentence

  • In order to induce DOC to enter into this Agreement and to consummate the transaction contemplated hereby, ADSX makes the representations and warranties set forth below to DOC.

  • This limitation shall apply even if ADSX has been notified of the possibility or likelihood of such damages occurring and regardless of the form of action, whether in contract, negligence, strict liability, tort, products liability or otherwise.

  • When issued in accordance with this Agreement, the ADSX Exchange Shares shall be duly and validly authorized, legally issued and outstanding, fully paid and non-assessable, shall not have been issued in violation of the preemptive rights of any Person, and free and clear of all liens and encumbrances.

  • The ADSX Transaction Documents have been duly executed and delivered by ADSX.

  • There is no action, suit, claim, investigation, arbitration, alternate dispute resolution proceeding or other proceeding pending or, to the knowledge of ADSX, threatened against ADSX or any subsidiary which questions the validity of this Agreement or any of the other ADSX Transaction Documents or any of the transactions contemplated hereby or thereby or any action taken or to be taken pursuant hereto or thereto.

  • For strategic investment purposes, ADSX wishes to purchase from DOC and DOC wishes to sell to ADSX, in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended, newly-issued shares of the common stock of DOC in consideration for newly issued shares of the common stock of ADSX (which ADSX will seek to register for resale pursuant to the provisions of the Securities Act of 1933, as amended), on the terms and subject to the conditions set forth in this Agreement.

  • ADSX shall have obtained all material authorizations, consents, waivers and approvals as may be required to consummate the transaction contemplated by this Agreement.

  • ADSX shall have performed and complied in ----------- all material respects with all of the agreements, covenants and obligations required under this Agreement to be performed or complied with by it on or prior to the Closing Date.

  • Notwithstanding anything herein to the contrary, if the ADSX Per Share Exchange Price on the Closing Date is calculated to be less than the Floor Price, then ADSX shall be entitled to terminate at its option any and all of its obligations under this Agreement by delivery of a written notice to DOC to such effect.

  • The representations and warranties of ADSX and of DOC set forth in this Agreement shall terminate immediately following the Closing Date (or any alternative closing date).

Related to ADSX

  • PubCo has the meaning set forth in the Preamble.

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Acquireco has the meaning ascribed thereto in the recitals.

  • Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.

  • LBD means any day on which commercial banks are open for general business (including dealing in foreign exchange and foreign currency deposits) in London;