AEC Associates definition
Examples of AEC Associates in a sentence
As of the Effective Time, AEC Associates shall lawfully own of record and/or beneficially that number of shares of Source Common Stock set forth on Exhibit A hereto, free and clear of any mortgage, pledge, security interest, encumbrance, charge or other lien (whether arising by contract or operation of law).
On the date hereof and immediately prior to the Closing, without giving effect to the transactions contemplated by the Merger Agreement, neither AEC Associates nor any Affiliate of AEC Associates beneficially owns any Source Securities.
The execution, delivery and performance of this Agreement by AEC Associates requires no action by or in respect of, or filing with, any governmental or non-governmental body, agency or official or any other Person other than as required by any applicable requirements of the Exchange Act and other filings or notifications that are immaterial to the consummation of the transactions contemplated hereby.
The execution, delivery and performance of this Agreement by AEC Associates have been duly authorized by all necessary corporate action on the part of AEC Associates.
AEC Associates is a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation.
The execution, delivery and performance of this Agreement by AEC Associates does not and will not (a) violate the internal governance documents of AEC Associates, (b) violate any applicable law, rule, regulation, judgment, injunction, order or decree binding upon AEC Associates or (c) constitute a default under any material agreement or other instrument binding upon AEC Associates.
This Agreement constitutes the legal, valid and binding agreement of AEC Associates, enforceable against AEC Associates in accordance with its terms, except as such enforcement may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors’ rights generally and (ii) general equitable principles, regardless of whether such enforceability is considered in a proceeding at law or in equity.
This Agreement constitutes the legal, valid and binding agreement of AEC Associates, enforceable against AEC Associates in accordance with its terms, except as such enforcement may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting or relating to enforcement of creditors' rights generally and (ii) general equitable principles, regardless of whether such enforceability is considered in a proceeding at law or in equity.