AP Holdings definition
Examples of AP Holdings in a sentence
AP Holdings has the corporate power and authority to enter into, execute and deliver this Agreement and perform its obligations hereunder.
AP Holdings is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
The Stockholders, by their execution of this Agreement, hereby approve and adopt the AP Holdings, Inc.
In exchange for the Series D Preferred being issued to AP Holdings as above described, AP Holdings shall, concurrent with such issuance of Series D Stock, deliver to ASP 5.8373 shares of Series C Preferred.
Simultaneously herewith, AP Holdings shall deliver the certificates representing shares of Series C Preferred duly endorsed in blank or accompanied by stock powers duly endorsed in blank, with all necessary transfer tax and other revenue stamps, acquired at ASP's expense, affixed and canceled.
AP Holdings will acquire the Shares for its own account for investment and not with a view toward any resale or distribution thereof, PROVIDED, that the disposition of AP Holdings' property shall at all times remain within the sole control of AP Holdings.
AP Holdings has full legal right, power and authority to enter into this Agreement and to exchange, assign, transfer and convey the Exchanged Shares pursuant to this Agreement and the delivery to ASP of the Exchanged Shares pursuant to the provisions of this Agreement will transfer to ASP good and valid title thereto, free and clear of all Liens.
Upon the terms set forth in this Agreement, ASP agrees to issue to AP Holdings 500 fully paid and nonassessable shares of Series D Preferred.
This Agreement may be changed or terminated and any provision of this Agreement can be waived, amended, supplemented or modified only by written agreement of AP Holdings and ASP.
The execution, delivery and performance of this Agreement by AP Holdings have been duly authorized and approved by its Board of Directors and no other corporate action is necessary to authorize the execution, delivery and performance of this Agreement by AP Holdings.