Examples of APC Shares in a sentence
Unless otherwise agreed by the parties, the AGUB of the APC Shares, allocated to the APC Electing Subsidiaries shall be allocated among the APC Electing Subsidiaries based on their 1998 operating revenue.
Fractions of New APC Shares will not be allotted or issued to Scheme Shareholders.
But it introduces new innovative provisions that will enhance the efficiency of the justice system.
Purchaser understands that the effect of the representation and warranty made herein is that the APC Shares must be held by it indefinitely unless subsequently registered under the Act or unless an exemption from registration is available at the time of any proposed sale or other transfer thereof.
Upon consummation of the transactions contemplated by this Agreement, Seller and Purchaser shall join in making a timely election under Section 338(h)(10) of the Code (a "Section 338(h)(10) Election") with respect to the purchase of the APC Shares and shall make similar elections under state and local law to the fullest extent possible.
The only issued and outstanding shares of capital stock of APC are the APC Shares, all of which are duly authorized, validly issued, fully paid and non-assessable.
Subject to those matters set forth in this Agreement, Purchaser has full right, power and authority to enter into this Agreement and the other Operative Documents to which Purchaser is a party, and Purchaser has full, right, power and authority to purchase and receive the APC Shares and the Distribution Assets pursuant hereto.
Subject to all of the terms and conditions of this Agreement, at the Closing, Seller shall sell, transfer and deliver to Purchaser the APC Shares; and Purchaser shall purchase and accept delivery from Seller of the APC Shares at the Closing.
Purchaser agrees to indemnify and hold harmless Seller against all liabilities, costs and expenses, including reasonable attorneys' fees, and other Losses incurred by Seller as a result of any sale, transfer or other disposition by Purchaser of all or any part of the APC Shares in violation of the Act or applicable state securities laws.
Delivery must occur within 7 days of entry21 of this Order for current personnel.