Examples of Backstop Subscription Agreement in a sentence
If any provision of this Backstop Subscription Agreement shall be invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions of this Backstop Subscription Agreement shall not in any way be affected or impaired thereby and shall continue in full force and effect.
No notice to or demand on a party not expressly required under this Backstop Subscription Agreement shall entitle the party receiving such notice or demand to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the party giving such notice or demand to any other or further action in any circumstances without such notice or demand.
No failure or delay by a party hereto in exercising any right, power or remedy under this Backstop Subscription Agreement, and no course of dealing between the parties hereto, shall operate as a waiver of any such right, power or remedy of such party.
This Backstop Subscription Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to the principles of conflicts of laws that would otherwise require the application of the law of any other state.
This Backstop Subscription Agreement may be executed and delivered in one or more counterparts (including by facsimile or electronic mail or in .pdf) and by different parties in separate counterparts, with the same effect as if all parties hereto had signed the same document.
No legal action, suit or proceeding with respect to this Backstop Subscription Agreement may be brought in any other forum.
No single or partial exercise of any right, power or remedy under this Backstop Subscription Agreement by a party hereto, nor any abandonment or discontinuance of steps to enforce any such right, power or remedy, shall preclude such party from any other or further exercise thereof or the exercise of any other right, power or remedy hereunder.
As of the Closing Date, Corvina had acquired 4,421,524 shares of the Issuer’s Common Stock pursuant to the Backstop Subscription Agreement, consisting of 2,750,000 Backstop Tranche 1 Shares and 1,671,524 Backstop Tranche 2 Shares.
The Company acknowledges that the Subscriber will rely on the acknowledgments, understandings, agreements, representations and warranties made by the Company contained in this Backstop Subscription Agreement.
The Subscriber acknowledges that the Company and Redbox will rely on the acknowledgments, understandings, agreements, representations and warranties made by the Subscriber contained in this Backstop Subscription Agreement.