Block Seller definition
Examples of Block Seller in a sentence
If, on any Day, Seller has insufficient Gas available from the CBM Block, Seller may, in its sole discretion, supply Gas produced from other sources of Gas.
Each Block Seller and/or such Block Seller’s advisor(s) have had a reasonable opportunity to ask questions of and receive answers from a person or persons acting on behalf of the Issuer concerning the Block Shares and the Issuer, and all such questions have been answered to such Block Seller’s full satisfaction.
Each Block Seller has such knowledge and experience in financial and business matters and in making investment decisions of this type that it is capable of evaluating the merits and risks of making its investment decision regarding the Block Purchase and of making an informed investment decision.
Each Block Seller shall provide to the Issuer any necessary certification of status necessary to eliminate or reduce withholding taxes.
Each Block Seller shall indemnify and hold the Issuer harmless from, and promptly reimburse the Issuer for, any such taxes, plus any interest, penalties, or additions attributable thereto.
Each Block Seller is not relying on the Issuer with respect to the tax and other economic considerations of the Block Purchase, and such Block Seller has relied on the advice of, or has consulted with, such Block Seller’s own advisors.
The Block Seller shall provide to the Issuer any necessary certification of status necessary to avoid withholding taxes.
In that event, the number of shares of Jreck stock to be sold by the Block Seller shall be reduced accordingly.
Notwithstanding anything to the contrary herein, the Issuer and the Block Seller shall be permitted to make the disclosures required in its filings pursuant to the Exchange Act, in each case without such review and consultation.
LDM or each former LDM shareholder, as the case may be, shall have the right to require, as a condition to such transfer, that the purchaser or purchasers purchase, on the same terms and conditions and at the same price as offered to the Block Seller, that percentage of the Jreck common stock held by LDM (or the former LDM shareholder) as equals the percentage of all Jreck common stock (or common stock equivalents) owned by the Block Seller in the aggregate which is included in the transaction.