Cannex definition
Examples of Cannex in a sentence
Cannex believes this administrative violation notice does not constitute a material risk of adverse effect.
Neither Cannex nor its Subsidiaries is subject to any judgments that are unsatisfied, any Governmental Order which in each such case has had a Cannex Material Adverse Effect or which would prevent or materially delay consummation of the transactions contemplated by this Agreement.
No fiduciary has any Liability for breach of fiduciary duty or any other failure to act or comply in connection with the administration or investment of the assets of any Cannex Benefit Plan.
Each grant of Cannex Options was duly authorized no later than the date on which the grant of such Cannex Options was by its terms to be effective by all necessary corporate action, including, if required as applicable, board of approval or compensation committee approval and required stockholder approval, all Cannex Options have been granted in compliance with applicable Law, including all applicable Securities Laws and in accordance with the Cannex Option Plans.
In no event shall any Nevada Holdco Shareholder, Nevada Holdco Optionholder, Cannex Shareholder, Cannex Optionholder, Cannex Warrantholder, or Cannex Noteholder be entitled to a fractional security of the Resulting Issuer.
Cannex has the requisite corporate power and authority to enter into this Agreement and to perform its obligations hereunder.
Cannex agrees that it shall, in consultation with 4Front, fix and publish a record date for the purposes of determining the Cannex Shareholders entitled to receive notice of and vote at the Cannex Meeting in accordance with the Interim Order.
All payments to Cannex Dissenting Shareholders with respect to the Business Combination shall be made from such escrow.
For purposes of this Section 4.20(b)(ii), “Company” means (i) before the Restated Closing Date, Cannex Holdings and (ii) on and after the Restated Closing Date, 4Front Ventures.
Cannex and its Subsidiaries have taken commercially reasonable steps to maintain the Owned Intellectual Property Assets of Cannex and its Subsidiaries and to protect and preserve the confidentiality of all trade secrets or other proprietary information included in the Intellectual Property Assets.