Cayman definition
Examples of Cayman in a sentence
The Company is an exempted company with limited liability duly incorporated, validly existing and in good standing under the laws of the Cayman Islands, and each subsidiary of the Company is duly incorporated or organized, validly existing and in good standing (with respect to jurisdictions that recognize the concept of good standing) under the laws of its jurisdiction of organization.
The Company has been duly incorporated and is validly existing as a Cayman Islands exempted company and has the requisite corporate power to own its properties and assets and to carry on its business as now being conducted.
The Company is a Cayman Islands exempted company and is qualified to do business in every jurisdiction in which the failure to so qualify would reasonably be expected to have a material adverse effect on the financial condition, operating results or assets of the Company.
The SPAC Board Special Committee, either at a duly called and held meeting or by way of written resolution, has unanimously (i) determined that this Agreement and the Transactions, including the Mergers, are advisable, fair to and in the best interests of SPAC and SPAC’s shareholders in accordance with Cayman Islands Law and (ii) recommended that the SPAC Board approve and adopt this Agreement, the consummation of the Transactions and the performance by SPAC of its obligations hereunder.
By: Name: ▇▇▇▇ ▇▇▇ Title: CEO, Chairman of the Board, Director TO: HAOXI HEALTH TECHNOLOGY LIMITED The undersigned holder hereby elects to exercise the Warrant to Purchase Ordinary Shares (the “Warrant”) of Haoxi Health Technology Limited, a Cayman Islands exempted company (the “Company”) as specified below.