CMAC Merger definition

CMAC Merger means that certain acquisition transaction pursuant to which DecisionPoint Systems, Inc. will acquire all of the outstanding capital stock of CMAC, Inc. (“CMAC”).

Examples of CMAC Merger in a sentence

  • To further the recommendations of the Broward Complete Streets Guidelines, the context sensitive placement of energy efficient illumination to promote pedestrian, bicycle and vehicular activity and safety without adversely impacting protected wildlife or promoting light pollution.

  • Not more than 10% of the issued and outstanding Buyer Common Stock shall have demanded an appraisal of their value in connection with the CMAC Merger in compliance (in all respects) with Section 262 of the Delaware General Corporation Law.

  • The Stock Purchase and the CMAC Merger shall have been duly approved and adopted by the Requisite Buyer Vote under the laws of the State of Delaware and the British Virgin Islands and the Buyer's organizational documents and an executed copy of the Plan of Merger reflecting the CMAC Merger, in the form attached hereto as EXHIBIT E, shall have been filed with the Delaware Secretary of State and the equivalent Governmental Entity in the British Virgin Islands effectuating the CMAC Merger.

  • Bank hereby consents to DSI entering into the CMAC Merger on the terms previously disclosed to Bank in writing conditioned upon all of the following occurring: (i) CMAC becoming a co-Borrower under the Loan Agreement, (ii) CMAC granting Bank a first-priority security interest in the assets of CMAC and (iii) CMAC executing all such documents required by Bank in conjunction therewith (including, without limitation, a Cross-Corporate Guaranty).

  • To the extent DSG must transfer funds to DSI in order to complete the CMAC Merger, Bank hereby consents to DSG transferring such funds to DSI for such purpose.

  • Except in connection with the CMAC Merger, CMAC Sub (when established) will not engage in any business activities, conduct any operations or enter into any material agreements or Contracts with any other Person or incur any liabilities.

  • In connection with the CMAC Merger, one new Surviving Corporation Ordinary Share will be issued for each outstanding share of CMAC Common Stock and an aggregate of 8,900,000 Surviving Corporation Ordinary Shares may become issuable (and such number will be reserved for issuance) as follows: 900,000 Surviving Corporation Ordinary Shares upon exercise of the Underwriter Option and 8,000,000 shares of Surviving Corporation Ordinary Shares upon the exercise of the IPO Warrants.

Related to CMAC Merger