Examples of Corning Buyer in a sentence
If SDC objects to the Final Commercial Adjustment Statement within the time period and in the manner set forth in Section 10.7, then the Final Commercial Adjustment Statement shall become final and binding for all purposes hereunder on the date that Corning Buyer receives the Notice of Commercial Adjustment Disagreement except with respect to, and only to the extent of, the Disputed Commercial Adjustment Items in the Notice of Commercial Adjustment Disagreement.
Except as set forth on Schedule 3 (to be delivered to Corning Buyer at least five (5) Business Days prior to the Closing Date), as of five (5) Business Days prior to the Closing Date, none of SDC, SEC or any of their respective Subsidiaries or other Affiliates beneficially own any shares of Corning Common Stock.
Prior to the Closing, at Corning Buyer’s written request, Corning Hungary and SDC shall cause SCP to, and SCP shall, repay or otherwise eliminate such Indebtedness of SCP and its Subsidiaries in the manner and as requested by Corning Buyer, but in case such elimination would result in non-de-minimis penalties or other non-de-minimis negative economic impact on SCP and/or its Subsidiaries, only with the prior written consent of SDC (which consent shall not be unreasonably withheld).
Each of SDC and Corning Buyer shall bear and pay one-half of the fees and other costs charged by such Accounting Firm and shall use commercially reasonable efforts to cooperate with the Accounting Firm and ensure that the Accounting Firm is able to resolve the Disputed Working Capital Items within thirty (30) days.
Corning Buyer or its designee shall have completed the Minority Purchase, and such Minority Purchase shall have included all of the SCP Shares owned by Samsung Life Insurance Co., Ltd.
After the completion of the Minority Purchase and at or prior to the Closing, SDC, Corning and Corning Buyer shall enter into the Purchase and Subscription Agreement.
Neither the sale of all or any portion of the Subject CPS Shares by Corning Buyer to SDC as contemplated by the Purchase and Subscription Agreement is subject to any preemptive rights, rights of first refusal, tag-along right or other similar right on behalf of any Person under any provisions of any Contract to which Corning Buyer is party or by which any property of Corning Buyer is bound.
Corning Hungary, Corning Buyer, SCP and SDC shall use their respective reasonable best efforts to reasonably and in good faith cooperate with each other to appropriately reflect such material services in the scope of services to be provided under the Services Agreement.
Corning Buyer and SDC agree that the procedures set forth in Sections 4.1(a), (b) and (c) for resolving disputes regarding the Disputed Working Capital Items shall be the sole method for resolving such disputes.
If SDC or Corning Buyer objects to the Year-End Working Capital Statement, then it shall provide Corning Buyer or SDC (as the case may be) with written notice thereof (a “Notice of Working Capital Disagreement”) setting forth its objections to particular items employed in the calculation of the Year-End Net Working Capital in reasonable detail (each, a “Disputed Working Capital Item”) within thirty (30) days after receiving the Year-End Working Capital Statement.