Divestor definition
Examples of Divestor in a sentence
To the best knowledge of the Divestor, it has complied in all material respects with all laws, regulations, franchises, licenses and orders applicable to the Asset.
The execution, delivery and performance by Divestor of this Agreement and the consummation by Divestor of the transactions contemplated thereby have been duly authorized by all necessary corporate action on the part of Divestor.
The Divestor has taken all reasonable action to protect such assets.
There are no actions, suits, claims, proceedings or investigations pending or, to the knowledge of Divestor, threatened against the Divestor that would affect Divestor's title or interest in the Asset.
Divestor has not employed any broker, finder or agent, nor otherwise become obligated for any broker's, finder's or agent's or similar fee, with respect to the transaction contemplated by this Agreement.
This Agreement has been duly and validly executed and delivered by Divestor and constitutes the valid and binding obligation of Divestor, enforceable in accordance with its terms, subject to (i) applicable bankruptcy, insolvency or other similar laws relating to creditors' rights generally, and (ii) general principles of equity.
To the best knowledge of Divestor, neither this Agreement nor any of the Schedules or Exhibits annexed hereto contains any untrue statement of any material fact, or omits to state any material fact required to be stated in order to make the statements contained herein or therein not misleading.
At Closing, Acquirer will transfer to Divestor as full consideration for the Asset, a sum of the Acquirer’s common stock per the specifications detailed in Exhibit “B”.
On the Closing Date, Acquirer will deliver to Divestor share certificates per the, as yet to be received, issuance instructions of the Divestor, representing the share specifications detailed in Exhibit “B”.
To Divestor's best knowledge, the Divestor is not infringing upon, misappropriating, violating or otherwise acting adversely to the right of any other person under, or in respect to, licenses or similar intangible rights, and the Divestor has not received any charge, complaint, claim or notice of such an infringement, misappropriation, violation or adverse act.