Examples of Equity Purchase Agreements in a sentence
On March 10, 2020, while the Coronavirus outbreak was already burgeoning, Cinemex entered into two related Equity Purchase Agreements (together, the “Agreement”) to purchase Star Cinema Grill, a homegrown Sugar Land, Texas company solely owned by Omar Khan, a local businessman (the “Transaction”).
Upon conversion in accordance with the terms and conditions of the Equity Purchase Agreements, the Conversion Shares will be validly issued, fully paid and nonassessable and free from all taxes, liens and charges with respect to the issue thereof, with the holders being entitled to all rights accorded to a holder of Common Stock.
The Company further acknowledges that its obligation to issue Conversion Shares upon conversion of the Equity Purchase Agreements in accordance with this Agreement and the Equity Purchase Agreements is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other shareholders of the Company.
This Agreement, the other Equity Purchase Agreements, the Asset Purchase Agreement, the Closing Side Letter and the other agreements executed herewith and therewith, together with their respective exhibits and schedules, are the final, complete and exclusive statement and expression of the agreement among the parties with relation to the subject matter of this Agreement, the other Equity Purchase Agreements, the Asset Purchase Agreement, the Closing Side Letter and such other agreements.
This Agreement, the other Equity Purchase Agreements, the Asset Purchase Agreement, the Closing Side Letter and such other agreements supersede, and cannot be varied, contradicted or supplemented by evidence of, any prior or contemporaneous discussions, correspondence, or oral or written agreements of any kind, related to the subject matter hereof or thereof.
Subject to the terms and conditions set forth herein, the Company has authorized the entering into with the Buyer of up to two Equity Purchase Agreements (each an "EQUITY PURCHASE AGREEMENT" and collectively the "EQUITY PURCHASE AGREEMENTS"), substantially in the form attached hereto as EXHIBIT A, with each Equity Purchase Agreement having an aggregate principal amount of Six Million Dollars ($6,000,000).
The Company will apply the proceeds of the sale of the Notes as set forth in Exhibit 10.3, including, on the date of this Agreement, towards payment of all amounts due at the Closings (as defined in the Turnpike Equity Purchase Agreements) of the transactions contemplated by the Turnpike Equity Purchase Agreements and any related expenses, and repayment of all indebtedness and other amounts outstanding under the SVB Loan Agreement and the PFG Loan Agreement.
Contribution by the United Nations in the Lao People’s Democratic Republic for the 21st Session of the Universal Periodic Review, 2015, para.
The Company understands and acknowledges that the number of Conversion Shares issuable upon conversion of the Equity Purchase Agreements will increase in certain circumstances.
Since the applicable percentage ratios of the transactions contemplated under the Equity Purchase Agreements and the Assets Purchase Agreement (on an aggregated basis) exceed 5%, these transactions are subject to reporting, announcement and independent shareholders’ approval requirements under Chapter 14A of the Hong Kong Listing Rules.