EXG definition
Examples of EXG in a sentence
SPI must pay EXG the amount referred to in clause 10.3 within ten (10) Business Days of receipt by SPI of a demand for payment from EXG.
SPI must comply with the obligations of SPI set out in Schedule 6 and take all reasonable steps that are necessary or reasonably requested by EXG to assist EXG to implement the Scheme as soon as is reasonably practicable having regard to the Timetable and in the most efficient manner for the Scheme Participants and in any event prior to the End Date.
Nothing in this clause 9.3 prevents EXG or SPI from continuing to make normal presentations to, and to respond to enquiries from, brokers, portfolio investors and analysts in the ordinary course in relation to the Merger or its business generally.
On or before the date which is five (5) Business Days before the Second Court Date, SPI must by written notice to EXG nominate the SPI Nominee.
EXG must pay SPI the amount referred to in clause 10.2 within ten (10) Business Days of receipt by EXG of a demand for payment from SPI.
EXG represents and warrants to SPI (on its own behalf and separately as trustee or nominee for each member of the SPI Board) that each of the statements set out in Schedule 7 is true and correct in all material respects as at the date of this agreement and as at 8:00am on the Second Court Date.
Immediately after signing this agreement, EXG and SPI will issue either a joint, or separate public announcements in agreed terms, including a statement by the EXG Directors that, subject to the Independent Expert concluding, and continuing to conclude, that the Scheme is in the best interests of EXG Shareholders, they intend to recommend that EXG Shareholders vote in favour of the Scheme subject to no Superior Proposal being made, in the form substantially set out in Annexure A.
Before 8:00am on the Second Court Date, binding agreements have been entered into in relation to the EXG Performance Rights in accordance with clause 4.8.
Neither SPI nor EXG will settle or compromise (or permit any of its Subsidiaries to settle or compromise) any claim brought in connection with this agreement without the prior written consent of the other, such consent not to be unreasonably withheld.
Before 8:00am on the Second Court Date, binding agreements have been entered into in relation to the Unexpired EXG Options in accordance with clause 4.7.