GLDD definition
Examples of GLDD in a sentence
Executive acknowledges and agrees that the Confidential Information (as defined below) of the Company and its subsidiaries and any other entity related to the Company (each, a “GLDD Entity”) that he obtained during the course of his employment by the Company is the property of the Company or such other GLDD Entity.
Executive acknowledges that the agreements and covenants contained in this Article IV are essential to protect the GLDD Entities and their business and are a condition precedent to entering into this Agreement.
Except as may be required by law, the Executive will not disclose or discuss with anyone who is not directing or assisting the Company or any GLDD Entity in any investigation, litigation, claim, or dispute covered by the previous sentence, other than the Executive’s attorney, the fact of or the subject matter of the investigation, litigation, claim, or dispute.
As of the Closing Date, other than that certain charter hire agreement between Fleet, as owner, and GLDD LLC, as charterer, with respect to the ATB, no Fleet Asset owned by a Credit Party is subject to a bareboat charter or a time charter.
Executive acknowledges and agrees that the Confidential Information (as defined below) of the Company and its subsidiaries and any other entity related to the Company (each, a “GLDD Entity”) that Executive obtained during the course of Executive’s employment by the Company is the property of the Company or such other GLDD Entity.
Each Person asked to rely on any covenants or agreements of the Company Representative shall be entitled to rely on the covenants and agreements of the GLDD Investors set forth in Section 11 of this Agreement.
Such D&O Policy shall be in lieu of any other obligation of GLDD, Purchaser, or Company to provide any such indemnification for officers and directors of Company for pre-Closing acts.
Certificates for GLDD Consideration Securities in the form of GLDD stock will bear a legend stating the restrictions on transfer.
Nothing contained in this Section 2.20(b) shall permit GLDD or any of its Subsidiaries to make a disposition of any property other than in accordance with Section 7.1.
Each of MDCP and each Other Investor party hereto as of the date of this Agreement irrevocably agree, after review of the information statement circulated by GLDD in connection with the Merger, that he, she or it is irrevocably waiving all appraisal rights arising under Delaware law that he, she or it may have from the Merger and the Holdco Merger.