GRWW definition
Examples of GRWW in a sentence
Notwithstanding the foregoing, GRWW has not disclosed to ARBK any material nonpublic information and will not disclose such information unless such information is disclosed to the public prior to or promptly following such disclosure to ARBK.
ARBK and its advisors, if any, have been, and for so long as the Securities remain outstanding will continue to be, furnished with all materials relating to the business, finances and operations of GRWW which have been requested by ARBK or its advisors.
ARBK and its advisors, if any, have been, and for so long as the Securities remain outstanding will continue to be, afforded the opportunity to ask questions of GRWW.
GRWW, NIR and certain affiliates of NIR also entered into a Release Agreement, dated as of March 22, 2007, under which the parties agreed to terminate any prior agreements among the parties and to release the other parties from any potential claims.
At the closing hereof, NIR shall surrender to GRWW for cancellation the Existing Warrants, and GRWW shall deliver to NIR the New Warrants, in the form of attached Exhibit C.
ARBK understands that the Securities are being offered and sold to it in reliance upon specific exemptions from the registration requirements of United States federal and state securities laws and that GRWW is relying upon the truth and accuracy of, and ARBK’s compliance with, the representations, warranties, agreements, acknowledgments and understandings of ARBK set forth herein in order to determine the availability of such exemptions and the eligibility of ARBK to acquire the Securities.
The transactions contemplated by the Purchase Agreement resulted in a new funding of $625,000 into GRWW and a restructuring of GRWW’s relationship with NIR.
GRWW agrees to cooperate with ARBK to effectuate a clear transition of all control of corporate matters to ARBK after closing.
Each of ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, and ▇▇▇ ▇▇▇▇▇▇▇▇▇ shall resign as members of the GRWW board of directors as of the time of execution of this Agreement and the holders of GRWW Series A Stock shall have appointed ▇▇▇ ▇▇▇▇ as the sole director of GRWW.
NIR hereby releases GRWW from its obligations relating to the Assumed Debt in consideration for those callable secured convertible notes in the aggregate principal amount of $3,903,750 issued by ARBK, in the form of attached Exhibit A, and those callable secured convertible notes in the aggregate principal amount of $3,903,750 issued by GRWW, in the form of attached Exhibit B.