Examples of Horizon Agreement in a sentence
That The Vertical Horizon Agreement, Attached Hereto As Attachment "A" and by This Reference Fully Incorporated Herein, Is Hereby Approved and Adopted; and That the City Manager Is Authorized More Fully Negotiate Any Remaining Details under the Agreement On Behalf Of the City and Then to Sign, and the City Recorder Authorized to Attest, Any And All Documents Necessary At This Time, Or Subsequently, To Effect This Authorization And Approval.
On 30 August 2023, the Company announced that it had entered into an option agreement (Horizon Agreement) with Horizon Minerals Limited (ACN 007 761 186) (Horizon) , whereby for a period of 24 months the Company has the option to acquire from Horizon an 85% interest in various minerals tenements in the Kalgoorlie region, Western Australia.
Further, in connection with the execution of the Horizon Agreement, the Company issued to Horizon warrants to purchase 140,000 shares of the Company’s Series B convertible preferred stock.
Defendant has not shown that his trial counsel’s performance fellow below objective standards of reasonableness.
The Committee shall have the power to change the duration of Offerings (including the Offering Commencement Date) with respect to future Offerings without shareholder approval is such change is announced at least five (5) days prior to the scheduled beginning of the first Offering to be affected thereafter.
Part of the consideration for the Horizon Agreement was the issue by the Company of 3,234,327 Shares (Horizon Shares) to Horizon at $0.0773 per share (total $250,000).
IMV is party to the Horizon Agreement, pursuant to which Horizon and Powerscourt (collectively, the “ Lenders”) agreed to make available to IMV various loans which, in the aggregate, total $33.85 million and were to be disbursed upon the achievement of certain milestones (the “Venture Loan”).
Madam Fu claimed (in the Company’s submissions which she endorsed) that she had no knowledge of the Loans before Mr Yang and Irena requested her to personally guarantee the Merit Horizon Agreement.
The Company may terminate the Horizon Agreement without cause at any time upon 30 days prior written notice to Horizon.In February 2018 the Company entered two license agreements (the “Horizon SSI License Agreement” and the “Horizon Transposase License Agreement”) with Horizon, collectively referred to as the Horizon License Agreements.
However there was a real and obvious concern as to whether there were some side arrangements involving Irena/ Madam Fu on one hand and the Borrower/ Merit Horizon on the other hand given the fact that (i) there was no apparent commercial rationale for Irena/ Madam Fu to guarantee the Loans and for Merit Horizon to enter into the Merit Horizon Agreement, and (ii) the Loans and the Merit Horizon Agreement were both proposed and arranged by a representative of Irena.