Interim LLC definition
Examples of Interim LLC in a sentence
As of the date hereof, other than the Equity Rollover Commitments, the Voting Agreement and the Interim LLC Agreement, there are no Contracts between Parent or Merger Sub or any of their Affiliates, on the one hand, and any member of the Company’s management or the Board of Directors of the Company, on the other hand.
On the Closing Date, it is anticipated that the Interim LLC Agreement will be amended and restated and that Parent will enter into employment agreements with each of the Fertittas.
Except as expressly provided in this Agreement, the Merger Agreement or in the Interim LLC Agreement, each party is responsible for its own fees and expenses (including the fees and expenses of financial consultants, investment bankers, accountants and counsel) in connection with the entry into of this Agreement and the consummation of the transactions contemplated hereby.
Gainesville and Texas Roadhouse of Gainesville Interim LLC, a wholly-owned Kentucky limited liability company subsidiary of the Company, shall merge, with Gainesville being the surviving corporation in the merger.
Development and Texas Roadhouse Development Interim LLC, a wholly-owned Kentucky limited liability company subsidiary of the Company, shall merge, with Development being the surviving business entity in the merger.
If Oak Valley consummates an Oak Valley Interim LLC Unit Acquisition or an Oak Valley Interim Cash-LLC Unit Acquisition prior to Closing, the Exchange Consideration to be issued to Oak Valley shall be increased by a number of shares of Earthstone Common Stock equal to the LLC unit portion of the purchase price of such Oak Valley Interim LLC Unit Acquisition divided by 25.98.
Holdings and Texas Roadhouse Holdings Interim LLC, a wholly-owned Kentucky limited liability company subsidiary of the Company, shall merge, with Holdings being the surviving limited liability company in the merger.