Istithmar definition
Examples of Istithmar in a sentence
The Purchasing Parties have delivered to Seller Parent the limited guarantee of Istithmar PJSC (“Purchaser Guarantor”), dated as of the date hereof, with respect to certain matters as specified therein (the “Guarantee”), which Guarantee is in full force and effect and is a legal, valid and binding obligation of Purchaser Guarantor.
The parties choose the following addresses for the delivery of all notices and other communications hereunder: To the Owner: c/o Istithmar (PJSC) Emirates Towers, ▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ P.
The Company may require each participating Holder and each participating member of the Istithmar Group as to which any registration is being effected to furnish to the Company such information regarding the distribution of such securities and other matters as may be required to be included in the registration statement.
Contemporaneously with the execution and delivery of this Agreement, Istithmar has purchased an aggregate of 4,500,000 ordinary shares of the Company, par value $0.001 per share, from the Company and certain selling shareholders.
The right of such Holder to have Registrable Securities included in a registration pursuant to this Section 2.3.1 shall be conditioned upon such Holder accepting the timing and terms and conditions of the subject Underwritten Public Offering (as evidenced by each such Holder and, if applicable, any participating member of the Istithmar Group, becoming a party to the applicable underwriting agreement).
Nothing in this Agreement shall be construed to prohibit any Director designated for nomination by Istithmar pursuant to Section 3.2(a) or (c) from taking any action solely in his or her capacity as a member of the Board or from exercising his or her fiduciary duties as a member of the Board or to prohibit any member of the Istithmar Group from voting any Voting Stock in the manner it sees fit in its it sole discretion except as expressly provided for in Section 3.3 of this Agreement.
The Guarantee contemplated by Exhibit C shall contain an obligation on the part of K▇▇▇▇▇▇ International and Istithmar in connection with its obligation to contribute one-half of the Excess Carrying Costs during the period from the 18-month anniversary of the Signing Date until the End Date.
Itfaqat Istithmar Alnafit (oil investment agreement), Available at ▇▇▇.▇▇▇▇▇▇▇.▇▇▇ by 2016 March 22.
The only conditions precedent to the obligations of (i) WLG, SK or HBK or (ii) Istithmar under the Equity Rollover Commitments are those contemplated by the terms of the Equity Rollover Commitments.
As of the date hereof, assuming the accuracy of the Company’s representations and warranties contained herein, neither Parent, Merger Sub nor any direct investor in Parent (or, in Table of Contents the case of WLG, SK or HBK) has any reason to believe that (i) WLG, SK or HBK or (ii) Istithmar will be unable to satisfy on a timely basis any term or condition to be satisfied by it and contained in the Equity Rollover Commitments.