JOL definition
Examples of JOL in a sentence
JOL has purchased from the Company Notes dated (i) as of August 14, 1997, as amended as of March 31, 1999, in the outstanding principal amount of $500,000 (the "JOL August 1997 Note") and (ii) as of December 30, 1997, as amended as of March 31, 1999, in the outstanding principal amount of $1,000,000 (together with the JOL August 1997 Note, the "JOL Notes"; the JOL Notes and the GECC Notes are referred to herein collectively as the "Notes").
The Company, GECC and JOL are parties to a Supplemental Securities Purchase Agreement dated as of August 14, 1997 (as amended on September 14, 1999 and December 14, 1999, the "Supplemental Purchase Agreement") relating to the Notes.
JOL shall be sent contemporaneously a copy of any notices or communications under this Section 6.14 in accordance with the notice provisions set forth in Section 12.6.
This Agreement may be assigned by GECC or JOL to any transferee of Notes.
Each Party hereby irrevocably waives its Pre-emptive Right with respect to the JOL Shares and any Option Shares.
It is accordingly agreed that GECC and JOL shall be entitled to an injunction to prevent breaches of the provisions of this Agreement and to enforce specifically the terms and provisions hereof in any court of the United States or any state thereof having jurisdiction, this being in addition to any other remedy to which they may be entitled at law or equity.
The Company agrees to pay GECC and JOL for all reasonable outside legal fees in connection with this Agreement.
Further, the Parties acknowledge that by executing this Agreement, OMAG and JOL waive their pre-emption rights as set out in Article 149 of the Companies Law in favor of the New Shareholders in respect of the Shares to be issued to the New Shareholders pursuant to this Agreement.
JOL has purchased from the Company Notes dated (i) as of August 14, 1997, as amended as of March 31, 1999 and January 11, 2000, in the outstanding principal amount of $500,000 (the "JOL August 1997 Note") and (ii) as of December 30, 1997, as amended as of March 31, 1999 and January 11, 2000, in the outstanding principal amount of $1,000,000 (together with the JOL August 1997 Note, the "JOL Notes"; the JOL Notes and the GECC Notes are referred to herein collectively as the "Notes").
The Company, GECC and JOL desire to amend certain provisions of the Supplemental Purchase Agreement.