LMII definition
Examples of LMII in a sentence
Seller agrees and acknowledges that each of TOGII, LMII and LMHII shall be jointly and severally liable for the obligations of Seller under this Agreement.
Subject to the terms and conditions of this Agreement, LMII agrees to sell the issued and outstanding Stock of the Company, and to deliver the certificates evidencing such Stock (the "Certificates"), to Buyer, and Buyer agrees to purchase such Stock from LMII, for the consideration hereinafter set forth.
LMII owns, beneficially and of record, all of the issued and outstanding Stock of the Company.
Parent owns all of the issued and outstanding capital stock of LMII, and LMII owns all of the issued and outstanding capital stock of Lockheed Mar▇▇▇ ▇▇S Corporation, a New York corporation (the "Company").
Such payment shall be made by wire transfer of immediately available funds in U.S. Dollars to an account designated by LMII to Buyer at least one business day prior to the Closing Date.
At the LMII Contribution Closing, the transactions contemplated by the LMII Contribution Agreement will be consummated.
The respective representations, warranties, covenants, and agreements of the Parties contained in this Agreement will survive execution and delivery of this Agreement notwithstanding any investigation made or information obtained by the other Parties, and will also survive the Closing and the LMII Contribution Closing (as defined in the Master Agreement), and will remain in full force and effect without time limit.
Buyer is acquiring the Stock from LMII for its own account, for investment purposes only and not with a view to the distribution thereof.
If there is Net Funded Cash, Buyer shall pay to LMII the amount of such Net Funded Cash, and if there is Net Swept Cash, Sellers shall pay to Buyer the amount of such Net Swept Cash, in either case with simple interest thereon, based on the number of calendar days from the Closing Date to the date of payment at a floating rate per annum equal to the Prime Rate.