MM Shares definition
Examples of MM Shares in a sentence
At the Effective Time, each outstanding option to purchase MM Shares (a "MM Stock Option" or collectively, "MM Stock Options") issued pursuant to any MM Stock Option Plan or MM Long Term Incentive Plan whether vested or not, shall be canceled.
Further, during the term hereof and for 12 months thereafter, unless SITI does not exercise its option to acquire the remaining MM Shares at the end of the Launch Phase or exercises its option to terminate this Agreement at the end of the Start-Up Phase pursuant to Section 6(a) hereof, neither Individual shall solicit, employ or otherwise, engage, as an employee, independent consultant or otherwise, any person who is an employee of MM at such time or at the time of termination, as the case may be.
The undersigned voluntarily assume full responsibility for any risk of flood-related property damage arising from the undersigned proceeding with the New Construction.
Seller has no commitment or legal obligation, absolute or contingent, to any person or firm other than Buyer, to (i) sell, assign or transfer all or substantially all of the MD Shares or MM Shares, (ii) effect any merger, consolidation or other reorganization of Seller, or (iii) enter into an agreement which would conflict with this Agreement.
All of the outstanding MM Shares have been duly authorized and validly issued, and are fully paid, non-assessable and free of preemptive rights.
There are no outstanding options, rights, agreements, commitments or demands of any character relating to the acquisition of the MD Shares or MM Shares by any party other than Buyer.
None of the MM Shares were issued in violation of any Contract to which Seller or any member of the Company Group is a party or is subject to or in violation of any preemptive or similar rights of any Person.
The MM Shares were issued in compliance in all material respects applicable Laws and the Governing Documents of MM.
The number of MM Shares to be sold by each member of the Barington Group and the Ramius Group and the portion of the MM Purchase Price that each member of the Barington Group and the Ramius Group shall be paid is set forth on Schedule 2.2(a).
MD owns all of the issuance and outstanding MM Shares and has good and marketable title to all of the MM Shares free and clear of all mortgages, pledges, security interests, charges, liens, restrictions and encumbrances of any kind (collectively, “Liens”) whatsover.