Multigame definition
Examples of Multigame in a sentence
Multigame is the beneficial owner of a 70% equity interest in Multigioco Srl., a corporation lawfully organized and currently existing under the laws of the Republic of Italy ("Multigioco").
The total minimum Amount of Consideration as set out in this section 3.1 payable by the Company in exchange for 100% of the capital stock of both subsidiary entities Multigame Enterprise Limited and Multigioco Srl, if earn-out performance described in section 3.1 b; c; and d is not achieved is Euro 750,000 (Seven Hundred and Fifty Euro Dollars) plus 3,000,000 shares of common stock of EMGL.
As of the date hereof, there is no action, claim, suit, proceeding or governmental investigation pending or, to the knowledge of the Investors, threatened, that would, individually or in the aggregate, result in a Material Adverse Effect upon the Investors and/or Multigame.
On the Closing Date (as such capitalized terms is defined in section 8.1), in accordance with the provisions of this Agreement and applicable law, the Investors will contribute, assign, transfer and convey to EMGL, and EMGL will acquire and receive from the Investors, the Multigame Equity Interest, free and clear of all liens and encumbrances of any kind whatsoever (the "Exchange Transaction").
The Multigame Equity Interest has been duly authorized, is validly issued and outstanding, is fully paid for and non-assessable, and no liability attaches to the holders of the Multigame Equity Interest.
The total maximum Amount of Consideration as set out in this section 3.1 payable by the Company in exchange for 100% of the capital stock of both subsidiary entities Multigame Enterprise Limited and Multigioco Srl, if maximum earn-out performance described in section 3.1 b; c; and d is achieved is Euro 3,000,000 (Three Million Euro Dollars) plus 3,000,000 shares of common stock of EMGL.