Mycosol definition

Mycosol means Mycosol, Inc., a corporation incorporated under the laws of Delaware, and except where the context otherwise requires includes Elion Medical Inc., a wholly-owned subsidiary of Mycosol, Inc., a corporation incorporated under the laws of Delaware, or Mycosol’s successors and permitted assigns;
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Examples of Mycosol in a sentence

  • All of the terms, covenants and agreements set forth in this Agreement to be complied with or performed by Veridien or Mycosol at or before Closing shall have been complied with or performed by Veridien or Mycosol, as the case may be, on or before Closing.

  • Provided that Investor has completed the Initial Investment, R▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ is invited, at his option, at any time before the first anniversary of the Initial Closing, to join the board of directors of Mycosol.

  • Subject to oversight by the executive committee, Mycosol shall be free to deal with its assets in the ordinary course of business.

  • Investor will pay to Veridien the purchase price for the Additional Mycosol Common Shares by certified cheque or wire transfer of immediately available funds at Additional Investment Closing against delivery: (a) by Veridien of the documents prescribed in subparagraph 3(b) of Schedule 2.3, and (b) by Mycosol of the documents prescribed in paragraph 5 of Schedule 2.3.

  • Except as contemplated herein and in the Final Pro Forma Capitalization Chart attached hereto as Exhibit 2, as of the date hereof no person has any option, warrant or other right to acquire any Mycosol Common Shares.

  • If Mycosol receives purchase offers in respect of these rights from other parties (other than a Related Party of Mycosol or Veridien), Veridien will have 90 days to match the best offer received by Mycosol.

  • No portion of the Business is carried on by any person other than Mycosol or a person contracted to do so by Mycosol.

  • The term of this Agreement will begin on the Effective Date, immediately following the completion of the “Corporation Spin-off Butterfly” transactions as part of the Arrangement, and will continue in full force and effect, in perpetuity, until terminated in accordance with Section 8.2.

  • Since June 30, 2004, there has not been any material adverse change in the Business or the financial condition of the Business and Mycosol has not created, incurred or assumed or agreed to create, incur or assume any long-term debt (including obligations in respect of capital leases) except in the ordinary course of business and consistent with past practice under currently existing credit facilities.

  • Mycosol is the registered and beneficial owner of all of the issued and outstanding shares in the capital stock of Elion and there is no agreement, option or other right or privilege outstanding in favour of any person for the purchase from Mycosol or acquisition from Elion of the shares of Elion or of any rights to acquire any such shares.