NAJV definition

NAJV has the meaning set forth in the recitals.

Examples of NAJV in a sentence

  • This Put Option is separate from any put option under the NAJV Term Sheet relating to the NAJV Stock Consideration.

  • Certain terms to be included in the Company Shareholders’ Agreement are set forth in this Option Agreement under the following sections: “Management and Operation of the Company,” “Distributions to Company Shareholders,” and “Transfers of Company Shares.” The Buyer and the Sellers expect the Company Shareholders’ Agreement will incorporate and supersede similar terms of the NAJV Term Sheet.

  • The Parties acknowledge and agree that if the Option is not Exercised, the NAJV Term Sheet shall remain in effect, but modified as specifically provided herein.

  • The Parties acknowledge and agree that subject to the terms of this Option Agreement, the Definitive Agreements will harmonize the terms of the NAJV Term Sheet with the terms of this Option Agreement.

  • Indemnification obligations of the Sellers shall be satisfied, first, by the return of SFX shares issued to Sellers in connection with the transactions (including the NAJV Stock Consideration), at a price per share of $10 per share.

  • Further, upon the Exercise, the $7,500,000 constituting the Advance shall be deemed to constitute additional cash consideration payable by the Buyer for the Exercise of the Option and shall no longer be deemed to be an advance under the NAJV Term Sheet (which shall be deemed amended to reflect such characterization).

  • The parties agree that this right supersedes and replaces Seller’s right to appoint a board observer pursuant to the NAJV Term Sheet, and the NAJV Term Sheet shall be deemed amended to remove ID&T’s right to appoint a board observer.

  • The Parent and the Seller shall cause the NAJV Board to provide each of the Parent and the Seller, no later than 90 days after the end of each Earnout Year, a report (an “Accounting Report”) setting forth in reasonable detail, along with all applicable worksheets, the NAJV Board’s computation of the EBITDA for such Earnout Year.

  • Other than the NAJV Equity, the ID&T USA Equity, and the Belgium JV Equity, the Company (i) does not have a direct or indirect ownership interest in (or any right to acquire any direct or indirect ownership in) any Person, including any joint venture, partnership or similar organization, (ii) has not made any loan to, extended credit to, or owns debt of any Person, or (iii) has guaranteed the obligations of any Person or has had its obligations guaranteed by any Person.

  • Notwithstanding anything in this Amendment, the Amended SPA, the SFX Stockholder Agreement, the ID&T International SPA, or any of the Ancillary Documents to the contrary, the NAJV Documents will survive upon the occurrence of the Closing.

Related to NAJV

  • JV means Joint Ventures

  • JV Entity means any joint venture of the Borrower or any Restricted Subsidiary that is not a Subsidiary.

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • Blocker means an employee engaged in one or more of the following operations in a Millinery Sector establishment:

  • EXCO means EXCO Resources, Inc., a Texas corporation.