NEWN definition
Examples of NEWN in a sentence
No fraction of a share of NEWN Common Stock shall be issued in the Exchange.
On the Closing Date, shares of NEWN Common Stock shall be eligible for quotation on the OTC Bulletin Board.
In lieu of fractional shares, the Shareholders upon surrender of their Certificates as set forth in Section 1.3 shall be paid an amount in cash, without interest, rounded to the nearest cent, determined by multiplying the fractional interest to which such Shareholder would otherwise be entitled by the Average NEWN Stock Price as of the date on which this Agreement has been signed by all parties.
Upon the terms and subject to all of the conditions contained herein, each of the Shareholders hereby agrees to sell, assign, transfer and deliver to NEWN, and NEWN hereby agrees to purchase and accept from each of the Shareholders, on the Closing Date, the Shares.
NEWN is duly qualified, licensed or domesticated as a foreign corporation in good standing in each jurisdiction wherein the nature of its activities or its properties owned or leased requires such qualification, licensing or domestication, except where the failure to be so qualified, licensed or domesticated will not have a Material Adverse Effect.
At the Closing, NEWN will be vested with good and marketable title to the Shares, free and clear of all Liens (including, without limitation, any claims of spouses under applicable community property laws).
Each of Anytone International and Anytone has made available to NEWN, prior to the date of this Agreement, true, correct and complete copies of all insurance and general liability policies maintained by Anytone International and Anytone on their properties and assets.
Each of Anytone International and Anytone has made available to NEWN a copy of each material written inspection report, questionnaire, inquiry, demand or request for information received by Anytone International or Anytone from (and the response of Anytone International or Anytone thereto), and each material written statement, report or other document filed by Anytone International or Anytone with, any Governmental Body since the Formation Date.
Transferee will pay the rest USD$ 11,000,000 by issuing the NEWN Shares within 3 days after the transfer of Transferor’s shares to Transferee have been recorded with the relevant government agency.
Anytone International , Anytone and the Shareholders shall reasonably cooperate with NEWN in its of the books and records of Anytone International and Anytone, or in preparing any solicitation materials to be sent to the shareholders of NEWN in connection with the approval of the Exchange and the transactions contemplated by the Transactional Agreements.