Examples of Nuprim in a sentence
Motif and Nuprim Shareholders on behalf of Nuprim shall cause (i) articles of merger to be properly executed and filed on the Closing Date with the Secretary of State for the State of Maryland, in the form substantially attached hereto as Exhibit D (“Articles of Merger”), and (ii) a certificate of merger to be properly executed and filed on the Closing Date with the Secretary of State for the State of Delaware, in the form substantially attached hereto as Exhibit E (the “Certificate of Merger”).
Neither Nuprim nor Nuprim Shareholders have received any notice of cancellation or non-renewal or of significant premium increases with respect to any such policy.
Motif will not be obligated to inquire as to the authority of Nuprim Shareholders’ Representative with respect to the taking of any action that Nuprim Shareholders’ Representative takes on behalf of Nuprim Shareholders.
The execution and delivery of this Agreement by Nuprim Shareholders and the consummation by Nuprim of the Transactions have been duly and validly authorized by all necessary corporate action, and no other corporate proceedings on the part of Nuprim are necessary to authorize this Agreement or to consummate the Transactions.
If Nuprim Shareholders’ Representative resigns, dies or becomes incapacitated, his successor will be appointed by Nuprim Shareholders owning a majority of the Nuprim Shares.
During the Pre-Closing Period, Nuprim, Nuprim Shareholders’ Representative and Nuprim Shareholders will deal exclusively with Motif in connection with the proposed Transaction.
Motif and Nuprim Shareholders agree to treat any amounts payable after the Closing by Nuprim Shareholders to Motif (or by Motif to Nuprim Shareholders) pursuant to this Agreement as an adjustment to the purchase price, unless a final determination by the appropriate Taxing Authority or court causes any such payment not to be treated as an adjustment to the purchase price for Tax purposes.
Schedule 5.20 lists and briefly describes each insurance policy maintained by Nuprim with respect to the operations of Nuprim’s Business and sets forth the date of expiration of each such insurance policy (the “Company Insurance Policies”).
If Motif and Nuprim Shareholders’ Representative cannot resolve any disputed item, the item in question shall be resolved by the neutral arbitrator as promptly as practicable (in accordance with the provisions of this Section 8.11), whose determination shall be final and conclusive for purposes of this Section 8.11.
To the extent permitted or required, the taxable year of Nuprim that includes the Closing Date shall close as of the end of the Closing Date.