Operating Sub definition

Operating Sub shall have the meaning given in Section 2.2.

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Operating Sub means Glucotrack Technologies Inc., a Nevada corporation and wholly owned subsidiary of the Company.

Operating Sub has the meaning specified in the Preamble hereto.

Examples of Operating Sub in a sentence

Notwithstanding the foregoing or anything herein to the contrary, until the later of the time when (i) the Operating Sub receives the $1,500,000 from the Initial PIPE Closing or (ii) at least fifty percent (50%) of the net proceeds are legally available for distribution, the Operating Sub will receive 100% of the net proceeds of such sales, to the extent legally available.
For the avoidance of doubt, no post-closing expense, cost, liability, or obligation of the Acquiror shall be borne by, charged against, or funded from the Operating Sub or the Subsidiary Contribution (defined below), including, without limitation, expenses incurred by the Acquiror pursuant to Sections 7.11, 7.12, and 8.02.
The Operating Business shall be maintained within the Operating Sub and shall continue to be conducted in the ordinary course of business consistent with past practice.
The Chief Executive Officer and President of the Operating Sub shall be P▇▇▇ ▇.
All outstanding Equity Securities of Merger Sub and Operating Sub are validly issued, fully paid and non-assessable, and are not subject to preemptive rights or any other Liens (other than Liens arising pursuant to applicable Securities Laws).

More Definitions of Operating Sub

Operating Sub shall have the meaning given in Section 6.1.

Operating Sub shall have the meaning set forth in Section 3.2(a) of this Agreement.

Operating Sub means each of Regent of San Diego, Regent of Flagstaff, Regent of Kingman, Regent of Lake Tahoe, Regent of Chico, Regent of Redd▇▇▇, ▇▇gent of Palmdale, Regent of Victorville, Regent of Flint, Regent of Mansfield, Regent of Lexington, Regent of Charleston, and each other Subsidiary of Company (other than a License Sub) created or acquired in connection with a Permitted Acquisition for the purposes of operating any Station and "OPERATING SUBS" means all such Operating Subs.

Operating Sub shall have the meaning set forth in the first paragraph of this Agreement.

Operating Sub has the meaning ascribed thereto under “Solicitation of Proxies”;

Operating Sub shall have the meaning set forth in the recitals.

Operating Sub means Rice Drilling B LLC, a Delaware limited liability company.