Panini Entities definition
Examples of Panini Entities in a sentence
In addition, Newco shall permit the Panini Entities to assign the Panini Sticker Agreement to any other entity in connection with any subsequent sale of Panini except to a Designated Competitor.
Notwithstanding anything else contained herein to the contrary, the Panini Sticker Agreement shall be assumed and all amounts owing by any of the Panini Entities to any of the Debtors on or prior to the Consummation Date shall, at the election of the Secured Lenders, (a) be forgiven or (b) such obligations shall become part of the Assigned Panini Intercompany Claims and be assigned to the Panini Lenders.
On the Consummation Date, the closing of the Transaction shall occur in accordance with the Merger Agreement on the terms and subject to the conditions contained in such Merger Agreement, free and clear of all Liens, claims, encumbrances and interests (but subject to the Liens of the Panini Lenders to the extent such Liens attach to the Panini Stock or any of the assets of the Panini Entities).
In addition, Newco shall permit the Panini Entities to assign the Panini Comic Distribution Agreement, as modified, to any other entity in connection with a sale of the Panini Entities except to a Designated Competitor.