Examples of Partial Acquisition in a sentence
Simultaneously with the execution of this Agreement, Acquisition Sub and the Company shall execute and deliver the Stockholder Rights Agreement, which will become effective only upon the consummation of a Partial Acquisition.
In the event that the Merger Agreement is validly terminated in accordance with its terms prior to a Partial Acquisition or if the Merger Condition is satisfied, this Agreement shall automatically and immediately terminate and become null and void and be of no further force or effect, and the parties shall have no obligations hereunder.
Subject to Section 8.6(a), this Agreement shall automatically terminate upon the consummation of a Partial Acquisition.
This Agreement shall be binding upon each party upon such party’s execution and delivery of this Agreement, but this Agreement shall only become effective upon the consummation of a Partial Acquisition (the “Effective Date”).
The Company and Acquisition Sub also entered into a Stockholders’ Rights Agreement dated as of April 27, 2016 (the “Stockholder Rights Agreement”), which became effective as a result of the occurrence of a Partial Acquisition.