Party D definition
Examples of Party D in a sentence
Party A and Party B entered into the “Astra Equity-for-Share Merger Agreement” on February 28, 2025, and agreed to complete the merger through a share swap arrangement; and Party A, Party B, Party C, and Party D wish to further clarify the arrangements concerning the relevant share issuance, registration, and lock-up periods.
Party B, Party C, and Party D jointly and severally covenant and warrant that the transfer of the equity interest in Party B shall be in full compliance with all applicable laws and regulations and that they shall undertake all necessary filing and disclosure procedures.
The escrow arrangement for the account shall be terminated, and the shares therein shall be transferred to the sole ownership and control of Party C and Party D, upon the successful registration of Party B’s intellectual property with the relevant government authorities.