Lien means any lien, claim, hypothecation, option, pledge, charge, security interest, equitable interest, or other encumbrance of any nature or kind whatsoever, except for, with respect to the PPSS Georgia Shares or the PPSS Shares, any restrictions imposed by federal, state or provincial securities Laws.
PI has not granted any power of attorney or proxy with respect to any of the PPSS Shares.
Except for the Subsidiaries and as set forth on Schedule 2.2(d), PPSS does not own of record, beneficially or equitably, any direct or indirect equity, investment or other interest in any other Person.
IN NO EVENT SHALL PPS'S LIABILITY OF ANY KIND UNDER THIS AGREEMENT INCLUDE ANY PUNITIVE, PRESUMPTIVE, SPECIAL, EXEMPLARY, CONTINGENT, SPECULATIVE, INDIRECT, INCIDENTAL OR CONSEQUENTIAL LOSSES OR DAMAGES, EVEN IF PPS SHALL HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH POTENTIAL LOSSES OR DAMAGES.
Prior to Closing, PPSS shall use its commercially reasonable efforts to enter into a binding manufacturing agreement with Positron Technologies, Inc.