Purchased Shares definition
Examples of Purchased Shares in a sentence
Additionally, the Vendors shall deliver at Closing Time, the shareholders' meeting minutes of the Company authorizing the sale and transfer of the Purchased Shares to the Purchasers, duly formalized under applicable Law in Mexico.
The Vendors may retain any Tax Returns, and the Purchasers shall be provided with copies of such Tax Returns if they relate to the Purchased Shares.
At the Closing Time, the Closing shall be effected through the execution and delivery of the endorsement in ownership of the existing share certificates representing the Purchased Shares in favor of the Purchasers.
The Purchasers shall not be obligated to complete the transactions contemplated by this Agreement, including the purchase of the Purchased Shares, unless, at or before the Closing Time, each of the conditions listed below in this Section 4.1 has been satisfied (or, where permitted by applicable Law, waived by the Purchasers), it being understood that such conditions are included for the exclusive benefit of the Purchasers.
There is no injunction, order, judgment, consent decree, or settlement agreement, currently in effect against the Company, or against any of the officers or directors of the Company (in their capacity as such), or against the Purchased Shares, the Bolañitos Mine, or against any license, registration or Permit required or used in the operation of the Bolañitos Mine.