Examples of PWM Exchange Shares in a sentence
CBPO is acquiring the PWM Exchange Shares for investment for its own account and not with a view to the distribution thereof in violation of the Securities Act.
The PWM Exchange Shares constitute all of the issued and outstanding share capital of Health Forward, all of which have been duly authorized, validly issued and are fully paid and non-assessable.
Upon transfer of the PWM Exchange Shares at the Closing, CBPO will acquire good and valid title to all of the PWM Exchange Shares, free and clear of any Liens (other than Permitted Liens).
Upon the terms and subject to the conditions of this Agreement, at the Closing, PWM agrees to sell to CBPO the PWM Exchange Shares, and in exchange therefor, CBPO agrees to issue and sell to PWM the CBPO Exchange Shares, in each case, free and clear of all Liens (other than Permitted Liens) and with all rights attaching on and from the Closing.
CBPO understands that (a) the PWM Exchange Shares have not been registered under the Securities Act or any state securities Laws and (b) the PWM Exchange Shares may not be sold unless such disposition is registered under the Securities Act and applicable state securities Laws or is exempt from registration thereunder.
PWM owns the PWM Exchange Shares, beneficially and of record, free and clear of any Liens (other than Permitted Liens).
CBPO acknowledges that it (a) can bear the economic risk of its investment in the PWM Exchange Shares, and (b) has such knowledge and experience in financial or business matters that it is capable of evaluating the merits and risks of the investment in the PWM Exchange Shares.