Examples of Seanergy Buyer in a sentence
For purposes of this Agreement, Seanergy, Buyer and their subsidiaries shall be deemed to be one party, and Investors and Sellers shall be deemed to be one party.
Prior to the Initial Closing Date, Seanergy, Buyer, and the Sellers shall prepare a press release announcing the consummation of the transactions hereunder (the “Press Release”).
Each of Seanergy, Buyer, and the Sellers shall promptly advise such other party in writing of any event or occurrence which results in or is reasonably likely to result in a Material Adverse Effect on it.
In exercising the foregoing right, each of Seanergy, Buyer, the Sellers and the Investors shall act reasonably and as promptly as practicable.
Seanergy, Buyer, each Seller and each Investor shall further cooperate with each other and use their commercially reasonable efforts to take or cause to be taken all actions, and do or cause to be done all things, reasonable on its part under this Agreement and applicable laws to consummate the transactions hereunder and the other Transaction Documents to which it is a party and the transactions contemplated thereby as soon as practicable.
Does not include up to an aggregate of 2,260,000 shares of Seanergy Buyer common stock issuable to these entities if they convert the Note and up to an aggregate of 4,308,075 shares of Seanergy Buyer common stock issuable to these entities if Seanergy Buyer achieves certain earnings thresholds, for a total of up to an aggregate of 6,568,075, which shares are exchangeable for Seanergy common stock on a one-for-one basis.