Examples of Series B Agreement in a sentence
Upon the effectiveness of this Agreement, the Series B Agreement shall be deemed amended and restated in its entirety by this Agreement, and the Series B Agreement shall be of no further force or effect.
Upon the effectiveness of this Agreement, the Series B Agreement shall be deemed amended and restated in its entirety by this Agreement, and shall be of no further force or effect.
The parties further agree that, apart from an Announcement, the parties will keep the terms and conditions of this Agreement, the Series A Agreement, the Series B Agreement and the Series C Agreement and any other agreements related to or entered into in connection with these agreements (collectively, the "Financing Agreements") in strictest confidence.
Section 4.3 of the Series B Agreement contained a lengthy list of actions that the Company could not take without first securing the approval of holders of a majority in value of the Series B Notes.Section 4.3(b) specified that Invenergy had to secure the necessary vote before engaging in a Material Partial Sale.
Invenergy management calculated at the time that Leaf’s Target Multiple was $95 million.150 One Invenergy strategy was to postpone disclosing the sale to Leaf for as long as possible.151 Another was to explore what would happen “if we do an MPS (where proceeds exceed the Target Multiple) and simply do not offer the TM?”152 Condo told Murphy that he was “happy to ask that of outside counsel,” but he was blunt about what the Series B Agreement contemplated: “I don’t see any plausible way to make that case.