Share Assets definition
Examples of Share Assets in a sentence
The Corporation has not entered into any voting trust, vote pooling or other agreement with respect to the right to vote, call meetings of shareholders or give consents or approvals of any kind as to the Target Shares and no such agreements exist with respect to the Target Shares; and (iii) As at the date of this Agreement, the Corporation is the registered and beneficial owner of the Non-Target Share Assets with good and marketable title thereto, free and clear of any and all Liens.
Notwithstanding the foregoing sentence, there shall be no time limit on the representations and warranties of the Vendor set out in Articles 3, 4 and 5 which relate to the incorporation of the Vendor, the due authorization of this Agreement by the Vendor, the enforceability of the Vendor’s obligations under this Agreement, title to the Shares of the Corporation or matters relating to Taxes and/or the Non-Target Share Assets.
The Corporation is a single purpose corporation the sole purpose of which is (i) as at the date of this Agreement, holding the Target Shares, the Non-Target Share Assets, the Corporation Loan and the Target Loan; and (ii) as at the Closing Time, holding the Target Shares, the Corporation Loan and the Target Loan.
Seller represents and warrants that it has sufficient rights to transfer its interest in the Shared Assets to Buyer, and that upon, consummation of the transactions contemplated hereby, Seller shall have transferred to Buyer all of Seller’s ownership interest in the Share Assets.