Shareholder Property definition

Shareholder Property has the meaning given it in Section 4.8.
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Shareholder Property shall have the meaning set forth in Section 4.5(a) hereof.
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Shareholder Property means any of the Leased Real Property which, after giving effect to the Stock Purchase Transaction and Restructuring Transactions, is directly or indirectly owned by any Shareholder (or Affiliate thereof) or any other real property directly or indirectly owned by any Shareholder (or Affiliate thereof) that is hereafter leased to any member of the Dominick's Group.
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Examples of Shareholder Property in a sentence

  • Neither the Seller nor any owner of any Intellectual Property included in the Shareholder Property has granted any license, sublicense or permission with respect to any Intellectual Property owned or used in the Seller's business.

  • To the best knowledge of the Seller and the Shareholders, no other Person has interfered with, infringed upon, misappropriated or otherwise come into conflict with any Intellectual Property rights of the Seller or any Intellectual Property included in the Shareholder Property.

  • As of the Closing, all of the Acquired Assets (including all of the Shareholder Property) will be owned by the Seller, free and clear of all Encumbrances, and the Seller will have good and marketable title to all the Acquired Assets.

  • Prior to the Closing Date, the Shareholders shall convey, and shall cause each relative or affiliate of the Seller or of any Shareholder to convey, to the Seller, free and clear of any Encumbrance or Tax, all of each Shareholder's and each such relative's or affiliate's right, title and interest to the Shareholder Property.

  • In the event that any of the Shareholder Property is leased rather than owned by a Shareholder or relative or affiliate of the Company or of such Shareholder, the Shareholders shall cause the lessee thereof to purchase such property prior to the Closing Date in order to be able to convey it to the Company as required by this Section.

  • Prior to the Closing Date, the Shareholders shall convey, and shall cause each relative or affiliate of the Company or of any Shareholder to convey, to the Company, free and clear of any Encumbrance or Tax, all of each Shareholder's and each such relative's or affiliate's right, title and interest to the Shareholder Property.

  • Neither the Company nor any owner of any Intellectual Property included in the Shareholder Property has granted any license, sublicense or permission with respect to any Intellectual Property owned or used in the Company's business.

  • In the event that any of the Shareholder Property is leased rather than owned by a Shareholder or relative or affiliate of the Company or of the Shareholder, the Shareholder shall cause the lessee thereof to purchase such property prior to the Closing Date in order to be able to convey it to the Company as required by this Section.

  • As of the Closing, all of the Acquired Assets (including all of the Shareholder Property) will be owned by the Seller, free and clear of all Encumbrances, and the Seller will have good and marketable title to (or, in the case of Acquired Assets that are leased, valid leasehold interests in) all the Acquired Assets.

  • Prior to the Closing Date, the Shareholders shall convey, and shall cause Alic▇▇ ▇▇▇▇▇▇▇ ▇▇▇ each relative or affiliate of the Seller or of any Shareholder to convey, to the Seller, free and clear of any Encumbrance or Tax, all of each Shareholder's, Ms. ▇▇▇▇▇▇▇'▇ ▇▇▇ each such relative's or affiliate's right, title and interest to the Shareholder Property.