Signing Date definition
Examples of Signing Date in a sentence
Such Shareholder has the sole right to vote the Subject Shares, and none of the Subject Shares is subject to any voting trust or other agreement, arrangement or restriction with respect to the voting of the Subject Shares, except as contemplated by this Agreement and the voting and other arrangements under the Company Organizational Documents (as of the Signing Date and as it may be amended with Mountain Crest’s approval).
The Sponsor irrevocably and unconditionally agrees that, from the Signing Date and until the termination of this Agreement, the Sponsor shall not elect to cause Mountain Crest to redeem any Sponsor Shares now or at any time legally or beneficially owned by Sponsor, or submit or surrender any of its Sponsor Shares for redemption, in connection with the Transactions or otherwise.
As long as any Holder, Sponsor, or Legacy Mountain Crest Holder shall own Registrable Securities, PubCo, at all times while it shall be a reporting company under the Exchange Act, covenants to use commercially reasonable efforts to file timely (or obtain extensions and file within the applicable grace period) all reports required to be filed by PubCo after the Signing Date under Sections 13(a) or 15(d) of the Exchange Act.
Sponsor shall, and shall cause its affiliates and representatives to, immediately cease any and all existing discussions or negotiations with any Person (other than with the Company, its shareholders and their respective affiliates and Representatives) conducted before the Signing Date with respect to, or which is reasonably likely to give rise to or result in, a business combination proposal.
The Purchaser represents and warrants to the Sellers that each of the statements set out under Clause 10.1 and this Clause 16 (the “Purchaser’s R&W”) is true and correct at the Signing Date and shall be true and correct as at the Closing Date (except for such Purchaser’s R&Ws expressed to be made as of a specific date, which shall only be true as of such date).