Sirit definition
Examples of Sirit in a sentence
Payment shall be by certified check or other good funds, including wire transfer to counsel for Sirit by 12:00 Noon, July __, 2000.
Able shall use its commercially reasonable best efforts (i) to cause Sirit to enter into the Sirit Support Agreement in the form attached as Exhibit C, and (ii) to satisfy all of its applicable obligations under the Sirit Settlement.
The closing of any Triggering Transaction in which Sirit has elected to participate, discharges every obligation of Able under this Agreement except for those contained in the Surviving Sections and requires Sirit to file the dismissal with prejudice of the WorldCom Litigation pursuant to Section III.
The mere issuance of options (or any other right to receive common shares) to a third party does not permit Sirit to acquire additional shares, provided the issuance of the options (or other rights to receive common shares) does not entitle the recipient to voting rights.
Federal Signal Asia Holdings Limited (Hong Kong) N/A N/A 100% Federal Signal Technologies (Hong Kong) Limited Sirit Corp.
Notwithstanding any other provision of this Agreement, any event that gives Sirit the right to execute upon the $20 million Consent Judgment (including the expiration of the 5-day period without cure or payment) shall also give Sirit any right it then may have to reinstitute the WorldCom Litigation.
The Company hereby grants Director the right and option (hereinafter called the "Option") to purchase all or any part of the aggregate of thirty-six thousand (36,000) shares of the Company's common stock at the option price equal to $3.10 per share on the terms and conditions set forth in this agreement and in the Plan.
Within 20 business days after the execution of this Agreement, Able shall provide to Sirit an agreement between Gide▇▇ ▇▇▇▇▇▇ ▇▇▇ Able which will provide that Tayl▇▇ ▇▇▇l agree to vote any common shares he may have in favor of the issuance of the Sirit Shares and any matters related to this Settlement Agreement.
In the event that Sirit is entitled to Anti-Dilution Shares during the two years following issuance of the Sirit Shares, Able will undertake to make prompt regulatory filings in order to register the additional shares.
Sirit and Able represent and warrant that, among them, they have authority to enter into this Agreement on behalf of all the Sirit Parties and all the Able Parties respectively.