SLTI definition
Examples of SLTI in a sentence
SLP III and SLTI III shall jointly appoint the director designees of the Equity Investors.
Each of SL Cayman and SLTI Cayman is an exempted limited partnership duly formed, registered, validly existing and in good standing under the laws of the Cayman Islands.
Seller shall bear and reimburse Purchaser for any costs and expenses arising after the Closing Date in connection with the dissolution of SLTI, including any severance or other amounts owed to any employee of SLTI.
The Company agrees to sell and issue to SL Cayman Ordinary Shares equal to $69,540,000 divided by the IPO Price and to sell and issue to SLTI Cayman Ordinary Shares equal to $5,460,000 divided by the IPO Price, such number of shares rounded down to the nearest whole share (with the total purchase price correspondingly reduced for such fractional share amount).
Subject to the terms and conditions of this Agreement, the Investors agree to purchase from the Company, and the Company agrees to sell and issue to SL Cayman and SLTI Cayman, ordinary shares of the Company, par value $0.02 per share (the “Ordinary Shares”), at a price per share equal to the per share initial public offering price (before underwriting discounts and expenses) in the Qualified IPO (as defined below) (the “IPO Price”).