Southern definition
Examples of Southern in a sentence
For the avoidance of doubt and without limiting Southern’s rights hereunder, Southern shall be a beneficiary of, and entitled to enforce, the rights of the Company under Section 2.03 (Proxy) to the extent not being enforced by the Company.
This proxy, if it becomes effective, is coupled with an interest, is given as an additional inducement of the Company and Southern to enter into the Merger Agreement and shall be irrevocable prior to the Effective Time, at which time any such proxy shall terminate and be released.
Neither the Company, Southern nor any Person may exercise this proxy on any matter, or in circumstance, except as provided above.
The Securityholder understands and acknowledges that the Company and Southern are entering into the Merger Agreement in reliance upon the execution and delivery of this Agreement by the Securityholder and the representations and warranties of the Securityholder contained herein.
The Securityholder is a sophisticated holder with respect to the Covered Shares and has adequate information concerning the transactions contemplated by the Merger Agreement and concerning the business and financial condition of Southern and the Company to make an informed decision regarding the matters referred to herein and has independently, based on such information as the Securityholder has deemed appropriate, made the Securityholder’s own analysis and decision to enter into this Agreement.