SPHI definition
Examples of SPHI in a sentence
The Parent shall not cause or permit the Company or SPHI to take any action, or fail to take any action, which would result in a violation of any term or condition of this Agreement.
The Company will not, and will not permit SPHI to, engage in any business other than the ownership, operation and disposition of Real Estate Assets and activities reasonably related thereto.
Parent does not waive and may exercise any defenses, rights of set-off, counterclaims and other rights to which SPHI or any Parent Subsidiary is or may be entitled under the Obligations and any rights of set-off as between Parent and Obligee to the extent so permitted by applicable law.
None of the Parent, the Company or SPHI is, or is directly or indirectly controlled by, or acting on behalf of any Person which is, an "investment company" within the meaning of the Investment Company Act of 1940, as amended.
USDCC has made available to SPHI a complete and correct copy of its certificate of incorporation and bylaws, each as amended to date, and USDCC’s certificate of incorporation and bylaws as so delivered are in full force and effect.
The liabilities and obligations of Parent to SPHI or any Obligee under the provisions of this Agreement shall not either individually or when aggregated together be greater or different in character or extent to the respective liabilities or obligations of SPHI or the applicable Parent Subsidiaries to the respective Obligees from time to time in terms of the relevant Obligations, in each case to the extent so permitted by applicable law.
As of the Closing, there will be no outstanding subscriptions, options, rights, warrants, convertible securities, stock appreciation rights, phantom equity or other agreements or commitments obligating SPHI to issue, transfer, sell, redeem, repurchase or otherwise sell, issue or acquire any shares of SPHI Common Stock.
A toll-free help line shall be made available providing recorded responses to FAQs with the option to leave a voice mail message.
Until surrendered as contemplated by Section 3.2(a), each SPHI Stock Certificate shall be deemed at any time after the Effective Time to represent only the right to receive upon such surrender the Merger Shares as provided herein.
The execution, delivery and performance of this Agreement and the consummation of the transactions contemplated hereby have been duly and validly authorized by SPHI’s board of directors and shareholders, and no other corporate proceedings on the part of SPHI are necessary to authorize this Agreement or to consummate the transactions contemplated hereby.