SPPAG definition
Examples of SPPAG in a sentence
SPPAG is not in violation of any of the provisions of its Articles of Incorporation.
When used in connection with SPPAG, the term “Material Adverse Effect” means, for purposes of this Agreement, any change, event or effect that is adverse to the business, assets (including intangible assets), financial condition or results of operations of SPPAG.
At the Closing, SurePure US shall become irrevocably obligated to issue to the Company Shareholders the requisite number of shares of SurePure US Common Stock and SurePure Preferred Stock in exchange for the delivery of Company Common Stock and the SPPAG Common Stock, all in accordance with the Common Exchange Ratio, the Preferred Exchange Ratio or the SPPAG Exchange Ratio, as the case shall be.
Except as set forth in the Trinity Subscription Agreement and the RD Active Subscription Agreement, there are no registration rights and, to the knowledge of the Company, as of the date of this Agreement, there are no voting trusts, proxies or other agreements or understandings with respect to any equity security of any class of the Company or SPPAG.
SPPAG has no subsidiaries or affiliates (other than its interest in SPIHAG).
There are no equity securities, partnership interests or similar ownership interests of the Company or SPPAG, or any security exchangeable or convertible into or exercisable for such equity securities, partnership interests or similar ownership interests, issued, reserved for issuance or outstanding.
All of the shares of SPPAG have been validly issued, fully paid and are nonassessable and are not subject to preemptive rights created by statute or the Articles of Incorporation of the SPPAG or any agreement or document to which the Company is a party or by which it is bound.
XOptics has the full legal and beneficial ownership of SPPAG, free and clear of any liens, claims, security interests or other encumbrances.