Subject Parent definition
Examples of Subject Parent in a sentence
Each Parent Shareholder hereby irrevocably and unconditionally agrees not to redeem, elect to redeem or tender or submit any of its Subject Parent Equity Securities for redemption in connection with such shareholder approval, the Merger, the Parent Proposals or any other transactions contemplated by the Merger Agreement or the Extension Proposal (the “Transactions”) and any attempt to redeem such Subject Parent Equity Securities will be void ab initio and of no effect.
Except for the foregoing, this Agreement shall terminate upon the termination of the Partnership; PROVIDED, HOWEVER, that no termination under this Agreement shall discharge any accrued obligations owed by a Parent or a Subject Parent as of the date of such termination.
During the Lock-Up Period, Stockholder shall not, directly or indirectly, cause or permit any Transfer of any Subject Parent Securities to be effected.
Each Subject Parent also agrees during such period not to: (a) request that the other Subject Parent (or its respective directors, officers, employees or agents), directly or indirectly, amend or waive any provision of this Section 2.1 (including this sentence); or (b) take any action that might reasonably be expected to require that the other Subject Parent make a public announcement regarding the possibility of a business combination or merger.
The Sponsor agrees during the term of this Agreement not to (a) demand that Parent redeem the Subject Parent Equity Securities held by the Sponsor or (b) otherwise participate in any such redemption by tendering or submitting any of the Subject Parent Equity Securities held by the Sponsor for redemption.
Without limiting any of the restrictions set forth in Section 2 or Section 7.1 or elsewhere in this Agreement, this Agreement shall be binding upon any Person to whom any Subject Company Securities or Subject Parent Securities are transferred.