TPS Interest definition
Examples of TPS Interest in a sentence
On and subject to the terms and conditions of this Agreement, Buyer also agrees to purchase from Seller, and Seller agrees to sell, transfer, convey and deliver to Buyer, free and clear of all Encumbrances, the TPS Interest at the Closing.
Seller desires to sell, and Buyer desires to purchase, (a) all of the issued and outstanding shares (the "Shares") of capital stock of (i) KMI, (ii) SPD, (iii) GBC Holding and (iv) Fibro Tambor and (b) all of the membership interest of Seller in the equity and earnings of TPS (the "TPS Interest") for the consideration and on the terms set forth in this Agreement.
Except as set forth on Schedule 4.8, the purchase of the TPS Interest and the Shares of KMI, SPD, GBC Holding and Fibro Tambor by Buyer shall not invalidate any such Governmental Authorization or otherwise require any filing with or disclosure to any Governmental Body in order to maintain the validity of, keep in full force and effect, the Governmental Authorizations.
At the Closing, Seller shall deliver an assignment, duly executed by Seller, transferring all of the TPS Interest to Buyer.
The aggregate purchase price (the "Purchase Price") for the Industrial Container Business (including for all of the Shares and the TPS Interest) is One Hundred Eighty-Five Million Three Hundred Ninety Five Thousand Dollars ($185,395,000).