Traxis definition
Examples of Traxis in a sentence
Each Subscriber agrees and covenants to notify the Company and Traxis immediately upon the occurrence of any event prior to the Acquisition Closing that would cause any representation, warranty, covenant or other statement contained in this Agreement to be false or incorrect or of any change in any statement made herein occurring prior to the Acquisition Closing.
Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ and to: The Traxis Group B.V. c/o Cerberus Capital Management L.P. ▇▇▇ ▇▇▇▇▇ ▇▇▇.
Under no circumstances shall the Company be obligated to effect (i) more than an aggregate of ten (10) Demand Registrations under this Section 2.01 with respect to any or all of the Registrable Securities held by Traxis or its Transferees and (ii) a Demand Registration at any time that Traxis and its Transferees owns Registrable Securities that represent less than 7.5% of the Outstanding Common Stock.
Effective upon the Closing Date, each Seller hereby waives any and all rights that such Seller may have under that certain letter agreement, dated as of February 18, 2015, by and among The Traxis Group B.V. and the Sellers, including any right to appoint a representative to the board of directors of the Company (the “Board”).
This Agreement is not assignable by any Subscriber, and may not be amended, modified or terminated except by an instrument in writing signed by the Company, Traxis and each Subscriber, or, with respect to termination, as otherwise provided for in this Agreement.
Except as otherwise provided herein, the obligations of each Subscriber to make its subscription provided for hereunder shall be irrevocable, except with the consent of the Company and Traxis, until the Subscription Rejection.
The obligations of each Subscriber to make its subscription provided for hereunder shall be irrevocable, except with the consent of the Company and Traxis, until the Subscription Rejection.
This Agreement is not assignable by any Subscriber, and may not be amended, modified or terminated except by an instrument in writing signed by the Company, Traxis and any Subscriber purchasing a majority of the Common Stock to be purchased from the Company in a private offering pursuant to this Agreement (taking into account purchases of Preferred Shares on an as-converted basis).
The Company and Traxis agree and covenant to notify each Subscriber immediately upon the occurrence of any event prior to the Acquisition Closing that would cause any representation, warranty, covenant or other statement contained in this Agreement to be false or incorrect or of any change in any statement made herein occurring prior to the Acquisition Closing.
Traxis and School Bus each desire that Traxis will maintain the Plan on terms substantially similar to those currently in effect.