Tutopia definition
Examples of Tutopia in a sentence
In the event that any Seller refuses or fails to become a party to such agreements or make such representation and warranty or otherwise fails to comply with all of the obligations of a Seller hereunder, then such Seller shall be deemed to have revoked the exercise of its Put Option and shall not be entitled to have its Pro Rata Portion of Tutopia Shares purchased by the Company at the Closing.
UBS and all such other holders of Tutopia Shares who deliver a put notice (collectively with the UBS Put Notice, the "Put Notices") to the Company within fifteen (15) days after receipt of a notice from the Company pursuant to this Section 2(b), shall be considered to have exercised the Put Option simultaneously as of the date the Company received the UBS Put Notice for purposes of this Agreement.
Each Tutopia stockholder who is not an accredited investor (as such term is defined in Rule 501 under the Securities Act) will, at the request of the Company, appoint a purchaser representative (as such term is defined under the Securities Act) reasonably satisfactory to the Company and such stockholder.
In addition, at each Closing, each Seller shall represent and warrant to the Company that it is acquiring the shares of IFX Preferred Stock for its own account, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of them, and each other holder of Tutopia Shares shall waive any further rights under the Tutopia Stockholders Agreement (with respect to the Tutopia Shares put) as a condition to participating in the Put Option.
The parties hereby consent to any amendment to this Agreement solely to add as a party hereto any Person acquiring shares of Preferred Stock after the date hereof pursuant to the Tutopia Put Agreement (as defined in the Stock Purchase Agreement).
The parties hereby consent to any amendment to this Agreement solely to add as a party hereto any person acquiring Preferred Shares after the date hereof pursuant to the Tutopia Put Agreement.
The parties hereby consent to any amendment to this Agreement solely to add as a party hereto any person acquiring Preferred Shares or Common Shares after the date hereof pursuant to the Tutopia Put Agreement.
The parties hereby consent to any amendment to this Agreement solely to add as a party hereto any Person acquiring shares of Preferred Stock or Common Stock after the date hereof pursuant to the Tutopia Put Agreement (as defined in the Stock Purchase Agreement).
In addition, at each Closing, each Seller shall represent and warrant to the Company that it is acquiring the shares of IFX Preferred Stock or IFX Common Stock, as the case may be, for its own account, for investment purposes only, and with no present intention of distributing, selling or otherwise disposing of them, and each other holder of Tutopia Shares shall waive any further rights under the Tutopia Stockholders Agreement as a condition to participating in the Put Option.
Each Seller which is to be issued shares of IFX Preferred Stock as payment for its Tutopia Shares shall be issued such shares of IFX Preferred Stock in such proportions between shares of voting and non-voting IFX Preferred Stock as each such Seller shall determine.