VDA Group definition
Examples of VDA Group in a sentence
The Loan will be used solely to allow VDA Group to purchase TKOI Shares.
Upon conversion, each of the VDA Group Share Pledge Agreement and the VDA Holding Share Pledge Agreement shall terminate and any shares pledged thereunder released from pledge, and the Subordination Agreement shall terminate.
The Borrower or VDA Group ceases to carry on (or threatens to cease to carry on) all or a substantial part of its business except as a result of any disposal allowed under this Agreement.
VDA Group is currently a party to certain Stock Purchase Agreement (the Stock Purchase Agreement together with all its annexes, enclosures, related and ancillary agreements and documents, “SPA”) entered into as of August 6, 2021, by and between VDA Group and Telkonet, Inc.
A draft of the share pledge agreement between the Borrower, the Lender and VDA Group is attached hereto under Appendix 3 (the “VDA Group Share Pledge Agreement”).
VDA Group undertakes to respect, and the Borrower shall procure that VDA Group shall equally respect, mutatis mutandis, the provisions in this Clause 10.