XEME definition
Examples of XEME in a sentence
The Company and XEME each agree to indemnify the other against any claim by any third person other than those described above for any commission, brokerage, or finder’s fee arising from the transactions contemplated hereby based on any alleged agreement or understanding between the indemnifying party and such third person, whether express or implied from the actions of the indemnifying party.
XEME’s execution, delivery, and performance of this Agreement are authorized and represent a valid and binding obligation of XEME, enforceable in accordance with its terms except as may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and subject to the qualification that the availability of equitable remedies is subject to the discretion of the court before which any proceeding therefore may be brought.
On or prior to the closing date, XEME shall deliver to the Company the originals of the corporate minute books, books of account, contracts, records, and all other books or documents of XEME now in the possession of XEME or its representatives.
Upon transfer to the Company pursuant to the terms hereunder, to the best knowledge of XEME, the Target Shares shall be free and clear of any liens, claims or encumbrances of any kind or nature, and upon consummation of the acquisition of the Target Shares hereunder, the Company will have acquired the entirety of the capital stock authorized, issued and outstanding in XEME.
Registrant shall have prepared the requisite SEC filings required by the SEC in anticipation of closing the transactions contemplated by this Agreement to the reasonable satisfaction of XEME and Registrant.
Registrant shall have received the requisite financial statements of XEME required by the SEC for inclusion in Registrant’s required SEC filings as a result of the closing of the transactions contemplated by this Agreement.
Evidence of XEME board approval of this Agreement shall have been made available to Registrant.
This Agreement may be terminated by the Board of Directors of XEME only in the event that the Company or XEME do not meet the conditions precedent set forth herein.
The Company shall deliver to XEME the originals of the corporate minute books, books of account, contracts, records, XEME and all other books or documents of the Company now in the possession of the Company or its representatives.
At no time was such XEME Shareholder presented with or solicited by any leaflet, public promotional meeting, circular, newspaper or magazine article or television advertisement or any other form of general advertising.