Examples of Nevada Assets in a sentence
Divesture of Nevada Assets THIRD AMENDMENT TO SENIOR SECURED BRIDGE NOTE THIRD AMENDMENT TO SENIOR SECURED BRIDGE NOTE (this “Amendment”), dated as of February 16, 2024, between IANTHUS NEW JERSEY, LLC, a New Jersey limited liability company (the “Borrower”), iAnthus Capital Holdings, Inc.
The Pescios will be entitled to all payments whenever made with respect to amounts due and payable to them before the Effective Time in respect of the Xxxxxx Nevada Assets.
Geo Point Nevada and the Geo Point Nevada Subsidiaries shall bear the economic and legal risk that any conveyance of Geo Point Nevada Assets contemplated hereby shall be insufficient to convey anything more than all of Geo Point Utah’s right, title and interest to the applicable Geo Point Nevada Assets.
Subject to applicable Law, from the date hereof to the earlier of the Effective Date or the date on which this Agreement is terminated in accordance with its terms, each of Vista U.S. and the Pescios will provide each other and Newco with reasonable access to their respective properties, books, contracts and records (as such properties, books, contracts and records relate either to the Vista Nevada Assets or the Xxxxxx Nevada Assets).
In particular, the Pescios agree to provide Vista with all information relating to themselves or the Xxxxxx Nevada Assets as may be required to permit Vista to complete the Circular in accordance with the requirements of applicable Law.
Vista has fully disclosed to Newco and the Pescios all environmental reports, site assessments, audits, studies, evaluations, tests and records in the possession or control of such parties with respect to the Vista Nevada Assets and fully disclosed to Newco and the Pescios all material facts and circumstances known to such parties relating to the environmental condition of the Vista Nevada Assets.
Each of the Pescios hereby represents that: (i) he or she has been furnished by Vista during the course of this transaction with all information regarding the Vista Nevada Assets and Newco which it had requested; (ii) all documents that have been reasonably requested by the Pescios have been made available for their or their counsel’s inspection and review; and (iii) any other information reasonably requested by the Pescios or their counsel has been provided.
Vista U.S. or its subsidiaries together will, as of the Effective Date, hold (legally or beneficially) all material Environmental Permits required in connection with the Vista Nevada Assets, and all such permits shall be transferred to Newco.
The Pescios will, as of the Effective Date, hold (legally or beneficially) all material Environmental Permits required to be held by them, if any, in connection with the Xxxxxx Nevada Assets, and any such permits shall be transferred to Newco.
Each of the Pescios has been afforded the opportunity to ask questions of and receive answers from duly authorized officers or other representatives of Vista and Newco concerning the terms and conditions of the issuance of the Newco Shares to the Pescios as partial consideration for the transfer of the Xxxxxx Nevada Assets to the LLC.