Examples of Purchaser Subsidiary in a sentence
Subject to the completion of the Transactions contemplated herein, as of the Closing Date and for so long as the Purchaser (or the Purchaser Subsidiary) remains a shareholder of the Company (and thereafter if mutually agreed), the Company hereby grants a right of first refusal to MVMD to enter into a supply agreement for the export of product to Australia and the United States of America.
The aggregate purchase price (the “Purchase Price”) payable by the Purchaser on its own behalf or on behalf of the Purchaser Subsidiary to the Vendors for the Purchased Shares shall be Four Million Two Hundred Thousand Dollars ($4,200,000).
The aggregate subscription price payable by the Purchaser (on its own behalf or on behalf of the Purchaser Subsidiary) to the Company shall be Two Million Eight Hundred Thousand Dollars ($2,800,000) (the “Subscription Price”).
The Purchaser Subsidiary has all requisite corporate power and authority to own, lease and operate its properties and to carry on its business as now being conducted.
After the resolutions referred to in items (A) and (B) of the Shareholder Approval Matters have been adopted (and in any event prior to the Share Exchange Closing), the Purchaser and the Purchaser Subsidiary shall take the steps provided for in the Steps Paper.