Acquiring Entity Sample Clauses

The "Acquiring Entity" clause defines the party that is purchasing or otherwise obtaining ownership or control of another company, business, or set of assets in a transaction. This clause typically specifies the legal name and relevant details of the acquiring party, clarifying their rights and obligations under the agreement. By clearly identifying the acquiring entity, the clause ensures there is no ambiguity about which party is responsible for fulfilling the buyer's duties, thereby preventing disputes and ensuring a smooth transfer of ownership or control.
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Acquiring Entity. At Purchaser's election, Purchaser may assign its rights to acquire the Shares as provided in this Agreement to a wholly-owned subsidiary of Purchaser, newly-formed for such purpose, in which case, on the Closing Date, Seller shall transfer the Shares to such subsidiary.
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Acquiring Entity. Sitestar Corporation (the “Buyer” “Sitestar”) incorporated in the State of Nevada, and/or an affiliate, will purchase the assets of (the “Purchase” or the “Transaction”) Network Management, Inc. (“Seller,” or the “Company”) incorporated in North Carolina (collectively the “Company”); its assets currently owned by ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Jr., ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (the “Owners”).
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Acquiring Entity. Subject to any required action by the stockholders, if the Company shall be the surviving or resulting corporation in any merger, consolidation or share exchange, any Incentive granted hereunder shall pertain to and apply to the securities or rights (including cash, property, or assets) to which a Participant would have been entitled.
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Acquiring Entity. ▇▇▇ ▇▇▇▇▇▇▇▇, a qualified buyer, (the “Buyer”) and an unincorporated individual, will purchase (the “Purchase” or the “Transaction”) the customer base, hardware, software and any other intellectual property (the “Assets”) of Sitestar Applied Technologies, Inc.(“SAT”), a wholly owned subsidiary of Sitestar Corporation, (the “Seller” or the “Company”), incorporated in the State of Nevada.
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Acquiring Entity. Acquiring Entity" means, with respect to any Project, the DEVCO Entity that acquired such Project pursuant to the provisions of Article 3 or Article 4 hereof or, with respect to any Facility, the DEVCO Entity that acquired the Project pursuant to the provisions of Article 3 or Article 4 hereof that, upon completion of such Project, resulted in such Facility.
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Acquiring Entity. The parties agree that the Joint Venture itself will not acquire any Consumer Obligations, and that its subsidiary Inovision-Meclr-NCOP-F, L.L.C. will acquire all Consumer Obligations to be financed by Cargill and that its subsidiary Inovision-Medclr-NCOP-NF, L.L.C. will acquire all other Consumer Obligations. In the event that the Joint Venture is the successful bidder on an asset pool which the Joint Venture bid upon in accordance with the terms hereof, it shall acquire such asset pool unless both members of the Board of Managers determine otherwise.
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Related to Acquiring Entity

  • Purchasing Entities This Participating Addendum may be used by (a) all departments, offices, institutions, and other agencies of the State of Vermont and counties (each a “State Purchaser”) according to the process for ordering and other restrictions applicable to State Purchasers set forth herein; and (b) political subdivisions of the State of Vermont and any institution of higher education chartered in Vermont and accredited or holding a certificate of approval from the State Board of Education as authorized under 29 V.S.A. § 902 (each an “Additional Purchaser”). Issues concerning interpretation and eligibility for participation are solely within the authority of the State of Vermont Chief Procurement Officer. The State of Vermont and its officers and employees shall have no responsibility or liability for Additional Purchasers. Each Additional Purchaser is to make its own determination whether this Participating Addendum and the Master Agreement are consistent with its procurement policies and regulations. The maximum dollar amount payable under this contract is not intended as any form of a guaranteed amount. The Contractor will be paid for products actually delivered or performed, as specified in Attachment A, up to the maximum allowable amount specified on page 1 of this contract. 1. Prior to commencement of work and release of any payments, Contractor shall submit to the State: a. a certificate of insurance consistent with the requirements set forth in Attachment C, Section 8 (Insurance), and with any additional requirements for insurance as may be set forth elsewhere in this contract; and 2. Payment terms are Net 30 days from the date the State receives an error-free invoice with all necessary and complete supporting documentation. 3. All invoices are to be rendered by the Contractor on the vendor's standard billhead and forwarded directly to the institution or agency ordering materials and shall specify the address to which payments will be sent.

  • Assignment of Membership Interest A Member may not assign the Member’s interest in the Company except with the written consent of all the other Members of record. Any such consent to assignment automatically entitles the assignee to become a Member. A Member’s membership interest may be evidenced by a certificate of membership interest issued by the Company.

  • Purchasing Entity Law These provisions shall be applicable only to extent they are not in conflict with the applicable public disclosure laws of any Purchasing Entity.

  • The Purchaser is not an employee benefit or other plan subject to the prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), or Section 4975 of the Internal Revenue Code of 1986, as amended (a "Plan"), or any other person (including an investment manager, a named fiduciary or a trustee of any Plan) acting, directly or indirectly, on behalf of or purchasing any Certificate with "plan assets" of any Plan within the meaning of the Department of Labor ("DOL") regulation at 29 C.F.R. ss.2510.3-101; or

  • Additional Partnership Interests If the Partnership issues Partnership Interests in accordance with Section 4.2 or 4.3, the distribution priorities set forth in Section 5.1 shall be amended, as necessary, to reflect the distribution priority of such Partnership Interests and corresponding amendments shall be made to the provisions of Exhibit B.