Amalgamated Entity definition
Examples of Amalgamated Entity in a sentence
In the event that the Amalgamation is consummated, the Stock Pledge Agreement referred to in this subparagraph 4(b) shall be delivered by the Subsidiary or Subsidiaries of the Borrower that, following the Amalgamation, collectively own and control one hundred (100%) percent of the outstanding equity securities of the Amalgamated Entity.
The entity resulting from the foregoing amalgamation (the "Amalgamated Entity") will be an unlimited liability company and its name, jurisdiction of organisation, chief executive and registered office and location of Receivables (as defined in the PCA) records will be as disclosed in Exhibits E and F attached hereto, which Exhibits E and F shall replace the current Exhibits E and F to the PCA on the effective date of such amalgamation.
All AARK Ordinary Shares that are issued and outstanding immediately prior to the Amalgamation Effective Time shall remain issued and outstanding following the Amalgamation Effective Time and represent Equity Securities of the Amalgamated Entity equal to the Sole Shareholder’s Pro Rata Portion of all issued and outstanding AARK Fully Diluted Ordinary Shares.