Qualifying Transaction Date definition
Examples of Qualifying Transaction Date in a sentence
This Agreement may, at any time on or before the Qualifying Transaction Date, be amended by mutual agreement of the Parties.
So long as this Agreement is in effect, the Approval Parties shall advise, consult, cooperate with each other prior to issuing, or permitting any of their directors, officers, employees or agents to issue, any press release or other written public or private statement to the press with respect to this Agreement and the Qualifying Transaction contemplated hereby from the date hereof until the Qualifying Transaction Date.
Subco covenants and agrees with Aphria and Black Sparrow that it will not from the date of execution hereof to the Qualifying Transaction Date, except with the prior written consent of Aphria and Black Sparrow, conduct any business which would prevent Subco or Amalco from performing any of their respective obligations hereunder.
However, in the event that a Dissenting Shareholder fails to perfect or effectively withdraws its claim under Section 185 of the Act or otherwise forfeits its right to make a claim under Section 185 of the Act, such Dissenting Shareholder shall thereupon be deemed to have been received as of the Qualifying Transaction Date the number of Black Sparrow Shares on the basis set forth in Section 13 hereof.
Notwithstanding anything in this Agreement to the contrary, Dissenting Aphria Shares shall not be exchanged for Black Sparrow Shares on the Qualifying Transaction Date as provided in Section 13 hereof.
Until the Qualifying Transaction Date, Aceragen shall ensure that Vizigen does not (i) engage in any Development or Commercialization of the Product or any Competing Product or (ii) have any right, title or interest in or to any of the Product Assets.