Target Company definition

Target Company means each of the Company and its direct and indirect Subsidiaries.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Target Company means a Company to be acquired by the CPC as its Significant Asset pursuant to a Qualifying Transaction.

Target Company means an issuer of publicly traded equity securities that has at least twenty percent of its equity securities beneficially held by residents of this state and has substantial assets in this state. For the purposes of this chapter, an equity security is publicly traded if a trading market exists for the security. A trading market exists if the security is traded on a national securities exchange, whether or not registered pursuant to the Securities Exchange Act of 1934, or on the over-the-counter market.

Examples of Target Company in a sentence

Schedule 5.1 lists all jurisdictions in which any Target Company is qualified to conduct business and all names other than its legal name under which any Target Company does business.
Except as set forth on Schedule 5.21, no Target Company has outstanding any Contract or other arrangement or commitment with any Related Person, and no Related Person owns any real property or Personal Property, or right, tangible or intangible (including Intellectual Property) which is used in the business of any Target Company.
No Target Company has made any claim against an insurance policy as to which the insurer is denying coverage.
The Company has provided to SPAC accurate and complete copies of the Organizational Documents of each Target Company, each as amended to date and as currently in effect.
Each Target Company has good and marketable title to, or a valid leasehold interest in or right to use, all of its assets, free and clear of all Liens other than (a) Permitted Liens, (b) the rights of lessors under leasehold interests, (c) Liens specifically identified on the December 31, 2023 balance sheet included in the 2023/2022 Audited Financials and (d) Liens set forth on Schedule 5.17.

Target Company means the entity listed in the column entitled “Target Company” on Exhibit A.

Target Company shall have the meaning set forth in the Preamble.

Target Company means a company and includes a body corporate or corporation established under a Central legislation, State legislation or Provincial legislation for the time being in force, whose shares are listed on a stock exchange;

Target Company shall have the meaning set forth in the introductory paragraph.

Target Company means any one of the Target Companies.

Target Company has the meaning set forth in the recitals.

Target Company is defined in the Preliminary Statements hereto.