Target Entity definition

Target Entity means each of the Company and its direct and indirect Subsidiaries (provided that with respect to any time prior to the completion of the Target Contribution, “Target Entity” shall mean the Seller and each of its direct and indirect Subsidiaries).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Target Entity the meaning specified in Section 7.04(b).

Target Entity means the Seller and each of its direct and indirect Subsidiaries).

Examples of Target Entity in a sentence

Without limiting the generality of the foregoing, no Target Entity will incur any Liability under section 4980H of the Code and its governing regulations and no event has occurred and no circumstance exists or has existed that could reasonably be expected to give rise to the incurrent of such Liability.
All of the outstanding Equity Securities of each Target Entity are owned free and clear of all Liens, have been duly authorized and validly issued, and, if applicable, are fully paid and non-assessable, were offered, issued, sold and delivered in compliance with all applicable Laws governing the issuance of such securities and were not issued in violation of any preemptive rights, subscription rights or rights of first refusal.
Except as set forth on Schedule 3.6(a), there are no Contracts (including any options, warrants or similar agreements) obligating any Target Entity to issue or sell any Equity Securities or make any investments (including any loans) in any Person, or any obligation, agreement, option, warrant, right, call, convertible securities, understanding, arrangement or commitment to invest, or acquire securities, in any Person.
Each Target Entity has taken all actions necessary to comply the reporting requirements of Sections 6055 and 6056 of the Code.
Schedule 3.6(a) sets forth the entire authorized Equity Securities of each Target Entity and a complete and correct list as of the date hereof of the issued and outstanding Equity Securities of each Target Entity, including the name of the record and beneficial owner thereof and the number and type of Equity Securities held thereby.

More Definitions of Target Entity

Target Entity or “Target Entities” shall have the meaning set forth in the Preamble.

Target Entity means any entity or entities acquired by a Group Company after the Issue Date and financed, in whole or in part, with a Bridge Financing.

Target Entity means any limited liability company, corporation, limited liability partnership or any equivalent.

Target Entity means the entity, or division or line of business of such entity, which is the subject of an Acquisition.

Target Entity means any corporation, partnership, firm, limited partnership, limited liability company, business entity, or natural person contacted by EPLS (including its members, partners, or employees) or the Company (including its employees) during the Term or during the 12 months prior to the Effective Date of this Agreement for the purpose of soliciting a Transaction, resulting in a signed confidentiality agreement, written communication with the Company, or telephonic or in person meeting with the Company.

Target Entity means the entity/entities for which these services are required to be carried out;

Target Entity means the Person that is the subject of a proposed Permitted Acquisition.

Filter & Search

Related Definitions