These excerpts taken from the MLP 8-K filed Jul 29, 2008.
SECURITIES PURCHASE AGREEMENT (the Agreement), dated as of July 27, 2008, by and among Maui Land & Pineapple Company, Inc., a Hawaiian corporation, with headquarters located at 120 Kane Street, P. O. Box 187, Kahului, Maui, Hawaii 96733-6687 (the Company), and the investors listed on the Schedule of Buyers attached hereto (individually, a Buyer and collectively, the Buyers).
Securities Purchase Agreement means that certain securities purchase agreement dated as of the Subscription Date by and among the Company and the initial holders of the Notes pursuant to which the Company issued the Notes.
(kk) Subscription Date means July 27, 2008.
(ll) Subsidiary means any entity in which the Company, directly or indirectly, owns more than 50% of the capital stock or equity or similar interest.
(mm) Successor Entity means the Person, which may be the Company, formed by, resulting from or surviving any Fundamental Transaction or the Person with which such Fundamental Transaction shall have been made.