Examples of Plan of recapitalization in a sentence
The Directors are authorized to abandon the Reverse Split set forth in this Plan of Recapitalization and Amendment at any time prior to the Effective Date, whether before or after approval of the Shareholders of the Corporation.Authorized and accepted on the date first above written by the Board of Directors.
The Directors are authorized to abandon the Reverse Split set forth in this Plan of Recapitalization and Amendment at any time prior to the Effective Date, whether before or after approval of the Shareholders of the Corporation.
Purchaser shall deposit an additional number of Purchaser Shares equal to the number of Collar Shares specified in Section 9(C)(vi)(a) of the Plan of Recapitalization in escrow in the Collar Account as defined in Section 9(A)(iii) of the Plan of Recapitalization, which Purchaser Shares shall be distributed in accordance with the remainder of Section 9 of the Plan of Recapitalization.
Purchaser shall deposit an additional 10% of the total number of Purchaser Shares to which each Seller is entitled under the Plan of Recapitalization in escrow in the Indemnity Account as defined in Section 9(A)(iii) of the Plan of Recapitalization.
The number of Purchaser Shares, timing of issuance, and all other aspects of the issuance of Purchaser Shares to each Seller in consideration of the sale, assignment, transfer, and delivery of all Interests and General Partner Shares to Purchaser shall be according to the terms and conditions specified in the Plan of Recapitalization, which is incorporated herein by reference and made a part hereof.