Common use of Delivery of Pubco Shares Clause in Contracts

Delivery of Pubco Shares. In furtherance of its obligations under Sections 2.1(a) and 2.1(b), upon notice from USCo2 of any event that requires USCo2 to cause to be delivered Pubco Shares to any holder of Redeemable Corporation Shares, Pubco shall forthwith deliver, or cause to be delivered through its transfer agent or otherwise, as USCo2 may direct, the requisite number of Pubco Shares to be received by, or to the order of, the former holder of the surrendered Redeemable Corporation Shares as USCo2 shall direct, and shall if necessary, and subject to obtaining all necessary shareholder approvals (if any), issue new Pubco Shares for such purpose. All such Pubco Shares shall be duly authorized and validly issued as fully paid and non-assessable and shall be free and clear of any lien, claim and encumbrance.

Delivery of Pubco Shares. In furtherance of its obligations under Sections 2.1(a), 2.1(b) and 2.1(b2.1(c), upon notice from USCo2 the LLC or USCo of any event that requires USCo2 the LLC or USCo to cause to be delivered Pubco Shares to any holder of Redeemable Corporation SharesCommon Units, Pubco shall forthwith deliver, or cause to be delivered through its transfer agent or otherwise, as USCo2 the LLC or USCo may direct, the requisite number of Pubco Shares to be received by, or to the order of, the former holder of the surrendered Redeemable Corporation Shares Common Units as USCo2 the LLC or USCo shall direct, and shall if necessary, and subject to obtaining all necessary shareholder approvals (if any), issue new Pubco Shares for such purpose. All such Pubco Shares shall be duly authorized and validly issued as fully paid and non-assessable and shall be free and clear of any lien, claim and encumbrance.