Common use of Issuance of Reserved BSE Common Equity Clause in Contracts

Issuance of Reserved BSE Common Equity. The number of shares of Reserved BSE Common Equity that the Sponsor is required to issue and deliver to the Collateral Agent pursuant to Section 7.3.1(d) shall be determined using (x) a value of $6.79 per share, (y) or, if the Sponsor has undergone an initial public offering, the average closing price of the Sponsor’s common stock over the immediately preceding seven (7) trading days (such value, the “BSE Common Equity Contribution Value”).