Newly Formed Entity. Hxxxxx recognizes that Parent was only formed in connection with the transactions contemplated by the Merger Agreement and the JBA and, accordingly, has no financial or operating history and that the investment in Parent is extremely speculative and involves a high degree of risk.
Appears in 6 contracts
Samples: Rollover and Contribution Agreement (Fairfax Financial Holdings LTD/ Can), Rollover and Contribution Agreement (Sokol David L), Rollover and Contribution Agreement (Fairfax Financial Holdings LTD/ Can)
Newly Formed Entity. Hxxxxx Xxxxxx recognizes that Parent was only formed in connection with the transactions contemplated by the Merger Agreement and the JBA and, accordingly, has no financial or operating history and that the investment in Parent is extremely speculative and involves a high degree of risk.
Appears in 4 contracts
Samples: Rollover and Contribution Agreement (Washington Dennis R), Rollover and Contribution Agreement (Washington Dennis R), Rollover and Contribution Agreement (Washington Dennis R)