Common use of Ownership of MSV LP Units and MSV GP Shares Clause in Contracts

Ownership of MSV LP Units and MSV GP Shares. As of the date hereof, SkyTerra or its subsidiaries own 7,929,598 MSV LP Units and 792.96 MSV GP Shares and at the Initial Closing SkyTerra or its subsidiaries will own not less than 7,929,598 MSV LP Units and 792.96 MSV GP Shares (in each case as appropriately adjusted for any stock split, combination, reorganization, recapitalization, reclassification, stock dividend, stock distribution or similar event with respect to the MSV LP Units or MSV GP Shares that is declared or effected prior to the Initial Closing).

Appears in 2 contracts

Samples: Exchange Agreement (Motient Corp), Exchange Agreement (Skyterra Communications Inc)

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Ownership of MSV LP Units and MSV GP Shares. As of the date hereof, SkyTerra or its subsidiaries own 7,929,598 MSV LP Units and 792.96 MSV GP Shares and at immediately prior to the Initial Closing SkyTerra or its subsidiaries will own not less than 7,929,598 MSV LP Units and 792.96 MSV GP Shares (in each case as appropriately adjusted for any stock split, combination, reorganization, recapitalization, reclassification, stock dividend, stock distribution or similar event with respect to the MSV LP Units or MSV GP Shares that is declared or effected prior to the Initial Closing).

Appears in 2 contracts

Samples: Exchange Agreement (Skyterra Communications Inc), Exchange Agreement (Motient Corp)

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Ownership of MSV LP Units and MSV GP Shares. As of the date hereof, SkyTerra or its subsidiaries own 7,929,598 20,508,055 MSV LP Units and 792.96 2,719 MSV GP Shares and at the Initial Closing Closing, SkyTerra or its subsidiaries will own not less than 7,929,598 20,508,055 MSV LP Units and 792.96 2,719 MSV GP Shares (in each case as appropriately adjusted for any stock split, combination, reorganization, recapitalization, reclassification, stock dividend, stock distribution or similar event with respect to the MSV LP Units or MSV GP Shares that is declared or effected prior to the Initial Closing).

Appears in 1 contract

Samples: Exchange Agreement (Skyterra Communications Inc)

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