Common use of Ownership of TerreStar Common Stock Clause in Contracts

Ownership of TerreStar Common Stock. As of the date hereof, Motient and its subsidiaries own an aggregate of not less than 19,551,697 shares of TerreStar common stock and immediately prior to the Closing Motient and its subsidiaries will own not less than 19,551,697 shares of TerreStar common stock (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 TerreStar common stock that is declared or effected prior to the Closing).

Appears in 2 contracts

Samples: Exchange Agreement (Bce Inc), Exchange Agreement (Motient Corp)

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Ownership of TerreStar Common Stock. As of the date hereof, Motient and its subsidiaries own an aggregate of not less than 19,551,697 [19,551,697] shares of TerreStar common stock and immediately prior to the Closing Motient and its subsidiaries will own not less than 19,551,697 [19,551,697] shares of TerreStar common stock (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 TerreStar common stock that is declared or effected prior to the Closing).

Appears in 1 contract

Samples: Exchange Agreement (Motient Corp)

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Ownership of TerreStar Common Stock. As of the date hereof, Motient and its subsidiaries own an aggregate of not less than 19,551,697 shares of TerreStar common stock and immediately prior to the Closing Motient and its subsidiaries will own not less than 19,551,697 shares of TerreStar common stock (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 TerreStar common stock that is declared or effected prior to the Closing).

Appears in 1 contract

Samples: Exchange Agreement (Motient Corp)

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