Common use of Purchaser Capitalization Adjustment Clause in Contracts

Purchaser Capitalization Adjustment. Tamborine Majority Shareholder shall have forfeited and tendered to the Purchaser for cancellation 94,000,000 shares of the Purchaser Common Stock that is beneficially owned by Tamborine Majority Shareholder.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc), Agreement and Plan of Merger (Synthesis Energy Systems Inc)

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Purchaser Capitalization Adjustment. On or prior to the Closing Date, the Tamborine Majority Shareholder solely as it relates to the Purchaser’s representations and warranties contained in Section 3.5 “Capitalization” of this Agreement, shall have forfeited forfeit and tendered tender to the Purchaser for cancellation 94,000,000 shares of the Purchaser Common Stock that is beneficially owned by Tamborine Majority Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc)

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Purchaser Capitalization Adjustment. On or prior to the Closing Date, the Tamborine Majority Shareholder solely as it relates to the Purchaser's representations and warranties contained in Section 3.5 “Capitalization” of this Agreement, shall have forfeited forfeit and tendered tender to the Purchaser for cancellation 94,000,000 shares of the Purchaser Common Stock that is beneficially owned by Tamborine Majority Shareholder.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Synthesis Energy Systems Inc)

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