Recapitalization and Recapitalization Documents Clause Samples
The "Recapitalization and Recapitalization Documents" clause defines the terms and procedures governing changes to a company's capital structure, such as issuing new shares, converting debt to equity, or restructuring existing equity. This clause typically outlines the types of transactions considered recapitalizations, the required approvals, and the documentation that must be executed to effect these changes. Its core function is to ensure that all parties understand the process and requirements for altering the company's capital, thereby providing clarity and reducing the risk of disputes during significant financial restructuring events.
Recapitalization and Recapitalization Documents. Subject to ----------------------------------------------- Section 4.2, (a) each of the other Parties to the Recapitalization ----------- Documents will have executed, delivered and consummated the Recapitalization Documents to which they are parties,
Recapitalization and Recapitalization Documents. Subject to the proviso at the end of Section 4.1, (a) each of the other Parties to the Recapitalization Documents will have executed, delivered and consummated the Recapitalization Documents to which they are parties, (b) the Offering and the Amended and Restated Bank Credit Agreement will be consummated, (c) the Recapitalization will have been consummated and (d) BKC shall have delivered a written consent to the Company with respect to the matters set forth in Section 5(c) of this Agreement.
Recapitalization and Recapitalization Documents. Subject to the ----------------------------------------------- proviso at the end of Section 4.1, (a) each of the other Parties to the ----------- Recapitalization Documents will have executed, delivered and consummated the Recapitalization Documents to which they are parties, (b) the Common Stock Offering will result in at least -13- $40,000,000 gross proceeds to the Company, (c) the Recapitalization will have been consummated.
Recapitalization and Recapitalization Documents. (a) Each of the other Parties to the Recapitalization Documents will have executed, delivered and consummated the Recapitalization Documents to which they are parties, (b) the Offerings will be consummated, (c) the Recapitalization will have been consummated and (d) BKC shall have delivered a written consent to the Company with respect to the matters set forth in Section 5.2(d) of this Agreement.