Common use of The Recapitalization Clause in Contracts

The Recapitalization. As soon as practicable after satisfaction or, to the extent permitted under this Agreement, waiver of all conditions set forth in Article 9 (the “Closing Conditions”) (excluding conditions that by their nature cannot be satisfied until the Closing), and prior to the Effective Time, all outstanding shares of Clearwire Class B Common Stock will be converted into and exchanged for a corresponding number of shares of Clearwire Class A Common Stock (the “Recapitalization”).

Appears in 4 contracts

Samples: Transaction Agreement and Plan of Merger, Transaction Agreement and Plan of Merger (New Clearwire CORP), Transaction Agreement and Plan of Merger (Clearwire Corp)

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