Use of Proceeds by Lazard Group. The portion of the net proceeds of the Common Stock IPO Transaction, the Exchangeable Securities IPO Transaction, the Debt Securities Offering and the Third Party Investment that are received by Lazard Group shall be used by Lazard Group to fund the Second Redemption, for general corporate purposes of Lazard Group and such other purposes set forth in the Registration Statements.
Appears in 3 contracts
Samples: Master Separation Agreement (LAZ-MD Holdings LLC), Master Separation Agreement (Lazard LTD), Master Separation Agreement (Lazard LTD)
Use of Proceeds by Lazard Group. The portion of the net proceeds of the Common Stock IPO Transaction, the Exchangeable Securities IPO Security Offering Transaction, the Debt Securities Offering and the Third Party Investment that are received by Lazard Group shall be used by Lazard Group to fund the Second Redemption, for general corporate purposes of Lazard Group and such other purposes set forth in the Registration Statements.
Appears in 2 contracts
Samples: Master Separation Agreement (Lazard LTD), Master Separation Agreement (Lazard LTD)