Examples of AFI Shares in a sentence
AFI shall prepare and file, and shall use its reasonable best efforts to have approved, an application for the listing of the AFI Shares to be distributed in the Distribution on the NYSE, subject to official notice of distribution.
Seller shall have delivered to Buyer a statement, meeting the requirements of Treasury Regulations Sections 1.897-2(g)(2) and 1.1445-2(c)(3), to the effect that the AFI Shares do not constitute U.S. real property interests as of the Closing Date within the meaning of Section 897(c)(1) of the Code and the Treasury Regulations promulgated thereunder.
Buyer will determine the appropriate allocation of any such adjustment to the portions of the Purchase Price paid with respect to the WMI Shares or the AFI Shares.
Seller and Buyer shall allocate the Purchase Price as follows: $135,700,000 plus the AFI Closing Date Tangible Book Value solely to the AFI Shares and the remainder solely to the WMI Shares.
AWI and AFI shall take all actions as may be necessary to approve the grants of adjusted equity awards by AWI (in respect of AWI Shares) and AFI (in respect of AFI Shares) in connection with the Distribution in order to satisfy the requirements of Rule 16b-3 under the Exchange Act.
AFI will not issue paper stock certificates in respect of the AFI Shares.
AFI agrees to file applicable registration statements with respect to, and to cause to be registered pursuant to the Securities Act, the AFI Shares authorized for issuance under the AFI Equity Plan, as required pursuant to the Securities Act, before the date of issuance of any AFI Shares pursuant to the AFI Equity Plan.