Cash Contribution definition
Examples of Cash Contribution in a sentence
The Cash Contribution amount and/or the number of Rollover Shares to be contributed by the Additional Member are set forth in Schedule A hereto.
With respect to any Party, the sum of (A) the deemed value of such Party’s Rollover Shares (which shall be calculated based on the per share purchase price offered to the unaffiliated shareholders of the Company in the Transaction) and (B) the amount of such Party’s Cash Contribution shall equal the “Equity Contribution” of such Party.
The Lead Investor shall have the right to (i) determine the number of Rollover Shares and the amount of Cash Contribution of an Additional Member admitted pursuant to this Section 1.5; and (ii) update the Equity Contribution Schedule to reflect such determination.
For the avoidance of doubt, each Party agrees that the obligation of such Party to contribute (or cause to be contributed) its Rollover Shares and Cash Contribution to Holdco under this Section 1.4(b) shall be subject to the satisfaction or waiver of the conditions to the obligations of Holdco and its subsidiaries to consummate the Transaction to be set forth in the Definitive Agreements.
For the purpose of facilitating the Transaction, the Lead Investor shall also have the right (i) subject to Section 1.4(b) and Section 1.4(c), to adjust the number of Rollover Shares (as defined below) and/or the amount of Cash Contribution (as defined below) of any Party and update the Equity Contribution Schedule (as defined below); and (ii) to determine the number of Rollover Shares and the amount of Cash Contribution of an Additional Member pursuant to Section 1.5.