Examples of Citigroup Parties in a sentence
The Citigroup Parties and the Fund Parties hereby agree to and do hereby extend the term of the Confidentiality Letter Agreement and their respective obligations thereunder in accordance with Section 6 hereof; provided that the Fund Parties may disclose the subject matter of the Tender Offers to third parties, including to other holders of the Funds’ ARPS and to service providers and agents who may be engaged to assist in conducting the Tender Offers, before the Tender Offers are publicly announced.
The Complaint alleges that the Citigroup Parties and numerous other defendants committed acts in violation of the Bank Company Holding Act and the common law.
Purpose of the Transaction The response set forth in Item 4 of the Statement is hereby amended by adding the following after the last paragraph of Item 4: The Citigroup Parties have informed the Warburg Pincus Reporting Persons that on December 19, 2011, CIHC sold 8,081,542 shares of Common Stock in an underwritten offering, at an offering price to the public of $22.29 per share.
For the avoidance of doubt, the Citigroup Parties acknowledge that each Fund will be required to file a copy of this Agreement with its Form TO filings in connection with its Tender Offer.
It is the understanding of the Warburg Pincus Reporting Persons that the Citigroup Parties will make separate filings pursuant to the Exchange Act to report the change in their beneficial ownership.
Following this sale, based on information provided to the Warburg Pincus Reporting Persons by the Citigroup Parties, CIHC and AMAD beneficially own no shares of Common Stock.