Contributed Securities definition
Examples of Contributed Securities in a sentence
Upon consummation of the Exchange Closing as provided in this Agreement, the Partnership will acquire good and marketable title to the Contributed Securities free and clear of all Liens.
It is the intent of the parties hereto that, for U.S. federal income tax purposes, the contribution by the Rollover Investor of the Contributed Securities in exchange for newly issued Class A Units be governed by Section 721 of the Code.
The Rollover Investor hereby acknowledges and agrees that, in exchange for the contribution of the Contributed Securities, the Rollover Investor is only entitled to receive the Class A Units, and the issuance of the Class A Units to the Rollover Investor will completely discharge any obligations of the Company, the Partnership, Parent, Merger Sub and their respective Affiliates with respect to the Contributed Securities.
Contributor will execute such documents as may be necessary to assist Contributee or SBIC Contributee in preserving or perfecting its rights in the Contributed Securities.
Contributor will execute and deliver such ----------------- further instruments of conveyance and transfer and take such additional action as Contributee or SBIC Contributee may reasonably request to effect, consummate, confirm or evidence the transfer to Contributee and the subsequent transfer to SBIC Contributee of the Contributed Securities.
Each of the Sellers have good title to each of their Contributed Securities of the Company, free and clear free of all claims, liens, security interests and other rights and encumbrances, and as a group the Sellers are owners of all the Company Interests.
The Rollover Investor is not contributing the Contributed Securities in exchange for Class A Units as a result of or subsequent to any advertisement, article, notice or other communication published in any newspapers, magazine or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person or entity not previously known to Rollover Investor in connection with investments in securities generally.
At the Closing, subject to the conditions contained in this Agreement, Contributor shall contribute to Contributee the Contributed Securities in accordance with Section 1A, and in ---------- exchange therefor, Contributee shall issue to Contributor the LP Interest.
In the case of Contributor only, ------------------- Contributor has valid title to the Contributed Securities described on Exhibit A --------- to be contributed to the Contributee pursuant to this Agreement, and none of the Contributed Securities are subject to any lien, security interest, encumbrance.
It is the intent of the parties hereto that, for U.S. federal income tax purposes, the contribution by the Rollover Investors of the Contributed Securities in exchange for newly issued Class A Units be governed by Section 721 of the Code.