Contribution and Exchange definition
Examples of Contribution and Exchange in a sentence
The parties agree that all payments made pursuant to Section 7.03 hereof will to the extent permitted by Law be treated as adjustments to the consideration received by Seller in the Contribution and Exchange for U.S. federal income tax purposes.
Upon and subject to the terms and conditions set forth in this Agreement, at the Closing, Purchaser and Seller will effectuate and consummate the Contribution and Exchange.
As a result of the consummation of the Contribution and Exchange, Seller shall sell, transfer, assign, convey and deliver the Company Interests to Purchaser, free and clear of all Liens (except Permitted Liens), and Purchaser, in reliance on the representations, warranties and covenants of Seller contained herein, shall acquire and take assignment and delivery of the Company Interests from Seller.