Examples of Distributed Entity in a sentence
The Rights Agent will promptly mail to each Holder the purchase price for the shares of MusicCo Series A Common Stock and Distributed Entity Stock sold by him.
The foregoing provisions shall apply to each Subject Distribution and a new Distributed Component will be created with respect to the Distributed Entity Stock distributed in each such Subject Distribution.
Subject to Sections 4.13 and 4.14, on the later of (x) the tenth Business Day after the end of the Exercise Period and (y) the fifth Business Day after receipt of such notice from the Rights Agent, the Company shall deposit with the Rights Agent the amount of cash or number of TCI Series A Shares required to make full payment of the purchase price for the shares of MusicCo Series A Common Stock and Distributed Entity Stock being purchased by it pursuant to such exercised Rights.
Notwithstanding anything to the contrary contained herein, any such deferral of the purchase of the surrendered shares of MusicCo Series A Common Stock and Distributed Entity Stock shall be conducted in compliance with all applicable laws, including federal and state securities laws.
The Consideration Amount Per Distributed Entity Share shall be equal to the Per Share Value of the applicable Distributed Entity as of the Valuation Date.
Such certificate shall also contain a brief statement of the facts requiring such adjustment and the computation by which such adjustment was made, or, if applicable, the facts requiring the creation of such Distributed Entity Component and the computation of such Underlying Number.
Nothing herein shall preclude the Rights Agent from acting in any other capacity for the Company, MusicCo or any Distributed Entity or for any other Person, including without limitation, acting as transfer agent or registrar for other securities issued by the Company, MusicCo or any Distributed Entity.
Promptly following such deposit, the Rights Agent shall distribute the cash or TCI Series A Shares so deposited to the Persons entitled to the same as provided in Section 4.11, and deliver the certificates for the MusicCo Common Stock and Distributed Entity Stock to the Company as provided in Section 4.08.
The Liquidation Preference of the Convertible Preferred Stock will be allocated between the shares of Mirror Preferred Stock and Exchange Preferred Stock in accordance with the relative fair market value of the assets and businesses to be held by the Distributed Entity and the assets and businesses to be retained by the Company, as determined in good faith by the Board of Directors after consultation with the Majority Holders.
The Original Issuance Price of the Series A Preferred Stock will be allocated between the shares of Mirror Preferred Stock and Exchange Preferred Stock in accordance with the relative fair market value of the assets and businesses to be held by the Distributed Entity and the assets and businesses to be retained by the Company, as determined in good faith by the Board after consultation with the Majority Holders.