Examples of Distributed Securities in a sentence
The Investor will be entitled to participate in the issuance of the Distributed Securities in accordance with Section 6.1(1).
Pending such payment, First American shall not be entitled to transfer any of the Distributed Securities to the Tag Along Purchaser.
Distributed Securities which, under the foregoing provisions, are unvested or vested are sometime referred to herein, respectively, as “Unvested Distributed Securities” and “Vested Distributed Securities”; and, when indicated by context, the terms “Shares,” “Unvested Shares” and “Vested Shares” as used herein will include Distributed Securities as well as Shares.
If Experian does not accept the Tag Along Offer within such fourteen-day period, First American and FAREISI may transfer the Distributed Securities to the Tag Along Purchaser on price, payment and liquidity terms no more favorable than those set forth in the Tag Along Offer at any time after the close of such fourteen-day period but prior to the 90th day thereafter.
If the Tag Along Purchaser fails or refuses to make a Tag Along Offer to Experian, as a provided above, First American and FAREISI shall not transfer any Distributed Securities to such Tag Along Purchaser.