Examples of Fixed Consideration in a sentence
If the IPO Price (as defined herein) is equal to the midpoint of the price range for the shares of the REIT’s Class A common stock in the IPO (the “IPO Price Range”) as set forth on the front cover of the REIT’s preliminary prospectus for the IPO filed with the U.S. Securities and Exchange Commission (the “SEC”), the Consideration shall equal the (i) Fixed Consideration and (ii) Preliminary Consideration, subject to any Prorations for the Properties.
The Standby Financer represents and warrants that the Standby Financer has and at all times prior to the Completion will maintain and reserve for the performance of the Standby Financer’s obligations hereunder cash in an amount equal to at least the amount of the Fixed Consideration and such cash shall not be subject to a lien, claim, charge or encumbrance in favor of any person or entity other than the Company.
At the Closing, Purchaser and Company shall deliver to Purchaser or its designated agent the certificates representing the Fixed Consideration.
The Fixed Consideration shall be adjusted after Completion in accordance with the following provisions of this sub-clause.
The Total Fixed Consideration shall be allocated among the assets of the Company as set forth on Exhibit D hereto (the "Allocation").