GGP Shares definition
Examples of GGP Shares in a sentence
Such power to vote any GGP Shares in the Investment Account is irrevocable.
The Client’s pro rata portion shall be determined by dividing the value of the GGP Shares and GGP Warrants held in the Investment Account at the time any such expenses are incurred by the aggregate value of GGP Shares and GGP Warrants represented by the Continuing Consortium.
F▇▇▇▇▇▇▇▇ ▇▇▇▇ is a sophisticated investor and has such knowledge and experience in financial and business matters and in making investments of this type that it is capable of evaluating, negotiating and implementing the transactions contemplated hereby, including the sale of the GGP Shares in exchange for the consideration contemplated hereby, and is able to bear the economic risk of its investment in the BAM Shares (including a complete loss of its investment).
Brookfield has available, and will have available on the Closing Date, sufficient funds or other sources of immediately available funds in cash to enable it to purchase the GGP Shares on the terms and conditions contemplated herein.
F▇▇▇▇▇▇▇▇ ▇▇▇▇ acknowledges that it is proceeding with the sale of the GGP Shares to Brookfield knowingly and voluntarily, without access to or the benefit of such information.
The purchase consideration delivered by BUSC to F▇▇▇▇▇▇▇▇ ▇▇▇▇ in exchange for the BUSC GGP Shares shall be (i) 9,464,232 Class A Limited Voting Shares of BAM (the “BUSC BAM Shares”, and together with the BermudaCo BAM Shares, the “BAM Shares”) newly-issued by BAM to F▇▇▇▇▇▇▇▇ ▇▇▇▇ and (ii) a cash payment (“Brookfield Cash Payment”) in immediately available funds denominated in U.S. dollars equal to 804,079,985.60.
F▇▇▇▇▇▇▇▇ ▇▇▇▇ has evaluated the merits and risks of selling the GGP Shares and acquiring the BAM Shares on the terms set forth in this Agreement on its own and without reliance upon Brookfield (other than with respect to Brookfield’s express representations and warranties set forth herein and BAM’s express representations and warranties set forth in the Guarantee Agreement).
F▇▇▇▇▇▇▇▇ ▇▇▇▇ hereby waives any right to rescind or invalidate the sale of the GGP Shares to Brookfield or to seek any damages or remuneration from Brookfield based on the possession of any information regarding GGP by Brookfield or the lack of possession of any information regarding GGP by F▇▇▇▇▇▇▇▇ ▇▇▇▇.
This limited agency and power of attorney shall terminate upon the earlier of the effectiveness of a termination pursuant to and in accordance with Section 14 or an earlier Withdrawal Transaction with respect to all remaining GGP Shares and GGP Warrants in accordance with Section 4.
F▇▇▇▇▇▇▇▇ ▇▇▇▇ has the power and authority to sell, transfer, assign and deliver the GGP Shares, as provided in this Agreement.