Examples of Management Purchasers in a sentence
Mr. Wamberg stated he would provide a nonrefundable deposit of $500,000 to secure the obligation of the Management Purchasers to close the purchase of the MBO Businesses in accordance with the terms of the MBO Agreement.
Mr. Wamberg expressed his intention that the Management Purchasers would provide $15,000,000 in equity.
This Agreement (including the Schedules hereto) constitutes the entire agreement of the parties with respect to the subject matter hereof and may not be amended or modified except by an instrument in writing signed by the Company and a majority in interest of (i) the WCAS Purchasers, (ii) the Blackstone Purchasers and (iii) only in the case of any such modification affecting their rights hereunder, the Signal Purchasers and/or the Management Purchasers, as the case may be.
Upon its receipt of any Offering Notice or Amended Notice, the Company shall promptly, but in all events within three (3) business days of its receipt thereof, forward copies thereof to each of the Blackstone Purchasers, Signal Purchasers and Management Purchasers (collectively, the "Other Stockholders").
The Management Purchasers acknowledge that from and after the Closing, references to "Warburg" and "H&F" in the Management Subscription Agreement shall mean Warburg and H&F as defined herein, in lieu of the Original Warburg Signatories and the Original H&F Signatories, respectively.
Payment shall be made to the Company by wire transfer of immediately available funds to a bank account designated by the Company, against delivery to the Management Purchasers of certificates for the Shares to be purchased by them.
Vincent, as Chief Execxxxxx Xxxxxxx xx CAS and on behalf of the Management Purchasers, each of whom hereby appoints Mr. Vincent to act as his or her rexxxxxxxxxxxe for such purpose.
It is understood and agreed that the Management Securities will initially be reserved for offer and sale to the Management Purchasers upon the terms and subject to the conditions set forth in this Agreement and the Final Prospectus.
The issuance, sale and delivery of the Additional WCAS Class A Common Shares to the WCAS Purchasers and the Additional Management Class A Common Shares to the Management Purchasers on any Subsequent Closing Date shall be PRO RATA among the WCAS Purchasers and the Management Purchasers in proportion to the maximum number of shares of Class A Common Stock to be purchased by such Purchaser on Subsequent Closing Dates as set forth on Annex III.
At Closing, CAS shall grant options to the Management Purchasers to purchase the number of shares of Common Stock shown on Schedule 1.5 hereof.