Examples of New Holdco LLC Agreement in a sentence
Until a duly executed copy of the Letter of Transmittal and A&R New Holdco LLC Agreement are delivered in accordance herewith, each Buddy’s Unit formerly held by any holder thereof as of immediately prior to the Effective Time shall be deemed at the Effective Time and any time thereafter to represent only the right to receive the Merger Consideration in respect thereof in accordance with the provisions of this Agreement.
As promptly as possible following the Closing Date, Liberty and Buddy’s shall send, or shall cause to be sent, to each record holder of Buddy’s Units that has not submitted such documentation prior to the Effective Time, the Letter of Transmittal and a copy of the A&R New Holdco LLC Agreement.
At the Effective Time, each holder of Buddy’s Units as of immediately prior to the Effective Time that has delivered a duly executed Letter of Transmittal together with a duly executed copy of the A&R New Holdco LLC Agreement shall be entitled to receive the Merger Consideration for each Buddy’s Unit formerly held by such holder as of immediately prior to the Effective Time.
At or prior to the Closing, the A&R New Holdco LLC Agreement shall have been executed and delivered by Liberty.
On the Closing Date, as contemplated by the Business Combination Agreement, certain of the Investment Vehicles entered into the New Holdco LLC Agreement.
At or following the Closing, each of the Buddy’s Members shall execute and deliver to Liberty its signature page to the A&R New Holdco LLC Agreement.
On April 1, 2020, in accordance with the New Holdco LLC Agreement and the Certificate of Designation of the Preferred Stock, one of the Investment Vehicles elected to cause New Holdco and the Issuer to redeem (i) 2,233,218.53 New Holdco Units and (ii) 446,643.71 shares of Preferred Stock, respectively, in exchange for 2,233,218.53 shares of Common Stock.
All WV WORKS recipients are to be scheduled for TABE or CASAS unless one of the exception exists under 2,a below.
The undersigned acknowledges and agrees that the Equity Interests are further subject to restrictions on sale and transfer under the Liberty Charter, the Certificate of Designation and the A&R New Holdco LLC Agreement.
Nothing in this Agreement shall affect, supersede or otherwise modify any of the restrictions on transfer set forth in the A&R New Holdco LLC Agreement.