Examples of Recovery Shares in a sentence
The number of such shares to be issued to FGH shall be 80% of the Xxxxxxx Recovery Shares Number, and the number of such shares to be issued to Ford shall be 20% of the Xxxxxxx Recovery Shares Number.
The number of such shares to be issued to FGH shall be 80% of the Goodwill Recovery Shares Number, and the number of such shares to be issued to Ford shall be 20% of the Goodwill Recovery Shares Number.
The Issuer and the Stockholders hereby agree to cause the Escrow Agent to promptly release all remaining cash proceeds from the Escrow Account upon expiration of the Stockholders' indemnification obligations or confirmation that the Stockholders then hold the aggregate number of Recovery Shares contemplated by this Section 4.7.
Maker represents and warrants to Lender that the representations and warranties set forth in Section 4 of the Pledge Agreement, as amended by this Amendment, are true and correct in all respects with respect to the Recovery Shares.
The Recovery Shares shall be allocated among the Stockholders in proportion to their respective ownership of the Acquiror Shares.
The aggregate number of Recovery Shares has been determined, and the Recovery Shares have been allocated as set forth above, in reasonable relation to the dollar value reasonably estimated to be attributable to the respective contingencies existing as of the date of this Agreement against which such Recovery Shares secure payment of indemnity.