Repurchase Shares definition
Examples of Repurchase Shares in a sentence
Subject to the terms and conditions of this Agreement, Investor shall sell and surrender to PubCo, and PubCo shall repurchase from Investor, 13,804,733 Ordinary Shares held by the Investor (the Repurchase Shares), free and clear from any Encumbrance (other than those arising under applicable securities Laws) upon Closing and with all rights, title and interest attaching thereto (the Transaction) at an aggregate purchase price of EUR48,091,106 (the Repurchase Price).
Investor is (a) the sole legal and beneficial owner of the Repurchase Shares, free and clear from all Encumbrances (other than those arising under applicable securities Laws); and (b) entitled to transfer or procure the transfer of the full ownership of the Repurchase Shares to PubCo on the terms set out in this Agreement.
The obligations of the Company to purchase the Repurchase Shares at the Closing are subject to the consummation of the Secondary Offering in accordance with the terms and conditions of the Underwriting Agreement.