Common use of a Post Clause in Contracts

a Post. Flotation Transfer of shares in a Controlling Subsidiary but only if followed by a Distribution of proceeds of such transfer to the Investors and/or (if appropriate as determined by the Board) their Qualified Transferees;

Appears in 2 contracts

Sources: Ebt Contribution Covenant (Viatel Holding Bermuda LTD), Ebt Contribution Covenant (Viatel Holding Bermuda LTD)