Common use of Closing of Other Investors Clause in Contracts

Closing of Other Investors. Such other Investors shall have consummated, or will consummate simultaneously, the actions required by them to consummate the Recapitalization such that at least 97% of the shares of Series B Preferred Stock and 100% of the Series B-1 Preferred Stock will be converted in accordance with the terms of this Agreement at the Closing.

Appears in 2 contracts

Samples: Recapitalization Agreement (Moneygram International Inc), Recapitalization Agreement (Lee Thomas H Advisors LLC)

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Closing of Other Investors. Such other The Investors shall have consummated, or will consummate simultaneously, the actions required by them to consummate the Recapitalization such that at least 97% of the shares of Series B Preferred Stock and 100% of the Series B-1 Preferred Stock will be converted in accordance with the terms of this Agreement at the Closing.

Appears in 2 contracts

Samples: Recapitalization Agreement (Moneygram International Inc), Recapitalization Agreement (Lee Thomas H Advisors LLC)

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