Equity Of GNW Sample Clauses

Equity Of GNW. The term "Equity of GNW" means the 100% interest in GNW held by the Investors. Within thirty (30) days after an Einstein Combination, the Investors may elect to exchange the Equity of GNW for shares of the Company's Series E Preferred Stock by written notice, followed promptly by a closing at which the Investors shall deliver to the Company such documents as shall be required to effectively transfer the Equity of GNW to the Company or its designees, and the Company shall deliver to the Investors, pro rata to their investment in GNW, validly issued, fully paid and non-assessable shares of Series E Preferred Stock having a cumulative liquidation preference equal to the Accreted Amount as of the date of such closing.
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