Common use of Initial Subscription Amount; Backstop Commitment Clause in Contracts

Initial Subscription Amount; Backstop Commitment. Each Backstop Party other than Parent shall have wired its Initial Subscription Amount and Backstop Commitment, if any, into the bank account so designated by the Parent.

Appears in 2 contracts

Sources: Backstop Commitment Agreement, Backstop Commitment Agreement (Claires Stores Inc)