Purchased Equity Sample Clauses

Purchased Equity. (i) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(c)(ii) and 1.8(a) of the Merger Agreement, 813 shares of the Rollover Stock owned by the Executive Securityholder shall be cancelled and converted into 23.334 shares of the Company’s Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”). (ii) Upon consummation of the Merger and in accordance with the provisions of Sections 1.7(d)(ii) and 1.8(a) of the Merger Agreement, Rollover Options to purchase 17,260 shares of H▇▇▇▇▇▇ Common Stock shall be cancelled and exchanged for (A) an option (the “Company Preferred Purchased Option”) to purchase 291.859 shares of the Preferred Stock and (B) an option (the “Investment Company Preferred Purchased Option”) to purchase 203.623 shares of the Investment Company’s Class A Preferred Stock, par value $0.01 per share (the “Investment Company Preferred”), in each case, at the applicable Exercise Price per share of underlying stock. The Company Preferred Purchased Option and the Investment Company Preferred Purchased Option issued to the Executive Securityholder pursuant to this Section 1(a)(ii) are hereafter collectively referred to as the “Purchased Options.” (iii) The shares of Class A Common Stock and the Purchased Options issued to the Executive Securityholder pursuant to this Section 1(a) are collectively referred to hereafter as the “Purchased Equity”.

Purchased Equity. As used herein, the term “Purchased Equity” shall mean the Seller Units issuable to Buyer and/or Buyer’s Permitted Designee at the Closing and at all relevant times thereafter in exchange for the Purchase Price in accordance with the terms of this Schedule 2.0 and, as applicable, the Agreement and Transaction Documents.

Purchased Equity. The Sellers are collectively the owners of the following equity securities (collectively, the “Purchased Equity”): (1) all Founder Shares, which are owned by the Founder Stockholders in the amounts set forth opposite their respective names on Part (1) of the Schedule of Sellers attached hereto; (2) those Investor Shares owned by the Selling Investor Stockholders in the amounts set forth opposite their respective names on Part (2) of the Schedule of Sellers attached hereto (collectively, the “Purchased Investor Shares”); (3) all Founder Units, which are owned by the Founder Partners in the amounts set forth opposite their respective names on Part (3) of the Schedule of Sellers attached hereto; (4) those Investor Units owned by the Selling Investor Partners in the amounts set forth opposite their respective names on Part (4) of the Schedule of Sellers attached hereto (collectively, the “Purchased Investor Units”); (5) all Executive Units, which are owned by the Executive Partners in the amounts set forth opposite their respective names on Part (5) of the Schedule of Sellers attached hereto; (6) all THP Corp. Shares, which are owned by THP Holdings as set forth on Part (6) of the Schedule of Sellers attached hereto; and (7) all THP LP General Partnership Interests, which are owned by THP Holdings as set forth on Part (7) of the Schedule of Sellers attached hereto.

Purchased Equity. The Executive will be given the opportunity upon the execution of this Agreement to purchase from affiliates of ▇▇▇▇ Capital, Inc., pursuant to a stock purchase agreement the form and substance of which are acceptable to such affiliates, Class A Common Stock and Class L Common Stock representing up to 2.5% of the aggregate number of shares of Class A and Class L common stock of Walco Holdings, Inc. outstanding on the effective date of this Agreement. Stock purchased pursuant to this Section 4.4 shall be purchased at the same price and in the same ratio of Class A Common Stock to Class L Common Stock as applied to the “Employee Stockholders” (as such term is defined in the Stockholders Agreement dated March 3, 1997 among the Company, Walco Acquisition, Inc. and the parties listed on Schedule 1 thereto (the “Stockholders Agreement”). The Executive must purchase Common Stock pursuant to this Section 4.4, if at all, by October 1, 1997. All shares purchased by the Executive pursuant to this Section 4.4, and all shares issued upon the exercise of options issued pursuant to Section 4.3, shall be, and shall be treated as, Management Shares as defined in, and under the terms of, the Stockholders Agreement as if such shares were originally issued and sold by the Company to the Executive.

Purchased Equity. Subject to the terms and conditions of this Agreement, at the Closing, Buyer shall purchase and acquire from each Equity Seller, and each Equity Seller shall sell, convey, transfer, assign and deliver to Buyer, all right, title and interest to the Purchased Equity, free and clear of all Liens (other than the Permitted Liens and restrictions under applicable securities Laws), for the consideration specified below.

Purchased Equity. Executive shall invest at the Effective Time $4,700,000 in Parent in connection with the Merger.

Purchased Equity. Upon the terms and subject to the conditions set forth in this Agreement, on the Closing Date, Seller agrees to, and to cause the other Equity Sellers to, sell, assign, transfer, convey and deliver to Purchaser, and Purchaser agrees to purchase, acquire and accept from the Equity Sellers all of the issued and outstanding Equity Interests of the Purchased Companies, free and clear of all Liens.

Purchased Equity. The Seller has full power, right and authority to transfer the Purchased Equity and the Mexican Purchased Equity to the Buyer. The Seller owns and is conveying to the Buyer the Purchased Equity and Mexican Purchased Equity, free and clear of all Liens.

Purchased Equity. Executive shall invest at the Effective Time $2,750,000 in Parent in connection with the Merger.