Same Securities Sample Clauses
The "Same Securities" clause defines the requirement that any securities issued or exchanged in a transaction must be identical in type, class, and rights to those originally held or referenced. In practice, this means that if a party is entitled to receive securities as part of a contract or agreement, those securities must match the original ones in all material respects, such as voting rights, dividend entitlements, or conversion features. This clause ensures consistency and fairness by preventing the substitution of inferior or materially different securities, thereby protecting the interests of the receiving party and maintaining the intended value and rights associated with the original securities.
Same Securities. Each of the Common Shares, Series A Preferred Shares and Series B Preferred Shares received by the Investor pursuant to this Agreement shall be of the same class and series of stock as each of the Common Shares, Series A Preferred Shares and Series B Preferred Shares, respectively, held by Green Equity Investors IV, L.P., a Delaware limited partnership, and its affiliates and co-investors (collectively, the “Other Investors”) on the Closing Date, and the price per share paid by the Investor for each Common Share, Series A Preferred Share and Series B Preferred Share shall be the same as the price per share paid by the Other Investors for each Common Share, Series A Preferred Share and Series B Preferred Share, respectively, on the Closing Date.
