Definition of Afinsa Securities


Afinsa Securities means the number of shares of Common Stock determined by subtracting (x) the number of shares of Common Stock representing nine and nine tenths of a percent (9.9%) of the shares of Purchaser to be outstanding immediately following the Closing, multiplied by a fraction, the numerator of which is 271,514 and the denominator of which is 18,642,067 (the “Retained Afinsa Securities”), from (y) 271,514.

Examples of Afinsa Securities in a sentence

Afinsa is the sole record and beneficial owner of the Afinsa Securities to be sold hereunder, free and clear of all Liens.