Examples of Contributed Cash in a sentence
For purposes of this Agreement, the "Conversion Number" shall equal the sum of (i) the number of Contributed Company Common Shares (as such term is defined in the Contribution Agreement) plus (ii) (x) the amount of Saw Mill Contributed Cash (as such term is defined in the Contribution Agreement) plus 100 divided by (y) the per share Merger Consideration.
Holding desires to contribute the Contributed Cash to the capital of OCIP and, in exchange, OCIP desires to issue to Holding common units representing limited partner interests in OCIP (“Common Units”).
The partners named in the Saw Mill Limited Partnership Agreement, taken together, have committed, subject to the terms and conditions contained therein, to contribute the Contributed Cash and the Contributed Company Common Shares to Saw Mill.
At the Closing, and subject to the terms and conditions of this Agreement, Holding shall contribute the Contributed Cash to the capital of OCIP (the “Capital Contribution”) in exchange for a number of Common Units equal to the Capital Contribution divided by the Issue Price (the “Issued Units”).
Plaintiffs assert that the Delta LLC Directors breached their fiduciary duties of care, good faith and loyalty by allowing the second restructuring transaction to proceed to closing while knowing that the value of the Contributed Cash Flow Certificates had been misrepresented.