FNFV definition
Examples of FNFV in a sentence
Shares of FNFV Common Stock subject to vesting and transfer restrictions (the “FNFV Restricted Shares”) shall be redeemed pursuant to Section 2.1(b) for shares of Splitco Common Stock that shall continue to have and be subject to the same terms and conditions as were applicable to such FNFV Restricted Shares immediately before the Redemption Date (including vesting and transfer restrictions).
If any record holder of FNFV Common Stock otherwise would be entitled to retain a fractional share of FNFV Common Stock or receive a fractional share of Splitco Common Stock in the Redemption, such record holder will instead receive cash in an amount based on the aggregation and sale of all fractional shares by the Redemption Agent at prevailing market prices on behalf of such holders.
FNF and JAX entered into the Separation and Distribution Agreement pursuant to which FNF, by and through Fidelity National Financial Ventures LLC (“FNFV”), caused FNFV to contribute (i) 1% of the Class A membership interests in ▇.
Adjustments to the Conversion Rate, the Number of FNF Basket Shares and the Number of FNFV Basket Shares for Certain Transactions.
Old Remy does not Beneficially Own any shares of New Remy Common Stock or FNFV Common Stock or any options or other rights to purchase or receive shares of New Remy Common Stock or FNFV Common Stock.
Immediately prior to the Effective Time, and following consummation of the Reorganization and the Contribution, all issued and outstanding Company Membership Interests will be held directly by FNH and FNFV.
The change in ▇▇▇▇▇’▇ position from executive Chairman to non-executive Chairman shall not affect any of ▇▇▇▇▇’▇ cash or equity incentive awards (including, without limitation, his FNF Group or FNFV Group stock options or restricted stock awards, his Black Knight restricted stock awards, his Service Link profits interest or his LTIP Award).
Except as set forth in Section 3.2 of the Company Disclosure Schedule, neither FNH nor any of its Subsidiaries is, nor will FNFV be, as of the Closing, a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any of the Company Membership Interests.
Section 9.13, Additional Interest, of the Indenture is hereby amended to replace each of the references to “Common Stock” in subsections (2) and (6) thereof with “FNF Common Stock and FNFV Common Stock”.
Old Remy has not entered into or acquired any derivative contract with respect to any shares of New Remy Common Stock or FNFV Common Stock or entered into any other hedging or other similar transaction that has the effect of providing Old Remy with the economic benefits, voting rights or risks of ownership of any shares of New Remy Common Stock or FNFV Common Stock (collectively, a “New Remy Interest”).