IFG Shares definition
Examples of IFG Shares in a sentence
As a guarantee for the performance of the obligations and undertakings of the Sellers pursuant to this Agreement, the Sellers shall on Completion place the IFG Shares in escrow pursuant to the Escrow Agreement.
The execution and delivery of this Agreement, and the consummation of the transactions contemplated hereby (including the issuance of the IFG Shares), have been duly authorised by all necessary corporate action on the part of IFG and the Buyer.
The number of IFG Shares to be delivered to the Sellers and Non Family Shareholders does not correspond to a round number of IFG Shares.
The consideration exceeding this round number of IFG Shares shall be paid in cash in the proportion set out in Schedule 3.2(a).
Except in case of fraudulent conduct or intentional fault (fraude, dol ou faute intentionnelle) the total indemnity for which the Sellers may be liable under the Agreement shall not exceed 70% of the Purchase Price actually paid to the Sellers (including the value of the IFG Shares) pursuant to Clause 3 including the Top-Up Payment 1 and the Top-Up Payment 2 and any Earn-Out payments which are due but excluding any amounts paid in respect of the Net Cash and the Net Profit.