PSH definition
Examples of PSH in a sentence
Any purported transfer of PSH Shares in contravention of this paragraph shall be void.
Such Shareholder shall, immediately prior to the Closing, have good and valid title to the PSH Shares to be directly contributed by such Shareholder, free and clear of all Liens other than restrictions on transfers under applicable securities Laws.
Such Shareholding Vehicle(s) shall, immediately prior to the Closing, have good and valid title to the PSH Shares held by such Shareholding Vehicle(s), and such ownership interests and such PSH Shares shall, immediately prior to the Closing, be free and clear of all Liens other than restrictions on transfers under applicable securities Laws.
Upon receipt of written notice with respect to a Permitted Tax Disposition, and without any further action on the part of any person, Exhibit A shall be deemed amended to reduce the Subject PSH Shares of the disposing Shareholder in the amount of the PSH Shares so disposed.
Immediately prior to the Closing, the assets of such Shareholding Vehicle shall be comprised solely of the PSH Shares, and such Shareholding Vehicle shall have no liabilities other than tax liabilities relating to such PSH Shares.