Examples of Series E Shares in a sentence
Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer Item 6 is amended and supplemented by adding the following: On March 23, 2023, CPPIB entered into a purchase agreement (the “Purchase Agreement”) with the Issuer, pursuant to which CPPIB agreed to sell and the Issuer agreed to buy 1,192,941 Non-Voting Series C Shares and 404,771 Non-Voting Series E Shares of the Issuer owned by CPPIB at a purchase price of $213.13 per Share (the “Transaction”).
At the Closing, Enstar shall pay to CPPIB the amounts set forth on Schedule 1 in respect of the Non-Voting Series C Shares and the Non-Voting Series E Shares (such amounts, together, the “Closing Payment”) and CPPIB shall, in exchange thereof, sell to Enstar the number of Non-Voting Series C Shares and Non-Voting Series E Shares as set forth opposite CPPIB’s name on Schedule 1, free and clear of all Liens.