Examples of WFCF in a sentence
The LLC will pay the purchase price (i) by delivery of cash or immediately available funds in an amount equal to forty percent (40%) of the purchase price and (ii) by delivery of the same class of publicly traded stock issued by WFCF having an aggregate value equal to sixty percent (60%) of the purchase price, with the number of issued shares of such stock of WFCF based upon the average trading value of such stock in the four weeks prior to the closing of the purchase.
The LLC, upon the request of the Selling Holder, will provide the address of WFCF.
Each seller of Units will be required to enter into a lock-up agreement with respect to the WFCF stock consideration on terms substantially similar to those contemplated by the Purchase Agreement (including a 12-month lock-up period).
WFCF shall be the “tax matters partner” of the LLC within the meaning of Code § 6231(a)(7) (the “Tax Matters Member”), and shall serve as the Tax Matters Member of the LLC until its successor is duly designated by the Board.
WFCF shall exercise the Call Option, and SureHarvest or its individual transferees shall exercise the Put Option, by notifying the LLC and the other Members in writing of its desire to exercise the Call Option or Put Option, as applicable (the “Option Notice”).