Common use of The Recapitalization Clause in Contracts

The Recapitalization. Following the Distribution and immediately prior to the Effective Time, Grace intends to consummate the Recapitalization in which each holder of a Grace Common Share shall hold, immediately thereafter, a Grace Common Share and one one-hundredth of a NY Preferred Share.

Appears in 2 contracts

Samples: Distribution Agreement (Grace W R & Co /Ny/), Contribution Agreement (Fresenius Aktiengesellschaft)

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The Recapitalization. Following the Distribution and immediately Immediately prior to the Effective Time, but following the Distribution, Grace intends to consummate shall be recapitalized (the Recapitalization in which "Recapitalization") so that each holder of a Grace Common Share shall hold, immediately thereafter, a thereafter hold one Grace Common Share and one one-hundredth of a NY Preferred Share.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Fresenius Aktiengesellschaft), Distribution Agreement (Grace W R & Co /Ny/)

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