Common use of Capitalization of Newco Clause in Contracts

Capitalization of Newco. On the Closing Date, immediately following the transactions described in Section ‎2.2 and immediately prior to the transaction described in Section ‎2.4, WFSG shall cause WFSG Sub to (a) contribute to Newco $102,000,000 in cash and (b) issue to Newco the WFSG Sub Note, and ▇▇▇▇▇▇▇▇ shall guaranty WFSG Sub’s obligations to Newco under the WFSG Sub Note by executing and delivering the note guaranty agreement, attached hereto as Exhibit M (the “Note Guaranty Agreement”).

Capitalization of Newco. On the Closing Date, immediately following the transactions described in Section ‎2.2 2.2 and immediately prior to the transaction described in Section ‎2.42.4, WFSG shall cause WFSG Sub to (a) contribute to Newco $102,000,000 in cash and (b) issue to Newco the WFSG Sub Note, and ▇▇▇▇▇▇▇▇ shall guaranty WFSG Sub’s obligations to Newco under the WFSG Sub Note by executing and delivering the note guaranty agreement, attached hereto as Exhibit M (the “Note Guaranty Agreement”).