Certain Purchasers. Promptly after the Imperial Termination Date, ▇▇▇▇▇▇ shall offer to purchase, subject to the occurrence of the Closing, any and all shares of BDPH Common Stock to be owned beneficially or of record following the Merger by persons other than ▇▇▇▇▇▇ or any subsidiary of ▇▇▇▇▇▇ who were holders of shares of BDPH Common Stock prior to the Merger for cash at a price per share equal to the Per Share Consideration and, following the occurrence of the Closing, shall purchase promptly all such shares from holders accepting such offer. If any such shares are not so purchased, the parties will endeavor to cause all shareholders to become parties to the Stockholders' Agreement.
Appears in 1 contract
Sources: Recapitalization Agreement (Imperial Home Decor Group Holdings I LTD)
Certain Purchasers. Promptly after the Imperial Termination Date, Bord▇▇ ▇▇▇▇▇▇ shall ll offer to purchase, subject to the occurrence of the Closing, any and all shares of BDPH Common Stock to be owned beneficially or of record following the Merger by persons other than Bord▇▇ ▇▇ any subsidiary of Bord▇▇ ▇▇▇ or any subsidiary of ▇▇▇▇▇▇ who were holders of shares of BDPH Common Stock prior to the Merger for cash at a price per share equal to the Per Share Consideration and, following the occurrence of the Closing, shall purchase promptly all such shares from holders accepting such offer. If any such shares are not so purchased, the parties will endeavor to cause all shareholders to become parties to the Stockholders' Agreement.
Appears in 1 contract