Common use of Holding Distribution Clause in Contracts

Holding Distribution. If at any time following the Closing, Holding distributes any of the Founder Securities (or Management Securities reallocated to Holding pursuant to the Acquiror LP Agreement) to any of Holding’s equity holders, notwithstanding anything to the contrary contained herein, such Securities shall be subject to this Section 10.7 and each provision applicable to Holding shall, mutatis mutandis, apply to such equity holder following such distribution.

Appears in 2 contracts

Sources: Contribution and Exchange Agreement, Contribution and Exchange Agreement (Evercore Partners Inc.)