Common use of Post-Closing Transactions Clause in Contracts

Post-Closing Transactions. MHE and one of its Subsidiaries shall purchase all of the Hercules Shares from HCHC and HMH for an aggregate price of $2 million payable in immediately available funds. Such price shall be paid to HCHC and HMH pro rata based on their ownership of the Hercules Shares.

Appears in 2 contracts

Sources: Recapitalization Agreement (MMH Holdings Inc), Recapitalization Agreement (Morris Material Handling Inc)