Common use of Received Consideration Clause in Contracts

Received Consideration. The obligations of the Stockholders with respect to any Approved Sale are subject to the satisfaction of the condition that upon the consummation of such sale, all of the holders of Common Stock shall receive the same forms and amounts of consideration per share outstanding, or if any holders are given an option as to the form and amount of consideration to be received per share, all holders shall be given the same option.

Appears in 2 contracts

Sources: Stockholder Agreement (Impac Group Inc /De/), Stockholder Agreement (Impac Group Inc /De/)