Allocated Shares
Allocated Shares. Means, with respect to an ID&T Party, the aggregate number of shares of SFX Common Stock that such ID&T Party is to receive pursuant to the Allocated Shares Instructions (as defined in the Amended SPA) as set forth in Schedule 2.2(c)(ii) to the Amended SPA.
Found in
SFX Entertainment, INC contract
Allocated Shares. A number of shares of Pubco Common Stock equal to the Backstop Shares plus the Net Closing Cash Shares, provided, that if the Backstop Percentage equals one hundred percent (100%), then the Allocated Shares means a number of shares of Pubco Common Stock equal to greater of (a) the Backstop Shares or (b) 1,500,000 multiplied by the Net Closing Cash Percentage, rounded down to the nearest whole share.
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