Venture Deals · glossary
Extra money Meridian promised the holders who took cash or were dragged at the Exchange, if it resold Solaris within 24 months above set values. The €42,000,000 sale cleared both steps, so it pays €1,000 more a share. Deed of Exchange, clause 5 · Chapter 15
Explained in Chapter 15, The Exchange, the Reorganisation and the Handover, of Venture Deals.
The resale share is the Uplift in clause 5 of the deed. It paid up to €1,000 more on each share if Meridian sold Solaris within two years at a high enough value. Meridian did, and Chapter 15 follows that payment.Read Chapter 14, Transfers, Tag and Drag →
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