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Re: sps50 post# 82045

Tuesday, 02/19/2019 11:23:28 AM

Tuesday, February 19, 2019 11:23:28 AM

Post# of 85923
The confusion that arises is term “ Company ”

Company ” is defined in the Preamble

On February 4, 2019, Spectrum Global Solutions, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Purchase Agreement”) with WaveTech Global Inc. (“WaveTech”), a Delaware corporation,

yet

in def -Company Net Equity Value ” means $110,000,000.00

and

2.3 (b) Payments at Closing . At the Closing, the Estimated Buyer Closing Debt shall be paid by the Company, at its discretion, on behalf of Buyer at the Closing to the applicable payees pursuant to and in accordance with the Pay-Off Documents and Schedule 2.3 to this Agreement; and

Sure looks like "company" refers to Wavetech here.



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