Examples of Outstanding Company Shares in a sentence
All Outstanding Company Shares, when so converted, will no longer be outstanding and will automatically be canceled and retired and will cease to exist, and each Stockholder holding a certificate representing such Outstanding Company Shares will cease to have any rights with respect thereto, except the right to receive the Merger Consideration represented by such certificate in accordance with this Article 2.
The number of shares of Company Capital Stock which, as of the Closing, have become or could be entitled to become Dissenting Shares will not exceed 3% of the aggregate number of Outstanding Company Shares as of the Effective Time.
The Company will have furnished to the Purchaser as of three Business Days preceding the Closing Date in writing the names, addresses and number of shares held by any holders of such dissenting shares, together with the Stockholders holding Outstanding Company Shares and number of shares held by them who have given written consent to the Agreement and the Merger, certified by the Company’s Secretary.
After the Class L Per Share Preference Amount has been paid in full, the Stockholders holding Outstanding Company Shares will be entitled to receive a portion of the aggregate Net Merger Consideration as described in clause (ii) below and as set forth on the Final Merger Consideration Allocation Schedule.