Examples of Stock Election Number in a sentence
Notwithstanding anything to the contrary herein, HII shall have the option, in its sole discretion, to change the Cash Election Number and the Stock Election Number to more closely follow the actual elections of the NorAm stockholders pursuant to this Section 2.4, so long as such modification to the Cash Election Number and the Stock Election Number does not prevent the conditions set forth in Sections 6.2(e) and 6.3(c) from being satisfied.
Subject to Section 4.5, the number of Shares to be converted into the right to receive Stock Consideration in the Merger (the "Stock Election Number") shall be equal to the number of Shares issued and outstanding immediately prior to the Effective Time of the Merger (not including any Excluded Shares) less the Cash Election Number.
All holders of Cash Election Shares shall, on a pro rata basis, have such number of their Cash Election Shares redesignated as Stock Election Shares so that the Cash Election Number and Stock Election Number are achieved.
Councillor Constantinides asked whether Social Services’ objection would constitute a strong enough reason for refusal of planning permission, and was advised by the Legal representative that on its own in planning terms, the comment was not enough, but the Committee could take it into account;6.
All holders of Stock Election Shares shall, on a pro rata basis, have such number of Stock Election Shares redesignated as Cash Election Shares so that the Stock Election Number and the Cash Election Number are achieved.