Cash for Fractional Shares. To sell, in the principal market therefor, on the Exchange Date, a number of Shares equal to the aggregate number of fractional Shares determined pursuant to clause (i) (B) above, rounded down to the nearest integral number; and to determine the difference between (A) the aggregate proceeds of such sale (net of any brokerage or related expenses) and (B) the product of the number of Shares so sold and the Average Market Price; and, in accordance with Section 2.3 of the Indemnity Agreement, to pay such difference, if positive, to Seller, or to request payment of such difference, if negative, from Seller;
Cash for Fractional Shares. To sell, in the principal market therefor, on the Exchange Date, a number of Shares equal to the aggregate number of fractional Shares determined pursuant to clause (i) (B) above, rounded down to the nearest integral number; and to determine the difference between (A) the aggregate proceeds of such sale (net of any brokerage or related expenses) and (B) the product of the number of Shares so sold and the Average Market Price; and, in accordance with the Indemnity Agreement, to pay such difference, if positive, to Goldxxx, Xxchx & Xo., or to request payment of such difference, if negative, from Goldxxx, Xxchs & Co.;
Cash for Fractional Shares. To sell, in the Principal market therefor, on the Exchange Date, a number of Shares equal to the aggregate number of fractional Shares determined pursuant to clause (i) (B) above, rounded down to the nearest integral number; and to determine the difference between (A) the aggregate proceeds of such sale (net of any brokerage or related expenses) and (B) the product of the number of Shares so sold and the Reference Market Price; and, in accordance with the Indemnity Agreement, to pay such difference, if positive, to Bear, Stearns & Co. Inc., or to request payment of suxx xxxxerence, if negative, from Bear, Stearns & Co. Inc.;
Cash for Fractional Shares. To sell, in the principal market therefor, on the Exchange Date, a number of shares of Xxxxxx Common Stock equal to the aggregate number of fractional shares, if any, determined pursuant to clause (i)(B) above;
Cash for Fractional Shares. Notwithstanding any other provision of this Agreement, each holder of shares of Company Common Stock exchanged pursuant to the Merger who would otherwise have been entitled to receive a fraction of a share of Parent Common Stock (after taking into account all Company Certificates delivered by such holder) shall receive, in lieu thereof, cash (without interest) in an amount equal to the product of (i) such fractional part of a share of Parent Common Stock multiplied by (ii) the closing price for a share of Parent Common Stock on The American Stock Exchange LLC (the “AMEX”) on the date of the Effective Time or, if such date is not a Business Day, the Business Day immediately before the date on which the Effective Time occurs.
Cash for Fractional Shares. To sell, in the principal market therefor, on the Exchange Date, a number of Shares equal to the aggregate number of fractional Shares determined pursuant to clause (i)(B) above, rounded down to the nearest integral number; and to determine the difference between (A) the aggregate proceeds of such sale (net of any brokerage or related expenses) and (B) the product of the number of Shares so sold and the Average Market Price; and, in
Cash for Fractional Shares. To sell, in the principal market therefor, on the Business Day following the date on which Seller or the Collateral Agent delivers Class A Common Stock and Marketable Securities to the Trust, a number of Shares equal to the aggregate number of fractional Shares determined pursuant to clause (i)(B) above, rounded down to the nearest integral number; and to determine the difference between (A) the aggregate proceeds of such sale (net of any brokerage or related expenses) and (B) the product of the number of Shares so sold and the Average Market Price; and, in accordance with Section 2.3 of the Indemnity Agreement, to pay such difference, if positive, to Seller, or to request payment of such difference, if negative, from Seller or from the Collateral Agent from the proceeds of the collateral under the Collateral Agreement;
Cash for Fractional Shares. To sell, in the principal market therefor, on the Business Day immediately following the Optional Acceleration Date, a number of shares of Dollar General Common Stock equal to the aggregate number of fractional shares, if any, determined pursuant to clause (i)(B) above;
Cash for Fractional Shares. To sell, in the principal market therefor, on the Business Day immediately following the Optional Acceleration Date, a principal amount of each issue of U.S Treasury Securities equal to the aggregate number of fractional units, if any, of such issue of U.S. Treasury Securities determined pursuant to clause (ii)(B) above;
Cash for Fractional Shares. No fractional Marwich Nevada Shares shall be issued in the Merger. Each holder of American Shares shall be entitled to receive in lieu of any fractional Marwich Nevada Shares to which such holder otherwise would have been entitled pursuant to Section 5.1 (after taking into account all American Shares then held of record by such holder) a cash payment in an amount equal to the product of (i) the fractional interest of a Marwich Nevada Share to which such holder otherwise would have been entitled and (ii) the fair market value of one (1) Marwich Nevada Share as determined by Marwich Nevada’s Board of Directors in good faith.
