Dissenting Interests Sample Clauses

Dissenting Interests. Company Shareholders who would have the right to demand and perfect such holder’s rights to dissent from the Merger and to be paid the fair value of such holder’s shares in accordance with Sections 92A.300 to 92A.500 of the Nevada Act shall have waived all such Dissenters’ Rights as a condition to the Closing of the Merger.
AutoNDA by SimpleDocs
Dissenting Interests. Notwithstanding any provision of this Agreement to the contrary, including Section 2.8, Interests issued and outstanding immediately prior to the Effective Time and held by a holder who has not voted in favor of adoption of this Agreement or consented thereto in writing and who has properly exercised appraisal rights in accordance with Act (such Interests being referred to collectively as the “Dissenting Interests” until such time as such holder fails to perfect, withdraws or otherwise loses such holder’s appraisal rights under the Act with respect to such Interests) shall not be converted into a right to receive a portion of the Merger Consideration, but instead shall be entitled to only such rights as are granted by the Act; provided, however, that if, after the Effective Time, such holder fails to perfect, withdraws or loses such holder’s right to dissent pursuant to the Act or if a court of competent jurisdiction shall determine that such holder is not entitled to the relief provided by the Act, such Interests shall be treated as if they had been converted as of the Effective Time into the right to receive the portion of the Merger Consideration, if any, to which such holder is entitled pursuant to Section 2.8(b), without interest thereon. The Target Company shall provide Holdings prompt written notice of any demands received by the Target Company for appraisal of Interests, any withdrawal of any such demand and any other demand, notice or instrument delivered to the Target Company prior to the Effective Time pursuant to the Act that relates to such demand, and Holdings shall have the opportunity and right to direct all negotiations and proceedings with respect to such demands. The Target Company shall give notice to Target Company Members of their right to dissent and such notice shall comply with the Act. Except with the prior written consent of Holdings, the Target Company shall not make any payment with respect to, or settle or offer to settle, any such demands.
Dissenting Interests. Notwithstanding any provision of this Agreement to the contrary, each outstanding Company Common Stock, the holder of which has demanded and perfected such holder's right to dissent from the Merger and to be paid the fair value of such shares in accordance with Section 302A.471 of the Minnesota Act and, as of the Effective Time, has not effectively withdrawn or lost such dissenters' rights ("DISSENTING INTERESTS"), will not be converted into or represent a right to receive Parent Common Stock into which Company Common Stock are converted pursuant to Section 1.4 hereof, but the holder thereof will be entitled only to such rights as are granted by the Minnesota Act. Parent will cause the Company to make all payments to holders of Company Common Stock with respect to such demands in accordance with the Minnesota Act. The Company will give Parent (i) prompt written notice of any notice of intent to demand fair value for any Company Common Stock, withdrawals of such notices, and any other instruments served pursuant to the Minnesota Act and received by the Company, and (ii) the opportunity to conduct jointly all negotiations and proceedings with respect to demands for fair value for Company Common Stock under the Minnesota Act. The Company will not, except with the prior written consent of Parent or as otherwise required by law, voluntarily make any payment with respect to any demands for fair value for Company Common Stock or settle or offer to settle any such demands.
Dissenting Interests. There are no dissenters' rights of appraisal under Sections 1300 to 1313 of the California Corporations Code or otherwise, as all of the Company Shareholders are required to execute and deliver this Agreement as a condition of the Closing.
Dissenting Interests. Holders of Company Membership Interests -------------------- who have complied with all requirements for perfecting such Member's dissenting rights, as set forth in Section 17600 et seq. under the California Law, shall not be converted into the right to receive the consideration under Section 2.1.2, but instead shall be entitled to their rights under the California Law with respect to such Membership Interests ("Dissenting Interests") pursuant to Section 8.3 hereof.
Dissenting Interests. Company Shareholders who have properly demanded and perfected such holder’s rights to dissent from the Merger and to be paid the fair value of such holder’s shares in accordance with Section 302A.471 of the Minnesota Act and who have not waived or otherwise consented to the Merger, shall be accorded all such Dissenters’ Rights as a condition to the Closing of the Merger.
Dissenting Interests. (a) For purposes of this Agreement, “
AutoNDA by SimpleDocs
Dissenting Interests. No holder of Membership Interests who has the right to dissent to the Merger and demand payment for such Membership Interests has dissented and demanded payment for thefair value” of such Membership Interests in accordance with the Washington LLC Act in connection with the Merger, including any such holder that subsequently has withdrawn, failed to perfect or otherwise lost such holder’s right to such payment.
Dissenting Interests. Holders of not more than 10% of the issued and outstanding Common Units and Vested Incentive Units shall have properly demanded appraisal of, or dissenters' rights with respect to, such interests pursuant to Section 18-210 of the DLLCA.
Dissenting Interests. No holder of Membership Interests who has the right to dissent to the Merger and demand payment for such Membership Interests has dissented and demanded payment for thefair value” of such Membership Interests in accordance with the FLLCA in connection with the Merger, including any such holder that subsequently has withdrawn, failed to perfect or otherwise lost such holder’s right to such payment.
Time is Money Join Law Insider Premium to draft better contracts faster.