Payment of Share Consideration. The Purchaser will, following receipt by the Company of the Final Order and prior to the Effective Time, deposit in escrow with the Depositary (the terms and conditions of such escrow to be satisfactory to the Parties, acting reasonably) sufficient Consideration Shares to satisfy the aggregate Share Consideration payable to Company Shareholders pursuant to the Plan of Arrangement.
Payment of Share Consideration. The Purchaser will, following receipt by CRH of the Final Order and in any event prior to or at the Effective Time, deposit, or cause to be deposited, in escrow with the Depositary sufficient funds to satisfy the Share Consideration payable to the CRH Shareholders pursuant to the Plan of Arrangement (other than CRH Shareholders exercising Dissent Rights and who have not withdrawn their notice of objection).
Payment of Share Consideration. The Purchaser shall, not later than on the Business Day prior to the sending by the Company of the Articles of Arrangement to the Director in accordance with Section 2.8, deliver or cause to be delivered to the Depositary in escrow (the terms of such escrow to be satisfactory to the Company and the Purchaser, each acting reasonably) pending the Effective Time, sufficient Purchaser Shares (and any treasury directions addressed to Purchaser's transfer agent as may be necessary) to satisfy the aggregate Share Consideration to be paid to Company Shareholders (other than dissenting Company Shareholders) and the other Arrangement Issued Securities to be issued to the other Persons under the Arrangement, as applicable.
Payment of Share Consideration. (a) At the Closing, upon surrender to APF of the Financial Common Share Certificates by the Principal Stockholders and the Financial Minority Stockholders for cancellation, together with any other required documents, the Principal Stockholders and the Financial Minority Stockholders shall receive an aggregate of 2,350,000 APF Common Shares (1,175,000 if the Reverse Split occurs prior to the Closing), pro rata based on their relative equity interests in CNL Financial as of the Closing Date, representing 100% of the Share Consideration to be issued in the Financial Merger and the Financial Common Share Certificates and so surrendered shall forthwith be canceled.
Payment of Share Consideration. As soon as practicable after Closing, Parent shall deliver the Share Consideration (less the Escrowed Shares) to the Shareholders.
Payment of Share Consideration. At or promptly following the Closing, ------------------------------ upon surrender to Xxxxxx of the Xxxxxx Share Certificates by the Stockholders for cancellation, together with any other required documents, the Stockholders shall receive the Xxxxxx Common Shares issuable in the Merger, less the shares to be placed in escrow as provided in Section 11.7.
Payment of Share Consideration. (a) As soon as practicable following the later of the Effective Date and the surrender to the Depositary for cancellation of a certificate that immediately prior to the Effective Time represented outstanding Exeter Shares that were transferred under Section 3.1, together with a duly completed Exeter Share Letter of Transmittal and such additional documents and instruments as the Depositary may reasonably require and such other documents and instruments as would have been required to effect such transfer under the BCBCA, the Securities Transfer Act (British Columbia) and the articles of the Company after giving effect to Section 3.1 the former holder of such Exeter Shares shall be entitled to receive in exchange therefor, and the Depositary shall deliver to such holder following the Effective Time, or make available for pick up at its offices during normal business hours, a certificate representing the Purchaser Shares that such holder is entitled to receive in accordance with Section 3.1(b) hereof, less any amounts withheld pursuant to Section 5.6. A8
Payment of Share Consideration. 9 4.3 Fractional NNN Common Shares . . . . . . . . . . . . . . . . . . . . 10 4.4 Transfer of Advisor Common Shares . . . . . . . . . . . . . . . . . 10 ARTICLE 5
Payment of Share Consideration. At the Closing, upon surrender to NNN of the Advisor Common Share Certificates by the Stockholders and the minority stockholders of the Advisor (the "Minority Stockholders") for cancellation, together with any other required documents, the Stockholders and the Minority Stockholders shall receive NNN Common Shares, pro rata based on their relative equity interests in the Advisor as of the Closing Date, representing 10% of the Share Consideration to be issued in the Merger and the Advisor Common Share Certificates so surrendered shall forthwith be canceled. The balance of the Share Consideration (the "Share Balance") will, subject to this Section 4.2, be issued within 90 days after the end of each Payment Period (up to a maximum of 20 Payment Periods) beginning the first full Payment Period following the Closing Date. For the purposes of this Section 4.2, a "Payment Period" shall mean any of the following three month periods: (i) the period beginning on January 2 and ending on April 1; (ii) the period beginning on April 2 and ending on July 1; (iii) the period beginning on July 2 and ending on October 1; and (iv) the period beginning on October 2 and ending on January 1. Within 90 days after the end of a Payment Period, the number of NNN Common Shares to be issued by NNN to the Stockholders and the Minority Stockholders out of the Share Balance will equal the product obtained by multiplying (i) the Share Balance by (ii) a fraction, the numerator of which is the total cost (in accordance with GAAP) of Completed New Acquisitions (as defined below) and Completed Development Projects (as defined below) occurring during the Payment Period (with the aggregate amounts less $45,000,000 over all Payment Periods for such purposes not to exceed $405,000,000) and the denominator of which is $405,000,000; provided, however, that for the purposes of this calculation, the first $45,000,000 of Completed New Acquisitions and Completed
Payment of Share Consideration. Against compliance with the provision of Clause 6.2, the Purchaser shall pay, on the Completion Date and in the manner specified in Clause 3.4, to the Vendor the Share Consideration.
