Examples of Accepting Optionholders in a sentence
Each of the announcements must include the level of acceptances or the number or percentage of Accepting Shareholders and Accepting Optionholders in compliance with Note 2 to Rule 19 of the Takeovers Code.
In the event of competition between the Optionholders, the number of shares of Capital Stock and/or Options to be acquired by them pursuant to the Call Option shall be calculated on a pro rata basis ("Proportionate Interests"), relative to the Capital Stock and/or Options held by all Optionholders wishing to exercise the Call Option ("Accepting Optionholders").
Accepting Shareholders or Accepting Optionholders who elect to receive payment by electronic transfer may be charged fees by their bank or financial institution.
At the Call Option Closing, the Accepting Optionholders shall pay, without condition, Lxxx NAOC the applicable Call Price by wire transfer in lawful money of the United States of America and in immediately available funds, and Lxxx NAOC shall deliver to the Accepting Optionholders an assignment of, and any certificates evidencing, the Capital Stock and Options being transferred to them respectively.
As these devices will begin to dominate the economy, this is an ideal way of taxing them independent of who owns them.
Accepting Optionholders may elect to be paid in either Hong Kong dollars or in U.S. dollars, but not in both.
Accepting Optionholders are reminded to exercise caution when electing payment in theU.S. dollars, in particular, with respect to their ability to receive U.S. dollars in payment or to deposit U.S. dollar cheques into their bank accounts.
By accepting the Offer or Options Proposal (as the case may be), all accepting Shareholders, Exercising Optionholders and Accepting Optionholders (as the case may be) shall be deemed to have agreed to submit to the non-exclusive jurisdiction of the Singapore courts.
Irrespective of whether option certificates are returned to the Company for cancellation, if the Offers become or are declared unconditional, all option certificates in respect of the Share Options for which valid acceptances have been received from the relevant Accepting Optionholders shall be deemed cancelled with effect from the Closing Date.
The Scottish Executive's response to these questions is set out in the attached annex.