Examples of Acquiror Common Share in a sentence
At the Effective Time, by virtue of the Merger and without any action on the part of the holder thereof, each Acquiror Common Share that is issued and outstanding immediately prior to the Effective Time shall be converted into one newly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Subject to Section 2.2(f), each share of Target Common Stock issued and outstanding immediately prior to the Effective Time (other than shares to be canceled in accordance with Section 2.1(a)) shall be converted into the right to receive (i) 0.6788 of an Acquiror Common Share and (ii) $2.46 in cash (the "Cash Consideration") (together, (i) and (ii) being referred to herein as the "Merger Consideration").
In consideration of the issuance and delivery of such Acquiror Common Share, Callco or Canco, as the case may be, shall pay a purchase price equal to the fair market value of such Acquiror Common Share.
Securities available for sale are stated at estimated fair value while securities held for maturity are stated at cost, adjusted for amortization of premiums and accretion of discounts.
The Company shall coordinate with the Acquiror the payment of any dividends with respect to any quarter of 1999, it being the intention of the parties that holders of the Company Common Shares shall not receive two dividends, or fail to receive one dividend, for any single calendar quarter with respect to their Company Common Shares or any Acquiror Common Share.
Each share of Acquiror Common Share issued and outstanding immediately prior to the Effective Time will remain issued and outstanding, and together with the Common Stock issued in accordance with this Agreement, will immediately thereafter constitute all of the issued and outstanding shares of the capital stock of the Surviving Corporation.