Examples of APP Closing Merger Consideration in a sentence
In addition, at or prior to the APP Effective Time, FHC Wisconsin shall deposit or cause to be deposited with the Exchange Agent for the benefit of the holders of shares of APP Stock evidence of shares of FHC Wisconsin Common Stock and FHC Series 4 Preferred Stock sufficient to deliver the APP Closing Merger Consideration (such shares, together any dividends or distributions with respect thereto, hereinafter, the “Exchange Fund”).
FHC Wisconsin shall cause the Exchange Agent to deliver the APP Closing Merger Consideration to be issued pursuant to Section 3.1 out of the Exchange Fund.
FHC Delaware shall cause the Exchange Agent to deliver the FHC Wisconsin Merger Consideration and APP Closing Merger Consideration to be issued pursuant to Section 3.1 out of the Exchange Fund.
All issued and outstanding shares of APP Stock (other than any shares of APP Stock to be canceled pursuant to Section 3.1(c) and Dissenting Shares as described in Section 3.1(h)) shall be converted into the right to receive (A) the number of fully paid and nonassessable shares of FHC Delaware Common Stock equal to the APP Closing Merger Consideration, and (B) the number of Escrow Shares, if any, distributable to the Escrow Participants upon release thereof pursuant to the Escrow Agreement.
All issued and outstanding shares of APP Stock (other than any shares of APP Stock to be canceled pursuant to Section 3.1(c)) shall be converted into the right to receive (A) the number of fully paid and nonassessable shares of FHC Wisconsin Common Stock and FHC Wisconsin Series 4 Preferred Stock equal to the APP Closing Merger Consideration and (B) the number of Escrow Shares, if any, distributable to the Escrow Participants upon release thereof pursuant to the Escrow Agreement.