ARCT IV Merger definition

ARCT IV Merger means the transactions contemplated by the ARCT IV Merger Agreement, including (i) the merger of ARCT IV with and into Thunder Acquisition, LLC, with Thunder Acquisition, LLC being the surviving entity and (ii) the merger of American Realty Capital Operating Partnership IV, L.P. with and into the Parent Operating Partnership, with the Parent Operating Partnership being the surviving entity.

Examples of ARCT IV Merger in a sentence

• The pro forma balances are preliminary as the actual amounts paid in cash will not be known until the closing of the ARCT IV Merger.

• Borrowings of approximately $533.3 million represent the assumed maximum cash payment to ARCT IV common stock holders of $30.00 per share for up to 25% of the outstanding shares, or 17.8 million shares, on the closing date of the ARCT IV Merger.

• The above projections are based on information available to the Company as of the date of the announcement of these materials and on assumptions pertaining to uncertain factors, which may affect future operating results, as of the date of the announcement of these materials.

• To date, 377 properties were acquired on June 27, 2013 by ARCT IV and 578 properties are anticipated to be acquired prior to the closing of the ARCT IV Merger.

• Kahane signed the 2013 Shelf Registration Statement used for the July 2013 Offering, the December 2013 Offerings and the May 2014 Offering; the registration statements for the January 2014 ARCT IV Merger and the February 2014 Cole Merger; and permitted use of his name to solicit proxies for the ARCT IV and Cole Mergers.

• The Company entered into an asset purchase agreement whereby they agreed to purchase assets from their external advisor, with a cost basis of $1.1 million in addition to the reimbursement of certain expenses related to the ARCT IV Merger and issuance of common stock for a total of $5.8 million.

• The actual amount to be paid will not be known until the ARCT IV Merger date.

• If the market price of ARCP’s common stock is less than $14.94 on the closing date of the ARCT IV Merger, the ARCT IV common stockholders will be eligible for additional cash consideration for the difference between the value of ARCP’s common stock and $14.94.

• If the market price of ARCP’s common stock is less than $14.94 on the ARCT IV Merger date, the ARCT IV common stockholders will be eligible for additional cash consideration for the difference between the value of ARCP’s common stock and $14.94.

• Plaintiffs Mitchell Ellis and Bonnie Ellis (collectively “Ellis”) purchased and/or acquired ARCP securities, including ARCP Series F Preferred stock issued in the ARCT IV Merger, during the Class Period, as set forth in their certifications attached hereto and incorporated herein, and were damaged thereby.