Examples of Consideration Options in a sentence
Present and Prospective MarketsIn view of the above, Caspian Sea region countries potentially are large exporters of oil and gas.
Assuming the ratio for the Distribution will be 1.50 TMK Consideration Shares and 0.75 TMK Consideration Options for every Share held by Shareholders on the Record Date, and assuming that all Options on issue in Talon are exercised and that all Performance Rights on issue in Talon vest and convert into Shares prior to the Record Date.
Bidders are required to provide their drivers with a cell phone to provide County with communication accessibility.
In the case of Target Options held in joint names, any certificates or uncertificated holding statements for Consideration Options to be issued to Scheme Optionholders will be issued inthe names of the joint holders and will be forwarded to the holder whose name appears first in the Target Register on the Scheme Record Date.
Subject to the passing of Resolution 1, the Company proposes to make a pro-rata in-specie distribution of up to 1,009,017,240 TMK Consideration Shares and up to 504,508,620 TMK Consideration Options to Shareholders pursuant to an equal reduction of capital (Distribution).
Assuming 550,000,000 TMK Consideration Options are exercised into TMK Shares.
Upon Settlement of the Gurvantes Transaction, TMK will issue to the Company up to 1,100,000,000 TMK Consideration Shares and up to 550,000,000 TMK Consideration Options.
There are no participation rights or entitlements inherent in the Consideration Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the Consideration Options without exercising the Consideration Options.
The balance of the TMK Consideration Shares and the TMK Consideration Options (being 90,982,760 TMK Consideration Shares and 45,491,380 TMK Consideration Options) will be retained by Talon, some of which may be distributed to Talon’s advisers to satisfy certain transaction costs resulting from the Gurvantes Transaction.
To facilitate the issue of the Consideration Options to Scheme Optionholders on the Implementation Date, the Target must provide to the Bidder, or procure the provision to the Bidder, of a complete copy of the Target Register as at the Scheme Record Date (which must include the name, registered address and registered holding of each Scheme Optionholder as at the Scheme Record Date), within one Business Day after the Scheme Record Date.