Examples of Consideration per Common Share in a sentence
The Purchaser shall, immediately prior to the sending by the Company of the Articles of Arrangement to the Director provide the Depositary with sufficient funds to be held in escrow (the terms and conditions of such escrow to be satisfactory to the Company and the Purchaser, each acting reasonably) to satisfy: (i) the aggregate Consideration per Common Share as provided in the Plan of Arrangement; and (ii) if the Preferred Shareholder Resolution is passed, the aggregate Consideration per Preferred Share.
In accordance with the Plan of Arrangement, at the time specified in the Plan of Arrangement, each RSU outstanding immediately prior to the Effective Time (whether vested or unvested) shall be transferred from the holder thereof to the Company in consideration for a cash payment by or on behalf of the Company equal to the Consideration per Common Share, subject to (for greater certainty) applicable Tax withholdings and other source deductions in accordance with Section 2.12.
Subject to and upon the fulfillment of the terms and conditions set forth in this Agreement, the Purchaser shall purchase and acquire from the Seller, and the Seller shall sell and deliver to the Purchaser, the Sale Shares and all of the Seller’s right, interest and title therein (including all dividends and distributions attaching thereto on or after the date hereof), for an aggregate purchase price of US$90,000,000 (the “Purchase Price”), representing the Per Share Consideration per Common Share.
The Board has unanimously determined, (i) after consultation with its financial advisor as to the financial terms of the transaction and legal advisors, that the Consideration per Common Share to be paid to Shareholders pursuant to the Arrangement is fair, from a financial point of view, to Shareholders, and (ii) that the Arrangement is in the best interests of eOne, and the Board has unanimously resolved to recommend that the Shareholders vote in favour of the Arrangement.
The Transactions are intended, subject to the terms and conditions hereof, to result in, among other things, Parent acquiring all Common Shares outstanding immediately prior to the Effective Time for the Consideration per Common Share and as set out in greater detail in the Plan of Arrangement.
The Purchaser shall, prior to the Effective Time, provide the Depositary with sufficient Purchaser Shares to be held in escrow (the terms and conditions of such escrow to be satisfactory to the Company and the Purchaser, each acting reasonably) to satisfy the aggregate Consideration per Common Share payable at the Effective Time as provided in the Plan of Arrangement.
Each Common Share outstanding immediately prior to the Effective Time, other than Common Shares held by a Dissenting Shareholder, shall be deemed to be transferred to AcquisitionCo (free and clear of all liens) and each Common Shareholder whose Common Shares are so transferred shall be entitled to receive from AcquisitionCo, for each Common Share so transferred, the Consideration per Common Share.
Purchaser has agreed to pay the Grantors the Political Rights Consideration per Common Share transferred to the Trust, other than in relation to any Additional Shares, for which Purchaser is not obligated to pay the Political Rights Consideration.
Each Option outstanding immediately prior to the Effective Time (whether vested or unvested) shall be transferred from the holder thereof to the Company in consideration for a cash payment by or on behalf of the Company equal to the amount, if any, by which the Canadian Equivalent of the Consideration per Common Share, in respect of each Option, exceeds the exercise price per Common Share of such Option, subject to (for greater certainty) applicable Tax withholdings and other source deductions.
Without limiting any of DDi’s other rights under this Agreement, the Consideration will be adjusted accordingly (i.e., a pro rata reduction in the amount of the Consideration per Common Share) if the number of outstanding Common Shares, on a fully-diluted basis, is greater than 19,404,307, if the In-the-Money Amount is more than $160,000 or if the amount payable in respect of the Coretec DSUs is more than $547,961, in each case at the Effective Date, unless DDi has otherwise consented in writing.