Examples of Dissenting Securityholders in a sentence
Assuming there are no Dissenting Securityholders and assuming no Cash Consideration is elected to be received, there will be approximately 33,204,251 NewCo Class A Shares and 810,000 NewCo Class B Shares outstanding after giving effect to the Arrangement, on a non-diluted basis.
Assuming there are no Dissenting Securityholders and assuming the maximum aggregate Cash Consideration is elected to be received, there will be approximately 29,037,584 NewCo Class A Shares and 810,000 NewCo Class B Shares outstanding after giving effect to the Arrangement, on a non-diluted basis.
Effect of the ArrangementEach Securityholder, other than Dissenting Securityholders, will be deemed to transfer the Rolling Thunder Securities or San Telmo Securities, as applicable, held by them to NewCo in exchange for the applicable number of NewCo Securities determined by the Per Security Consideration.
All such Dissenting Securityholders shall be joined as parties to any such application to the court to fix a fair value and shall be bound by the decision rendered by the court in the proceedings commenced by such application.
In 2017, the Company expects that it will continue to create growth in Choice Properties by selling a portion of its remaining portfolio of properties which includes approximately8.4 million square feet of GLA to Choice Properties.