Examples of EMC Shareholders in a sentence
In order to implement the Arrangement, the Arrangement Resolution must be approved, with or without amendment, by at least two-thirds of the votes cast by EMC Shareholders and EMC Optionholders voting together as a class, present in person or represented by proxy and entitled to vote at the Meeting, including a majority of the votes cast by EMC Shareholders.
No deficiency notice is proposed or, to the knowledge of the EMC Shareholders after reasonable inquiry, threatened against EMC.
No broker's or finder's fee will be payable by EMC in connection with the transactions contemplated by this Agreement, nor will any such fee be incurred as a result of any actions by EMC or any of the EMC Shareholders.
EMC Shareholders who hold EMC Shares as of the Effective Date have a period of six years from the Effective Date during which they may surrender the share certificate(s) representing the EMC Shares held by them as of the Effective Date, following which time they lose all rights to receive any consideration under the Arrangement; provided, however, that the rights of Dissenting EMC Shareholders will be governed by Article 3 of the Plan of Arrangement.
Appraisal Rights of EMC Shareholders (See page 346) Under the MBCA, EMC is required to state whether it has concluded that EMC shareholders are, are not or may be entitled to assert appraisal rights, which are generally available to shareholders of a merging Massachusetts corporation under Section 13.02(a)(1) of the MBCA, subject to certain exceptions.
Upon completion of the Arrangement there will be a total of 464,977,853 Uranium One Shares outstanding, approximately 21 percent of which will be owned by EMC Shareholders and approximately 79 percent of which will be owned by Uranium One Shareholders.
The proposed resources for subprogramme 1, Environment, amount to $10,939,100 and comprise $10,796,800 to provide for 32 posts (1 D-1, 3 P-5, 7 P-4, 10 P-3, 1 P-2, and 10 General Service (Other level)) and $142,300 in non-post resources relating to consultants ($37,400) and travel of staff ($104,900).
Notwithstanding this general rule of nontaxability, U.S. EMC Shareholders may be subject to U.S. federal income tax as a result of the Arrangement under the rules of Section 367 or the passive foreign investment company ("PFIC") provisions of the Internal Revenue Code (the "Code").
EMC Optionholders need not take any action with respect to the exchange of their EMC Options under the Arrangement, and accordingly the instructions in this section apply only to EMC Shareholders.
To the best knowledge of the EMC Shareholders, after reasonable inquiry, EMC has duly complied with, and its offices, real property, business, assets, leaseholds and equipment are in compliance in all material respects with, the provisions of the Federal Occupational Safety and Health Act ("OSHA"), the Environmental Protection Act, and all other environmental laws.