Express Shares definition
Examples of Express Shares in a sentence
The acquisition of Corporate Express Shares and convertible debt of Corporate Express pursuant to the Offer.
The offer memorandum (biedingsbericht) filed (or to be filed) by the Borrower with, and approved (or to be approved) by, the AFM and (ii) the tender offer document filed with or submitted to the SEC, with respect to the Borrower’s offer to purchase all of the Corporate Express Shares (and, if applicable, the convertible debt of Corporate Express), in each case, which shall contain customary offer terms and conditions.
Upon transfer and delivery to ADE of the certificates for the Express Shares described in Article III of this Agreement, ADE shall receive good and marketable title to the Express Shares, all of the Express Shares shall be received by ADE as validly issued, fully paid and nonassessable, free and clear of all Encumbrances (other than any restrictions generally imposed by federal, corporate or territorial securities laws or as otherwise provided for in this Agreement).
Each of the Sellers hereby irrevocably constitutes and appoints ADE as attorney to transfer the Express Shares tendered hereby (as evidenced by the tendered stock certificates) on the books of the Company with full power of substitution in the premises.
One-half of all of the Issued Dollar Express Shares currently outstanding is owned of record and beneficially by each of the Management Shareholders free and clear.
At the closing of the Exchange (the “Closing”), the Stockholders shall exchange all of his (i) 9,999 Express Shares, and (ii) 999,999 Air Shares for the 19,999,900 Holdings Shares to be issued simultaneously by Holdings to the Stockholder.
The Express Shares being transferred hereby constitute all of the shares of Company Common Stock beneficially owned by each of the Sellers.
Each of the Sellers has full power to transfer the Express Shares hereby to ADE without obtaining the consent or approval of any other Person.
Under the terms of the National Express Offer, Stagecoach Shareholders would receive 0.36 National Express Shares per Stagecoach Share.
Of these, only 10,000 shares of voting Common Stock and 2,500 shares of non-voting Common Stock have been issued and are outstanding (collectively, the "Issued Dollar Express Shares").