Merger Security definition

Merger Security means any Common Share, Convertible Security, exchange right, call option, contractual right or obligation or other instrument of, or in respect of, the Company issuable in connection with an MSO Merger.
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Merger Security has the meaning set forth in Section 2.1(a).
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Examples of Merger Security in a sentence

  • The Merger Security Consideration to be issued hereunder has been duly authorized for issuance and, upon such issuance, will be validly issued, fully paid and nonassessable.

  • On the Closing Date, the Parent shall issue and deliver the Merger Security Consideration to each AI Owner in electronic book-entry form through the Parent’s transfer agent in accordance with the terms and conditions of this Agreement in such amount as set forth opposite each AI Owner’s name on Exhibit A to this Agreement.

  • After the Effective Time of the Merger, Security National Life agrees that it shall cause SSLIC to give those persons who were SSLIC' s officers, directors, attorneys, and accountants immediately prior to the Closing reasonable access to the records of SSLIC in connection with any litigation that may arise under this Agreement or any requirements of law or government regulations which may be applicable.

  • The Merger Security Consideration will be acquired for investment only and not with a view to, or with any intention of, a distribution or resale thereof, in whole or in part, or the grant of any participation therein in violation of the securities laws.

  • At the Effective Time of the Merger, Security Acquisition will be merged with ------------------------------------------- and into Bancorp pursuant to the terms, conditions and provisions of the Agreement of Merger and in accordance with the applicable provisions of the CGCL.