Redeeming SPAC Shares definition

Redeeming SPAC Shares means SPAC Ordinary Shares in respect of which the eligible (as determined in accordance with the SPAC Charter) holder thereof has validly exercised (and not validly revoked, withdrawn or lost) his, her or its SPAC Shareholder Redemption Right;
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Examples of Redeeming SPAC Shares in a sentence

  • Such individual issues, however, do not “doom the action to failure” because those defenses can “be the subject of separate proceedings.” GM Trucks, 55 F.3d at 815.

  • What ZCL is doing in Water & Wastewater is to bring the relatively new technology of fiberglass reinforced plastic (FRP) storage vessels to the large existing market for underground storage tanks that is currently dominated by concrete.

  • Bronx (BR) County Snapshot,” County Health Rankings & Roadmaps, accessed March 30, 2014, http://www.countyhealthrankings.org/app/new-york/2014/rankings/bronx/county/outcomes/overall/snapshot.In comparison, Manhattan received a 7.9 on the scale.

  • Following the Unit Separation, but prior to the First Effective Time, any Redeeming SPAC Shares, the holder of which validly exercised (and did not validly revoke or withdraw) the SPAC Shareholder Redemption Right, shall be redeemed in accordance with the SPAC Charter and shall not be converted in accordance with the other provisions of this Section 2.1.

  • The SPAC Board has received from Newbridge Securities Corporation an opinion to the effect that, as of the date of such opinion and based upon and subject to the qualifications, assumptions and limitations set forth therein, the Merger Consideration to be paid to the holders of SPAC Class A Shares (other than any Excluded Shares and Redeeming SPAC Shares) is fair, from a financial point of view, to such holders.

  • SPAC Class A Shareholders who elect to redeem all or part of their SPAC Class A Shares will not have any right to receive Successor Company Shares in exchange for the Redeeming SPAC Shares.

Related to Redeeming SPAC Shares

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Redemption Right has the meaning provided in Section 8.5(a) hereof.