Share Confirmation definition

Share Confirmation means the irrevocable voting and support undertaking given by each of the Voting Shareholders to the Lenders and the Target pursuant to which the Voting Shareholders undertake and agree (amongst other things) that they will use all of the Equity Interests in the Target currently registered to, and beneficially held by them, to vote in favour of the Merger in any vote of the holders of Equity Interests in the Target in respect of the Merger such that, upon any such vote (and assuming that the Equity Interests already owned by the Parent also vote in favour of the Merger), at least 69.7 per cent. of the Equity Interests in the Target will vote in favour of the Merger.
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Examples of Share Confirmation in a sentence

  • If the applicable Preference Share Confirmation specifies that "Preference Share Automatic Early Redemption Amount 2" is "Applicable" then the Preference Shares may beautomatically redeemed early in accordance with the section entitled "A.

  • The amount payable on the relevant Preference Shares will be determined in accordance with the applicable type of redemption, as specified in the relevant Preference Share Confirmation and as set out for illustrative purposes below.

  • The Preference Share Underlying(s) may be one or more equity indices as shall be specified in the relevant Preference Share Confirmation annexed to the Issue Terms in respect of the related Securities.

  • Preference Share Automatic Early Redemption Amount 1" above in the same manner (and in the same amount) as if the relevant Preference Share Confirmation specified "Single Underlying Performance" to be "Applicable", together with thepotential to receive an additional amountcomponent.

  • If the relevant Preference Share Confirmation specifies "Preference Share Redemption Amount 3" to be "Applicable", the redemption amount of the Preference Shares will depend on whether the performance of the Preference Share Underlying is (i) at or above the barrier level on the final valuation date and (ii) at or above the digital option exercise level on the relevant valuation date.

  • If the relevant Preference Share Confirmation specifies "Preference Share Redemption Amount 2" to be "Applicable", the redemption amount of the Preference Shares will depend on whether the valuation priceof the Preference Share Underlying is at or abovetheinitial level as well as at or abovethe barrier level on the final valuation date.

  • The Preference Shares maybe automatically redeemed early(prior to the scheduled redemption date) if the relevant Preference Share Confirmation specifies "Preference Share Automatic Early Redemption Amount 3" to be "Applicable".