Share Event definition
Examples of Share Event in a sentence
In case any Common Share Event described in Section 11(a)(ii) hereof shall occur, then, in any such case, the Corporation shall as soon as practicable thereafter give to the Rights Agent and each holder of a Right Certificate in accordance with Section 25 hereof, a notice of the occurrence of such Common Share Event, which shall specify such event and the consequences of the event to holders of Rights under Section 11(a)(ii) hereof.
For purposes of this Section 11(a)(iii), the value of Common Shares shall be the current market price per Common Share (as determined pursuant to Section 11(d) hereof) on the date of the first occurrence of such a Common Share Event.
After the occurrence of a Common Share Event, the Corporation will make all necessary arrangements so that the Common Shares and/or Other Consideration then deliverable in respect of the Rights are available for distribution by the Rights Agent.
When an Upside Gain Share Event (Upside risk) occurs, Upside risk share (cost saving) distributions will be issued to Participating Providers under this funding methodology: • Each County is eligible for a set amount of dollars based on member months.
If there shall occur a Santa Fe Share Event during the Santa Fe Share Event Term, Santa Fe and Sandstorm Barbados do hereby agree that Losses suffered by Sandstorm Barbados on a monthly basis during the continuance of any Santa Fe Share Event shall equal US$100,000.
If on any applicable Santa Fe Share Event payment date, Santa Fe is not a publicly traded company that is in good standing in accordance with requisite laws or such issuance may not then be made in full compliance with all requisite and applicable securities laws and stock exchange rules, then Santa Fe shall reimburse Sandstorm Barbados in respect of such Losses in cash, by wire transfer.
If CareOregon beats the target 91% Medical Loss Ratio (MLR) for Physical Health, AND the actual cost PMPM is less than the target cost PMPM, an Upside Gain Share Event (Upside risk) will occur.
Failure to cure a Seller Share Event within the Seller Share Event Cure Period shall result in a Pass-Through Trigger Event.
If at any time on or prior to November 15, 2003, a Share Event shall have occurred, the Company shall have the right, exercisable by giving notice of such redemption to the Trustee within five Business Days after the Share Event, to redeem the Debentures, in whole but not in part, on not less than twenty-five (25) Business Days (but not more than 60 days) notice to Holders of the Debentures.
Whenever the Exchange Price is adjusted pursuant to Section 9.1, the new Exchange Price shall be determined by multiplying the Exchange Price then in effect by a fraction of which (x) the numerator shall be the number of Topco Ordinary Shares outstanding immediately before such Ordinary Share Event and (y) the denominator shall be the number of Topco Ordinary Shares outstanding immediately after such Ordinary Share Event.