Share for Share Exchange definition
Examples of Share for Share Exchange in a sentence
The release of the MIHC Option by the Subscriber pursuant to Clause 2 and the grant of the New Option by King Digital Entertainment pursuant to Clause 3 shall take effect immediately upon the Share for Share Exchange being completed.
In consideration of the agreement by the Executive to release the MIHC Option, King Digital Entertainment undertakes to grant the Replacement Option subject to the Executive signing the written statement in Schedule 2 to this Agreement on the date of the Share for Share Exchange.
The release of the MIHC Option by the Manager pursuant to Clause 2 and the grant of the Replacement Option by King Digital Entertainment pursuant to Clause 3 shall take effect immediately upon the Share for Share Exchange being completed.
However, the undersigned is aware that the Company has entered into a Share for Share Exchange Agreement (the "Share Exchange Agreement") dated December 15, 1996 with TLC The Laser Center, Inc.
The release of the MIHC Option by the Executive pursuant to Clause 2 and the grant of the Replacement Option by King Digital Entertainment pursuant to Clause 3 shall take effect immediately upon the Share for Share Exchange being completed.