Examples of Stock Electing Shares in a sentence
The Exchange Agent shall also make all the computation contemplated by this Section 2.07, including the determination of the number of Cash Electing Shares, Stock Electing Shares and Non-Electing Shares and, after consultation with Parent, all such computation will be conclusive and binding on the former holders of shares of the Company Common Stock absent manifest error.
The Consenting Stockholder hereby elects (the “Stock Election”) to, in the event the Merger occurs, receive in the Merger shares of Parent Common Stock at the Exchange Ratio in respect of the Stock Electing Shares.
As of the moment immediately prior to the Effective Time, the number of shares of AAC Common Stock that will be outstanding will equal the sum of (A) 3,809,524 minus (B) the final aggregate number of Stock Electing Shares immediately prior to the Effective Time (after giving effect to the provisions of ss.2(f)).
If a Form of Election is revoked, the certificate or certificates representing the Convertible Preferred Stock Electing Share or the Series A Preferred Stock Electing Shares to which such Form of Election relates shall be promptly returned to the stockholder submitting the same to the Exchange Agent.
Subject to the Company having received the proceeds, or the immediate right to receive the proceeds, of the Financing, AAC at the Closing will be capitalized with equity contributions in an amount at least equal to $80,000,000 minus the product of (i) the final aggregate number of Stock Electing Shares immediately prior to the Effective Time (after giving effect to the provisions of ss.2(f)) and (ii) $21.
Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time during the Commitment Period, to purchase Put Shares in an amount in each instance equal to the lesser of $1,000,000 or 250% of the Average Daily Trading Volume.
If you are a registered Broadcom shareholder, you will only be able to designate certain blocks of Broadcom Common Shares you own as Unit Electing Shares, but not as Cash Electing Shares or Stock Electing Shares.
Xxxxxxx Title: A General Partner SCHEDULE A Name Shares Number of of Common Pre-Closing Stock Electing Shares ------------------------------------------------------------------- WARBURG, XXXXXX CAPITAL 5,378,004 400,000 COMPANY, L.P. 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 WARBURG, XXXXXX & CO 99,500 0 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000.
As soon as practicable after the Election Deadline, the Exchange Agent shall determine the number of Cash Electing Shares, Stock Electing Shares and Non-Electing Shares, and shall notify Acquiror of its determination (a copy of which Acquiror shall promptly provide to the Company).
Notwithstanding anything herein to the contrary, New Avatex Common Stock into which Avatex Shares shall be converted in the Merger, or the Convertible Preferred Stock Alternate Consideration or Series A Preferred Stock Alternate Consideration into which Convertible Preferred Stock Electing Shares or Series A Preferred Stock Electing Shares shall be converted in the Merger, shall be deemed to have been received, issued and/or paid as of the Effective Time.