Examples of Target Common Share in a sentence
Section 4.1(a) of the Merger Agreement is hereby amended by deleting the phrase “$0.29 per Target Common Share (the “Merger Consideration”)” and inserting the phrase “$0.33 per Target Common Share (the “Merger Consideration”)” in lieu thereof.
At the Effective Time, all Target Common Shares that are owned by Target as treasury stock and each Target Common Share owned by Acquiror or any direct or indirect wholly owned subsidiary of Acquiror or of Target immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.
Pursuant to the Arrangement, the Target Shareholders will receive 1.2 common shares of Crosshair for each Target Common Share on the terms set out therein.
The consideration for the cancellation of any such Target Option shall be (x) the amount by which the Target Market Price (as defined below) of one share of Target Common Share exceeds the per share exercise price of such Target Option (y) multiplied by the number of Target Common Shares covered by the outstanding portion of the cancelled Target Option.
Each Target Common Share issued and outstanding immediately prior to the Effective Time (other than any Target Common Shares to be canceled pursuant to Section 1.4(a)(v) and any Dissenting Target Shares (to the extent provided in Section 1.9 of this Agreement)) will be canceled and entitled to no payment of any kind.
In the event of an adjustment in the Exchange Consideration as provided in Section 3.2(b), above, the number of Acquiror Common Shares to be received in exchange for each Target Common Share and each Partnership Interest, respectively, shall be multiplied by a fraction, the numerator of which is the number of Acquiror Common Shares which comprise the Exchange Consideration as adjusted pursuant to Section 3.2(b), above, and the denominator of which is five million (5,000,000).