Examples of Target Common Shares in a sentence
All of the outstanding Target Common Shares are validly issued, fully paid and nonassessable, and free of preemptive rights.
At the Effective Time, all remaining restrictions with respect to the Target Restricted Stock shall expire and the Target Restricted Stock shall be treated as Target Common Shares in accordance with Section 3.1(b).
The only vote or written consent of the holders of any class or series of Parent’s capital stock that shall be necessary to consummate the Transactions is the approval by a majority of the voting power of the Parent Common Shares of the issuance of Parent Common Shares to the holders of Target Common Shares as a result of the Transactions (the “Parent Stockholders’ Approval”).
Shareholder agrees not to exercise any rights (including, without limitation, under Sections 1701.84 and 1701.85 of the Ohio General Corporation Law) to demand appraisal of any Target Common Shares which may arise with respect to the Merger.
As a result, if the number of shares tendered in the Tender Offer is less than such a lower limit, the Offeror will not purchase the Target Common Shares through the Tender Offer.