Examples of TeleChem Shares in a sentence
Simultaneously with the merger of Merger Sub with and into TeleChem, the Shareholders will exchange their TeleChem Shares for shares of the common stock of Integrated Media.
TeleChem Shares that have not been voted for adoption of the merger and with respect to which dissenter’s rights have been properly demanded in accordance with Section 262 of the Delaware Law (“Dissenting Shares”), shall not be converted into the right to receive the Merger Consideration at or after the Effective Time unless and until the holder of such shares withdraws his demand for dissenter’s rights or becomes ineligible of dissenter’s rights.
Upon surrender of a Certificate for cancellation to Integrated Media together with such duly executed documents as may be required, the holder of such Certificate shall be entitled to receive in exchange therefor the Merger Consideration which such holder has the right to receive in respect of TeleChem Shares formerly represented by such Certificates, together with any dividends or other distributions to which such holder is entitled pursuant to Section 2.07(b).
Section 3.03(a) of the TeleChem Disclosure Schedule shall set forth the date of grant, exercise price, number of shares of TeleChem Shares exercisable for and the expiration date for each outstanding option, warrant and other convertible security of TeleChem.
All of the issued and outstanding TeleChem Shares have been duly authorized, are validly issued, fully paid, and nonassessable.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Regulation (EEC) No 4064/89 (3), it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.
As set forth in Sections 2.06 and 2.07 hereunder, simultaneously with the merger of Merger Sub with and into TeleChem, the Shareholders will exchange their TeleChem Shares for shares of the common stock of Integrated Media.
At the Effective Time, the stock transfer books of TeleChem shall be closed and there shall be no further registration of transfers of shares of TeleChem Shares thereafter on the records of TeleChem.
At the Effective Time, each then outstanding option to purchase shares of TeleChem Shares granted by TeleChem (collectively, the “TeleChem Options”), shall, as of the Effective Time, automatically and without any action on the part of the holder thereof, be cancelled and of no further force or effect.