Examples of Tendering Stockholder in a sentence
SMIC or the Tender Offer Agent reserves the right to require presentation or submission of any additional documents for the purpose of, among others, enabling SMIC or the Tender Offer Agent to determine from any Tendering Stockholder (or any person acting on its behalf, including any Participating Broker) the validity, eligibility, and acceptability of any common shares in 2GO tendered pursuant to the Tender Offer.
If the Tendering Stockholder does not have a trading account with a stockbroker accredited by the PSE, it/he/she must also open and maintain a trading account with the Tender Offer Agent or any stockbroker accredited by the PSE within the Tender Offer Period.
Each Stockholder (any such Stockholder shall, for purposes of this Section 2.2, be referred to as a "Tendering Stockholder") shall have the right to sell or exchange all its Equity Securities pursuant to a tender or exchange offer for the Equity Securities (an "Offer").
If the Tendering Stockholder does not have a trading account with a stockbroker accredited by the PSE, it/he/she must open a trading account with the Tender Offer Agent or any stockbroker accredited by the PSE within the Tender Offer Period.
To determine the size of the settlement distribution (the “Settlement Distribution Amount”) to each Tendering Stockholder, the Administrator shall divide the number of Tendering Shares owned by the Tendering Stockholder by the Total Eligible Shares and multiply the quotient by the Net Settlement Amount.
Pursuant to the Tender Agreements, each Tendering Stockholder has agreed to tender and not to withdraw such Shares into the Offer no later than the fifth business day following commencement of the Offer (or, with respect to any Shares acquired after the date of the Tender Agreements, the later of such fifth business day or the fifth business day after acquisition of the Shares but in any event prior to the Expiration Date).
The Support Agreements also provide that the Tendering Stockholder will vote its Shares against alternative corporate transactions and will not solicit or engage in discussions with third parties regarding alternative corporation transactions.
Neither Parent nor the Purchaser has the power to cause any Tendering Stockholder to elect to exercise any option to acquire any shares of Common Stock and no such option, nor any share of Common Stock underlying any such option, is included in the calculation of beneficial ownership of Common Stock of the Company herein.
Shares must be delivered pursuant to the procedures for book-entry transfer set forth in Section 3 of the Offer to Purchase and a Book-Entry Confirmation must be received by the Depositary on or prior to the Expiration Date or (b) the Tendering Stockholder must comply with the guaranteed delivery procedures set forth below and in Section 3 of the Offer to Purchase.
Without this requirement, he submitted, there would be a potential disparity between the geographical “spread” of the inhabitants whose use had led to the acquisition of rights over the land and those who would enjoy the benefit of the rights acquired.