Examples of Terms of Merger in a sentence
Their current transcription is attached to these Terms of Merger as Annex I.
The CBM Exchange Ratio results in an NV Share having the same economic interest as a PLC Share, and, subject to any rights exercised under the withdrawal mechanism described in paragraph 18 ( Withdrawal mechanism under Dutch Law) of the Common Draft Terms of Merger, the aggregate number of NV Shares and NV NYRSs as at the Latest Practicable Date, on a fully diluted basis, representing approximately 55.56% of the Unilever Group.
The merger is accounted using the book value method of accounting, whereby the acquiring company (being the Company) recognises the assets acquired and liabilities assumed at the carrying amounts in the separate financial statements as of the date of the legal merger, on the accounting date of as stipulated in the Draft Terms of Merger.
Calculation method of the Exchange Ratio” in the Terms of Merger (as attached to this Circular) for the calculation method of the exchange ratio.
Thus: o BBVA will not increase its share capital, and consequently no provision has to be included in the Terms of Merger with respect to the 2nd and 6th references of article 31 of Act 3/2009, regarding the Absorbed Company's share exchange ratio and procedures, and the date as of which the new shares will entitle holders to take a share in the corporate earnings (provided there are no new shares).
Further information on the valuation of NV and PLC is included in paragraph 12 (Goodwill and distributable reserves; valuation of assets) of the Common Draft Terms of Merger.
The text of the bylaws, as it stood at the date of this resolution, appears on Santander’s corporate website ( www.santander.com) and a copy of which is attached to the Draft Terms of Merger for the purposes of article 31(8) of the Structural Modifications Law.
On 25 October 2016, the Extraordinary General Shareholders’ Meeting of Gamesa was held and its shareholders approved the Merger in accordance with the Common Terms of Merger.
The Common Draft Terms of Merger will be filed with the Registrar of Companies not less than two months before the date of the PLC Court Meeting.The Common Draft Terms of Merger will be communicated to the public in the UK through a notice by the Registrar of Companies in the London Gazette published at least one month before the date of the PLC Court Meeting.
The Shareholder has taken notice of the Common Draft Terms of Merger which describe the procedure for the exercise of the Withdrawal Right and the terms for determination and payment of the cash compensation for the Exit Shares.