Examples of Applicable Merger Consideration in a sentence
If, after the Effective Time, such holder withdraws, fails to perfect or loses any such right to payment, such holder’s Dissenting Shares shall be treated as having been converted as of the Effective Time into the right to receive the Applicable Merger Consideration.
Notwithstanding the foregoing, Applicable Merger Consideration shall not be payable at or after the Effective Time with respect to any Dissenting Shares (as defined in Section 1.8 hereafter) or any shares of Company Common Stock with respect to which dissenters’ rights have not terminated.
Pubco shall be entitled to deduct and withhold from the Applicable Merger Consideration payable or otherwise deliverable to any holder of Company Securities, the Option Right, any Restricted Stock Award Rights and/or the Warrant Right pursuant to this Agreement such amounts as Pubco is required to deduct or withhold therefrom under the Code or under any provision of state, local or foreign tax law.
At the Effective Time, each of the holders of capital stock of the Company shall cease to have any rights as a stockholder of the Company (except as set forth in this Agreement with respect to the Applicable Merger Consideration), and the stock transfer books of the Company shall be closed with respect to all shares of capital stock of the Company outstanding immediately prior to the Effective Time.
Until surrendered as contemplated by this Section 1.7, each Company Stock C ertificate (other than any Company Stock Certificate representing Dissenting Shares), Company Convertible Debt Certificate and Company Option Certificate shall be deemed, from and after the Effective Time, to represent only the right to receive the Applicable Merger Consideration in accordance with this Agreement.