Examples of Newco Common Share in a sentence
All of the Reorganization Shares will be transferred by Shareholders to Newco in exchange for Newco Common Shares on the basis of one Newco Common Share for each Reorganization Share held.
Each common share of Newco, par value $1.00 per share ( Newco Common Share) issued and outstanding immediately prior to the Effective Time shall automatically be cancelled and converted into the right to receive one validly issued, fully paid and non- assessable common share of the Amalgamated Company, par value $1.00 per share (each, an Amalgamated Company Common Share) (Newco Consideration).
All of the Reorganization Shares will be transferred by Shareholders to Newco in exchange for the issuance of Newco Common Shares on the basis of one Newco Common Share for each Reorganization Share held.
Each Sealed Air Common Share issued and out- standing immediately prior to the Effective Time (other than any Sealed Air Common Share owned by Grace or its subsidiaries or any Sealed Air subsidiary or held in Sealed Air's treasury) shall be converted into and become at the Effective Time one Newco Common Share.
As of January 25, 2016, there was one Newco Common Share validly issued and outstanding.
To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes as having been paid to the COS Shareholder or the holder of the Newco Common Share in respect of which such deduction and withholding was made, provided that such withheld amounts are actually remitted in accordance with applicable law to the appropriate taxing authority.
On the Effective Date, the name of each registered COS Shareholder and the name of the registered holder of the Newco Common Share shall be removed from the securities registers of COS and Newco, respectively, and replaced accordingly, and share certificates evidencing COS Shares and the Newco Common Share shall cease to represent any claim upon or interest in COS or Newco, as the case may be, other than the right of the holder to receive that which is provided for in sections 10 and 16 hereof.
Effect of MergerUpon the implementation of the Merger, EUHL will receive one Mergeco Common Share for each Newco Common Share held by it.
Each Newco Common Share and each Newco Convert- ible Preferred Share issued and outstanding immediately prior to the Effective Time shall remain issued and out- standing and shall be unchanged by the Merger.