Parent ADS definition

Parent ADS means an American depositary share of Parent representing a beneficial interest in 0.5 Parent Ordinary Shares.

Parent ADS means American Depositary Shares of Parent, representing four (4) Parent Ordinary Shares.

Parent ADS means an American depositary share of Parent representing a beneficial interest in six newly issued Parent Ordinary Shares.

Examples of Parent ADS in a sentence

• At the Effective Time, each issued and outstanding share of common stock of the Company (each, a "Share") (excluding any Shares held in treasury of the Company or owned, directly or indirectly, by Parent or Merger Sub immediately prior to the Effective Time) was cancelled and converted into the right to receive 1.5117 (the "Exchange Ratio") American Depositary Shares of Parent ("Parent ADS") representing six ordinary shares of Parent ("Parent Ordinary Shares").

• No certificate or scrip representing fractional Parent ADSs or Merger Ordinary Shares will be issued in the Merger upon the surrender for exchange of Certificates, and such fractional Parent ADS or Merger Ordinary Share interests will not entitle the owner thereof to vote or to any rights of a holder of Parent ADSs or Merger Ordinary Shares.

• For purposes of this Section 3.1(d)(i), the term “Option Exchange Ratio” shall mean the sum of: (A) the Exchange Ratio and (B) the quotient of (I) $39.90, divided by (II) the closing price per Parent ADS on the Business Day immediately preceding the Effective Time (as reported by Nasdaq on such Business Day).

• See the discussions of “Section 2252A” and ““Section 2256,” below.

• Under applicable federal income tax rules, one reasonable approach to determine the fair market value of each Parent ADS received in the Transaction is the average of the highest and lowest quoted selling prices ($58.06 and $57.53, respectively) of one Parent ADS on the Effective Date, or $57.795.Former shareholders of the Company should consult their own tax advisors regarding their specific tax treatment of the Transaction (including but not limited to the computation of gain and tax basis).Line 17.

• The third recital to the Merger Agreement is hereby amended by replacing the words “each Parent ADS representing one Parent Ordinary Share” with “each Parent ADS representing a number of Parent Ordinary Shares equal to the ADS Ratio”.

• The Council has also made use of media news reports.All the websites referred to were last visited on 10 September 2021.

• The Parent ADS, when issued and delivered by Parent as described herein and in the Investment Agreements, will be duly authorized, validly issued, fully paid, nonassessable and free and clear of any and all Encumbrances and in suitable form for transfer and no Person will have any preemptive right of subscription or purchase or any other right in respect thereof.

• No certificates, American depositary receipts or scrip representing fractional Parent ADSs shall be distributed upon the conversion of Company Common Stock pursuant to Section 2.01, no dividends or other distributions of Parent shall relate to such fractional Parent ADS interests and such fractional Parent ADS interests will not entitle the owner thereof to vote or to any rights of a shareholder of Parent.

• There have been studies done about the use of technology regarding attention, aggression, and social connectedness.

More Definitions of Parent ADS

Parent ADS means an ADS, each currently representing the right to receive ten ordinary Parent Shares (and includes any additional Parent Shares at any time deposited or deemed deposited under the ADS Agreement and any other securities, cash and property received by the ADS Depositary in respect thereof and at such time held under the ADS Agreement); provided, that Parent expects to enter into an amendment to the ADS Agreement following completion of the Arrangement to cause each Parent ADS to represent the right to receive two ordinary Parent Shares, following the effectiveness of which holders of Parent ADSs outstanding at such time will receive additional Parent ADSs to reflect such change.

Parent ADS is defined in Section 2.1(c) of this Agreement.

Parent ADS means the American depositary shares covering Parent’s Ordinary Shares.

Parent ADS means an American depositary share or receipt of Parent representing one Parent Common Share.

Parent ADS means an American depositary share of Parent representing a beneficial interest in five (5) Parent Ordinary Shares.

Parent ADS means an American Depositary Share of Parent representing five Parent Ordinary Shares. “Parent Acquisition Proposal” means an Acquisition Proposal with respect to Parent.