The Company's. Liquidation Value" shall mean the Company's book value, as determined by the Company and approved by GGK. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering in accordance with the vote of the holders of a majority of the IPO Shares present, in person or by proxy, at a meeting of the Company's stockholders called for such purpose. At the time the Company seeks approval of any potential Business Combination, the Company will offer each holder of Common Stock issued in this Offering ("IPO Shares") the right to convert their IPO Shares at a per share price ("Conversion Price") equal to the amount in the Trust Fund (inclusive of any interest income therein) calculated as of two business days prior to the consummation of the proposed Business Combination divided by the total number of IPO Shares. If holders of less than 20% in interest of the Company's IPO Shares elect to convert their IPO Shares, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. If holders of 20% or more in interest of the IPO Shares, who vote against approval of any potential Business Combination, elect to convert their IPO Shares, the Company will not proceed with such Business Combination and will not convert such shares.
The Company's. Liquidation Value" shall mean the amount of funds in the Trust Account (including (a) the proceeds held in the Trust Account from this Offering and the Private Placement, (b) the amount held in the Trust Account representing the Deferred Underwriting Discount and (c) any interest income earned on the funds held in the Trust Account, net of taxes payable). Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. With respect to the initial Business Combination Vote, the Company shall cause the Initial Stockholders to vote all their IPO Shares and any other shares of Common Stock held by them, whenever and however acquired, in accordance with the vote of a majority of the Public Stockholders (as defined below). At the time the Company seeks approval of the initial Business Combination, the Company will offer to each holder of IPO Shares other than the Initial Stockholders (the "Public Stockholders") the right to convert their IPO Shares at a per share conversion price (the "Conversion Price"), calculated as of two business days prior to the consummation of such proposed Business Combination, equal to (A) the amount in the Trust Account inclusive of (x) the proceeds from this Offering and the Private Placement held in trust and (y) any interest income earned on the funds held in the Trust Account but exclusive of (1) taxes payable on any amount in the Trust Account, (2) $1.35 million of interest earned on the Trust Account which may be released to the Company to cover a portion of its operating expenses and (3) the Deferred Underwriting Discount divided by (B) the total number of IPO Shares. If a majority of the shares voted by the holders of IPO Shares are voted to approve the initial Business Combination, and if holders of less than 20% in interest of the IPO Shares vote against such approval of a Business Combination and elect to convert their IPO Shares, the Company may, but will not be required to, proceed with such Business Combination. If the Company elects to so proceed, it will convert shares, based upon the Conversion Price, from those holders of IPO Shares who affirmatively requested such conversion and who voted against the Business Combination. Only Public Stockholders shall be entitled to receive distributions from the Trust Account in connection with the approval of an initial Business Combination, an...
The Company's. Liquidation Value" shall mean the Company's book value, as determined by the Company and audited by CPA. In no event, however, will the Company's Liquidation Value be less than the Trust Fund, inclusive of any net interest income thereon. Only holders of IPO Shares shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. With respect to the Business Combination Vote, the Company shall cause all of the Initial Stockholders to vote the shares of Common Stock owned by them immediately prior to this Offering, as well as any shares of Common Stock acquired in connection with or following the offering, in accordance with the vote of the holders of a majority of the IPO Shares present, in person or by proxy, at a meeting of the Company's stockholders called for the Business Combination
Examples of The Company's in a sentence
The Company's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others.
The Company's lien on a Share shall also extend to any amount payable in respect of that Share.
The Company's fiscal year shall be the calendar year with an ending month of December.
The Company's determination of Bid's responsiveness is to be based on the contents of the Bid itself without recourse to extrinsic evidence.
The Company's decision shall be final and binding on the Contractor.
More Definitions of The Company's
The Company's address is: 16955 Via Xxx Xxxxx, Xxxxx 000 Xxx Xxxxx, Xxxxxxxxxx 00000 Attn: Gary X. Xxxxx, Xxesident and Chief Executive Officer Facsimile No.: (619) 000-0000 The Trustee's address is: Norwest Bank Minnesota, National Association Corporate Trust Services Sixth & Marquette N 9300-000 Xxxxxxxxxxx, Xxxxxxxxx 00000 Facsimile No.: (612) 000-0000
The Company's. Business" means development and deployment of an Internet broadcast and data delivery system using satellites, and other businesses or services that the Company may establish from time to time during the term of this Agreement.
The Company's address is: Del Xxxx Xxxporation 6001 00xx Xxxxxx Xxxxxxx, XX 00000 Attention: General Counsel The Trustee's address [for purposes of Sections 2.03 and 4.04] is: [Bank of Montreal Trust Company 88 Pxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000] xnd for all other purposes hereunder is: ------------------------------- ------------------------------- ------------------------------- Attn: Corporate Trust Division.]
The Company's capitalization is as set forth in the Prospectus; all of the issued shares of capital stock of each of the Subsidiaries have been duly and validly authorized and issued and are fully paid and non-assessable, and all of such shares are owned either by the Company or the Bank, directly or indirectly, free and clear of all liens, encumbrances, equities or claims of any third parties; and no holder of any security of the Company has the right to have any security owned by such holder included in the Registration Statement.
The Company's address : 00 Xxxxxxx Xxxxxx Xxxxxxx Xxxxxxxx Xxxxxxx Xxxxx Telephone number : 6642-8166 Facsimile number : 6641-5280 Postal code : 100032 MP4
The Company's. Net Assets" means the Company's book value, as determined by the Company and approved by its independent accountant. In no event, however, will the Company's Net Assets be less than the amount in the Trust Account, inclusive of any net interest income (after payment of, or provision for applicable taxes) thereon except to the extent there are creditors' claims not satisfied by amounts outside the Trust Account. Only holders of IPO Shares (as defined below) shall be entitled to receive liquidating distributions and the Company shall pay no liquidating distributions with respect to any other shares of capital stock of the Company. There will be no distribution from the Trust Account with respect to the Warrants, which will expire worthless if the Company is liquidated. With respect to any vote for any plan of dissolution and liquidation recommended by the Company's Board of Directors, the Company shall use its best efforts to cause all of the Company Affiliates and Initial Stockholders to vote the shares of Common Stock owned by them in favor of such plan of dissolution and liquidation.
The Company's. Credit Agreement" means the Credit Agreement dated as of July 31, 2006, among the the Company, the Company's subsidiaries and the lenders from time to time party to the agreement, and Bank of America, N.A., as administrative agent, as such agreement may have been and may be amended, restated, supplemented or otherwise modified.