Common use of Cancellation of Rollover Shares Clause in Contracts

Cancellation of Rollover Shares. Subject to the terms and conditions set forth herein, the Rollover Shareholder irrevocably agrees that (a) its Rollover Shares (including those represented by ADSs) shall be cancelled for no consideration at the Effective Time in accordance with Section 2.1(c) of the Merger Agreement, and (b) other than its Rollover Shares, all the remaining Covered Securities of such Rollover Shareholder, if any, shall be treated as set forth in Sections 2.1(a) and 2.1(b) of the Merger Agreement and not be affected by the provisions of this Agreement. The Rollover Shareholder shall take all actions necessary to cause its Rollover Shares (including those represented by ADSs) to be treated as set forth herein.

Appears in 3 contracts

Samples: Support Agreement (Chindata Group Holdings LTD), Support Agreement (APG Asset Management N.V.), Support Agreement (Sk Inc.)

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Cancellation of Rollover Shares. Subject to the terms and conditions set forth herein, the Rollover Shareholder irrevocably agrees that (a) its his Rollover Shares (including those represented by ADSs) shall be cancelled for no consideration at the Effective Time in accordance with Section 2.1(c) of the Merger Agreement, and (b) other than its his Rollover Shares, all the remaining Covered Securities of such Rollover Shareholder, if any, shall be treated as set forth in Sections 2.1(a) and 2.1(b) of the Merger Agreement and not be affected by the provisions of this Agreement. The Rollover Shareholder shall take all actions necessary to cause its his Rollover Shares (including those represented by ADSs) to be treated as set forth herein.

Appears in 1 contract

Samples: Support Agreement (Liu Chengyan)

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Cancellation of Rollover Shares. Subject to the terms and conditions set forth herein, the each Rollover Shareholder irrevocably agrees that (a) its Rollover Shares (including those represented by ADSs) shall be cancelled for no consideration at the Effective Time in accordance with Section 2.1(c) of the Merger Agreement, and (b) other than its Rollover Shares, all the remaining Covered Securities of such Rollover Shareholder, if any, shall be treated as set forth in Sections 2.1(a) and 2.1(b) of the Merger Agreement and not be affected by the provisions of this Agreement. The Each Rollover Shareholder shall take all actions necessary to cause its Rollover Shares (including those represented by ADSs) to be treated as set forth herein.

Appears in 1 contract

Samples: Support Agreement (BCPE Bridge Cayman, L.P.)

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