Common use of Cash Subscriptions Sufficient Clause in Contracts

Cash Subscriptions Sufficient. If the Cash Election Number is equal to the Target Cash Conversion Number, then subparagraphs (i) and (ii) above shall not apply, all Cash Election Shares shall be converted into the right to receive the Per Share Cash Consideration, and all Stock Election Shares and No Election Shares shall be converted into the right to receive the Per Share Stock Consideration.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (KAYAK Software Corp), Agreement and Plan of Merger (Priceline Com Inc)

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Cash Subscriptions Sufficient. If the number of Cash Election Number Shares (including any Dissenting Shares) is equal to the Target Cash Conversion Number, then subparagraphs (iSection 1.5(a) and (iib) above shall not apply, apply and all Cash Election Shares shall be converted into the right to receive the Per Share Cash Consideration, Consideration and all Stock Election Shares and No Non-Election Shares shall be converted into the right to receive the Per Share Stock Consideration.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Capital Bancorp, Inc.), Agreement and Plan of Merger (Park Sterling Corp)

Cash Subscriptions Sufficient. If the number of Cash Election Number Warrants is equal to the Target Warrant Cash Conversion Number, then subparagraphs (ia) and (iib) above shall not apply, apply and all Cash Election Shares Warrants shall be converted into the right to receive the Per Share Warrant Cash Consideration, Consideration and all Stock Election Shares Warrants and No Non-Election Shares Warrants shall be converted into the right to receive the Per Share Warrant Stock Consideration.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Park Sterling Corp), Agreement and Plan of Merger (First Capital Bancorp, Inc.)

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Cash Subscriptions Sufficient. If the number of Cash Election Number Shares (including any Dissenting Shares) is equal to the Target Cash Conversion Number, then subparagraphs (ia) and (iib) above shall not apply, apply and all Cash Election Shares (including Dissenting Shares) shall be converted into the right to receive the Cash Consideration and all Stock Election Shares and Non-Election Shares shall be converted into the right to receive the Per Share Cash Consideration, and all Stock Election Shares and No Election Shares shall be converted into the right to receive the Per Share Stock Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Park Sterling Corp)

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