Common use of Conversion of Company Common Shares Clause in Contracts

Conversion of Company Common Shares. Each Company Common Share issued and outstanding immediately prior to the Effective Time (other than (i) shares to be cancelled and retired in accordance with Section 2.01(a), and (ii) Dissenting Shares) will be converted into the right to receive $65.00 in cash, without interest (the “Merger Consideration”).

Appears in 1 contract

Samples: Merger Agreement (STEINER LEISURE LTD)

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Conversion of Company Common Shares. Each The Company Common Share Shares that are issued and outstanding immediately prior to the Effective Time (other than (i) shares Shares to be cancelled and retired in accordance with Section 2.01(a2.08(a), and (ii) Dissenting Shares) will shall be converted into the right to receive $65.00 in cash, without interest (the Merger Consideration”).

Appears in 1 contract

Samples: Merger Agreement (SRAX, Inc.)

Conversion of Company Common Shares. Each Subject to Section 2.03, each Company Common Share issued and outstanding immediately prior to the Effective Time (other than (i) shares to be cancelled and retired canceled or converted in accordance with Section 2.01(a), and (ii) Dissenting Shares) will shall be converted into and shall thereafter represent the right to receive $65.00 receive, at the election of the holder of such Company Common Shares pursuant to the procedures set forth in cashSection 2.02, without interest any of the following forms of consideration (the “Merger Consideration”).):

Appears in 1 contract

Samples: Merger Agreement (Penn Virginia Corp)

Conversion of Company Common Shares. Each Company Common Share issued and outstanding immediately prior to the Effective Time or the Second Effective Time, as applicable) (other than (i) shares Shares to be cancelled and retired in accordance with Section 2.01(a2.08(a)), and (ii) Dissenting Shares) will shall be converted into the right to receive $65.00 in cash, without interest (the Closing Per Share Merger Consideration”), together with any amounts that may become payable in the future as provided in this Agreement, such as the remaining portion of the Purchase Price, at the respective times and subject to the contingencies specified herein and therein.

Appears in 1 contract

Samples: Merger Agreement (SRAX, Inc.)

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Conversion of Company Common Shares. Each Subject to Section 2.03, each Company Common Share issued and outstanding immediately prior to the Effective Time (other than (i) shares to be cancelled and retired canceled or converted in accordance with Section 2.01(a), and (ii) Dissenting Shares) will shall be converted into and shall thereafter represent the right to receive $65.00 receive, at the election of the holder of such Company Common Shares pursuant to the procedures set forth in cashSection 2.02, without interest any of the following forms of consideration (the "Merger Consideration”)."):

Appears in 1 contract

Samples: Merger Agreement (Denbury Resources Inc)

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