No Fractional Securities. No fractional Parent Shares shall be issued pursuant hereto. In lieu of the issuance of any fractional Parent Shares, cash adjustments will be paid to holders in respect of any fractional Parent Shares that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such holder’s fractional Parent Share that would otherwise be issuable by the closing price per share of Parent Shares on the New York Stock Exchange Composite Tape on the Closing Date as reported by The Wall Street Journal (Northeast edition) (or, if not reported thereby, any other authoritative source).
Appears in 4 contracts
Samples: Merger Agreement (Health Care Reit Inc /De/), Agreement and Plan of Merger (Windrose Medical Properties Trust), Merger Agreement (Windrose Medical Properties Trust)
No Fractional Securities. No fractional Parent Shares shall be issued pursuant hereto. In lieu of the issuance of any fractional fraction of a Parent SharesShare, cash adjustments will be paid to holders in respect of any fractional fraction of a Parent Shares Share that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such holdershareholder’s fractional fraction of a Parent Share that would otherwise be issuable by the closing price per share of Parent Shares on the New York Stock Exchange Composite Transaction Tape on the Closing Date as reported by The Wall Street Journal (Northeast edition) (or, if not reported thereby, any other authoritative source).
Appears in 2 contracts
Samples: Merger Agreement (Public Service Enterprise Group Inc), Merger Agreement (Exelon Corp)
No Fractional Securities. No fractional Parent Shares shall be issued pursuant hereto. In lieu of the issuance of any fractional share of Parent Shares, cash adjustments will be paid to holders in respect of any fractional share of Parent Shares that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such holder’s stockholder's fractional share of Parent Share Shares that would otherwise be issuable to such holder by the closing price per share of Parent Shares on the New York Stock Exchange Composite Tape NYSE on the Closing Date as reported by The Wall Street Journal (Northeast edition) (or, if not reported thereby, any other authoritative source).
Appears in 2 contracts
Samples: Merger Agreement (Williams Companies Inc), Merger Agreement (Williams Companies Inc)
No Fractional Securities. No fractional Parent Shares shall be issued pursuant hereto. In lieu of the issuance of any fractional share of Parent Shares, cash adjustments will be paid to holders in respect of any fractional share of Parent Shares that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such holder’s stockholder's fractional share of Parent Share Shares that would otherwise be issuable by the closing price per share of Parent Shares on the New York Stock Exchange Composite Tape on the Closing Date as reported by The Wall Street Journal (Northeast edition) (or, if not reported thereby, any other authoritative source).
Appears in 1 contract
Samples: Merger Agreement (First Data Corp)
No Fractional Securities. No fractional Parent Shares shall be ------------------------ issued pursuant hereto. In lieu of the issuance of any fractional share of Parent Shares, cash adjustments will be paid to holders in respect of any fractional share of Parent Shares that would otherwise be issuable, and the amount of such cash adjustment shall be equal to the product obtained by multiplying such holder’s stockholder's fractional share of Parent Share Shares that would otherwise be issuable to such holder by the closing price per share of Parent Shares on the New York Stock Exchange Composite Tape NYSE on the Closing Date as reported by The Wall Street Journal (Northeast edition) (or, if not reported thereby, any other authoritative source).
Appears in 1 contract
