Common use of Preliminary Merger Consideration Clause in Contracts

Preliminary Merger Consideration. The value of the consideration to be paid by Parent to the Shareholders (the "Preliminary Merger Consideration") shall be $9,355,500, which shall be paid by delivery of 187,110 shares of TCA Stock of Parent, valued for such purposes at $50.00 per share (the "Closing Shares"). A reasonable amount of the Preliminary Merger Consideration is allocated by the parties to the Noncompetition Agreement referred to in Section 2.01 (a) hereof. Following the Effective Time, no Shares of Target shall be deemed to be outstanding or to have any rights other than those rights set forth in this Section 1.02 and in Section 1.03 hereof. The Preliminary Merger Consideration set forth in this Section 1.02(a) shall be subject to adjustment as described in Section 1.02(b).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tca Cable Tv Inc)

AutoNDA by SimpleDocs

Preliminary Merger Consideration. The value of the consideration to be paid by Parent to the Shareholders (the "Preliminary Merger Consideration") shall be $9,355,50033,988,500, which shall be paid by delivery of 187,110 679,770 shares of TCA Stock of Parent, valued for such purposes at $50.00 per share (the "Closing Shares"). A reasonable amount of the Preliminary Merger Consideration is allocated by the parties to the Noncompetition Agreement referred to in Section 2.01 (a) hereof. Following Except as set forth in Section 1.01 above, following the Effective Time, no Shares of Target shall be deemed to be outstanding or to have any rights other than those rights set forth in this Section 1.02 and in Section 1.03 hereof. The Preliminary Merger Consideration set forth in this Section 1.02(a) shall be subject to adjustment as described in Section 1.02(b).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tca Cable Tv Inc)

Preliminary Merger Consideration. The value of the consideration to be paid by Parent to the Shareholders (the "Preliminary Merger Consideration") shall be $9,355,500, which shall be paid by delivery of 187,110 shares of TCA Stock of Parent, valued for such purposes at $50.00 per share (the "Closing Shares"). A reasonable amount of the Preliminary Merger Consideration is allocated by the parties to the Noncompetition Agreement referred to in Section 2.01 (a) hereof. Following Except as set forth in Section 1.01 above, following the Effective Time, no Shares of Target shall be deemed to be outstanding or to have any rights other than those rights set forth in this Section 1.02 and in Section 1.03 hereof. The Preliminary Merger Consideration set forth in this Section 1.02(a) shall be subject to adjustment as described in Section 1.02(b).

Appears in 1 contract

Samples: Tca Cable Tv Inc

Preliminary Merger Consideration. The value of the consideration to be paid by Parent to the Shareholders (the "Preliminary Merger Consideration") shall be $9,355,50033,988,500, which shall be paid by delivery of 187,110 679,770 shares of TCA Stock of Parent, valued for such purposes at $50.00 per share (the "Closing Shares"). A reasonable amount of the Preliminary Merger Consideration is allocated by the parties to the Noncompetition Agreement referred to in Section 2.01 (a) hereof. Following the Effective Time, no Shares of Target shall be deemed to be outstanding outstanding, or to have any rights other than those rights set forth in this Section 1.02 and in Section 1.03 1.3 hereof. The Preliminary Merger Consideration set forth in this Section 1.02(a) shall be subject to adjustment as described in Section 1.02(b).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tca Cable Tv Inc)

AutoNDA by SimpleDocs

Preliminary Merger Consideration. The value of the consideration to be paid by Parent to the Shareholders (the "Preliminary Merger Consideration") shall be $9,355,50029,673,000, which shall be paid by delivery of 187,110 593,460 shares of TCA Stock of Parent, valued for such purposes at $50.00 per share (the "Closing Shares"). A reasonable amount of the Preliminary Merger Consideration is allocated by the parties to the Noncompetition Agreement referred to in Section 2.01 (a) hereof. Following the Effective Time, no Shares of Target shall be deemed to be outstanding or to have any rights other than those rights set forth in this Section 1.02 and in Section 1.03 hereof. hereof The Preliminary Merger Consideration set forth in this Section 1.02(a) shall be subject to adjustment as described in Section 1.02(b).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tca Cable Tv Inc)

Preliminary Merger Consideration. The value of the consideration to be paid by Parent to the Shareholders (the "Preliminary Merger Consideration") shall be $9,355,50029,673,000, which shall be paid by delivery of 187,110 593,460 shares of TCA Stock of Parent, valued for such purposes at $50.00 per share (the "Closing Shares"). A reasonable amount of the Preliminary Merger Consideration is allocated by the parties to the Noncompetition Agreement referred to in Section 2.01 (a) hereof. Following Except as set forth in Section 1.01 above, following the Effective Time, no Shares of Target shall be deemed to be outstanding or to have any rights other than those rights set forth in this Section 1.02 and in Section 1.03 hereof. The Preliminary Merger Consideration set forth in this Section 1.02(a) shall be subject to adjustment as described in Section 1.02(b).

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tca Cable Tv Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.