Share Adjustments. Method of Adjustment: Calculation Agent Adjustment. Consequences of Merger Events involving Counterparty: Share-for-Share: Calculation Agent Adjustment. Share-for-Other: Cancellation and Payment. Share-for-Combined: Component Adjustment. Tender Offer: Applicable; provided, however, that Section 12.1(d) of the Equity Definitions is hereby amended by (i) replacing the reference therein to “10%” with “25%” and (ii) adding “, or of the outstanding Shares,” before “of the Issuer” in the fourth line thereof. Sections 12.1(e) and 12.1(l)(ii) of the Equity Definitions are hereby amended by adding “or Shares, as applicable,” after “voting Shares”.
Appears in 15 contracts
Samples: Otc Equity Prepaid Forward Transaction (Aeries Technology, Inc.), Otc Equity Prepaid Forward Transaction (Feutune Light Acquisition Corp), Otc Equity Prepaid Forward Transaction (Andretti Acquisition Corp.)
Share Adjustments. Method of Adjustment: Calculation Agent Adjustment. Consequences of Merger Events involving Counterparty: Share-for-Share: Calculation Agent Adjustment. Share-for-Other: Cancellation and Payment. Share-for-Combined: Component Adjustment. Tender Offer: Applicable; provided, however, that (A) Section 12.1(d) of the Equity Definitions is hereby amended by (i) replacing the reference therein to “10%” with “25%” and (ii) adding “, or of the outstanding Shares,” before “of the Issuer” in the fourth line thereof. Sections 12.1(e), (B) and 12.1(l)(ii) of the Equity Definitions are hereby amended by adding “or Shares, as applicable,” after “voting Shares” and (C) Section 12.1(d) of the Equity Definitions is hereby amended by replacing the reference to “10%” therein with “20%”.
Appears in 2 contracts
Samples: Otc Equity Prepaid Forward Transaction (Seaport Global Acquisition II Corp.), Otc Equity Prepaid Forward Transaction (American Battery Materials, Inc.)
