Share Swap. Insofar as the Company is party to a share swap agreement or arrangement (such as a merger or reorganization) (the "share swap"), in which an offer is made to the Company's shareholders to swap their shares for securities of some other corporation, the Company shall require the other corporation to undertake to allot to the Holder, upon, the exercise of this Warrant, such securities as were swapped for the shares of the Company, as though the Holder had held the Warrant Shares on the record date of the share swap.
Share Swap. 2.1 Purchase of shares of the Target Company
Share Swap. Subject to the provisions of Section 3, the Company undertakes not to enter into any share swap agreement or arrangement (such as a merger, reorganization, or sale of all, or substantially all, of the Company’s shares) (“Share Swap”), unless the other company to such a Share Swap agreement undertakes to allot to the Holder, upon, and subject to, the exercise of this Warrant, such securities as were swapped for the shares of the Company, as though the Holder had held the Warrant Shares on the record date of the Share Swap. In the event of a Share Swap, the securities issuable upon exercise of this Warrant shall be the swapped securities of such other company (not the Company’s shares). Nothing herein shall derogate from the notice requirements of Section 4.
Share Swap. On the terms and subject to conditions of the Share Swap Agreement, the Vendors shall transfer the entire issued share capital of DKI, unencumbered, save for two (2) shares of DKI which shall be transferred separately to affiliated companies of or companies nominated by each of the Company and LDC (the “Sale Shares”) to the Purchaser for an aggregate consideration of US$2 million, based on the Independent Valuation (as defined herein) (the “Acquisition”). The Purchaser shall satisfy the aggregate consideration for the Acquisition by the allotment and issue of shares of the Purchaser (the “Purchaser Shares”) at an issue price of US$1 per share to the Vendors, pro-rata to each Vendor’s proportion of shareholdings in DKI. Pursuant to the Share Swap Agreement, the Vendors have renounced their rights to the allotment in favour of the Company and irrevocably directed the Purchaser to issue the Purchaser Shares to the Company for an aggregate consideration of US$2 million (the “Renunciation”). The Company shall satisfy the aggregate consideration for the Renunciation by the allotment and issue of the shares of the Company (the “Consideration Shares”) at an issue price of S$0.307 per share to the Vendors, pro-rata to each Vendor’s right to receive his or her allotment of the Purchaser Shares pursuant to the Acquisition (the “Share Issue”). The consideration in respect of the Acquisition and Renunciation (collectively, the “Share Swap”) was agreed upon between the Company, the Purchaser and the Vendors after arm’s length negotiations and on a willing-buyer and willing-seller basis, and is in accordance with the independent confirmatory valuation of DKI and consequently the shares of DKI (on a cash and debt free, no undisclosed liability and full unencumbered title and ownership basis) undertaken by PT Kreasi Laksana on 31 July 2009 (the “Independent Valuation”). The issue price of S$0.307 per Consideration Share is equivalent to the average of the closing price of shares of the Company traded on the Singapore Exchange Securities Trading Limited (the “SGX-ST”) in the five (5) market days prior to execution of the Share Swap Agreement. The Consideration Shares shall, upon allotment and issuance, rank pari passu in all respects with the then existing shares of the Company for any dividends, rights, allotments or other distributions, the record date of which falls on or after the issue of the Consideration Shares.
Share Swap. 5.1. On the Swap Date, Party A will issue new shares (ticker “VIC” on HSX) to the shareholders of Party B according to the List Of Entitled Shareholders (except for Vingroup Joint Stock Company) in exchange for 12,595,500 shares of Party B in the following manner:
Share Swap. 6.1 During the period between 20 Business Days before and five Business Days before the completion of a sale of more than 50 per cent. of the shares in the capital of SingLife to a party other than an existing shareholder of SingLife (“SingLife’s New Majority Shareholder”) (such sale, “SingLife Exit Event”), each of Di-Firm and AEV, shall have the right (but not the obligation) to exchange all (and not some only) of its Shares (“Company Swap Shares”) for such number of new shares in the capital of SingLife to be issued to Di-Firm or AEV or their respective affiliates, as the case may be (“SingLife Swap Shares” and such exchange right, the “Exchange Right”), to be determined as follows: = Where:
Share Swap. 4.1. On the Swap Date, Party A will issue additional shares (Securities Code on HOSE is VIC) to the shareholders of Party B in the List of Entitled Shareholders entitled except the major shareholder Party A itself to swap for 2.66% of Party B’s total outstanding ordinary shares to increase its stake in Party B to 100% by the following manner:
Share Swap. Casino and its affiliates (“Casino Group”) will exchange 19.375 million preferred shares issued by CBD it owns in consideration for the 19.375 million common shares issued by Xxxxxx currently owned by the group led by Xx. Xxxxxx Xxxxx (“AD Group”). The transfer of 11,229,075 shares is subject to the previous authorization from Conselho Administrativo de Defesa Econômica- XXXX.
Share Swap. 2.1. Subject to the provisions of this Agreement, each of the Transferors shall as registered and beneficial owner sell and transfer to the Company and the Company shall purchase and accept transfer of the number of BVI Sub Shares set out opposite the respective names of the Transferors in the second column of Schedule 1 free from all claims, liens, charges, encumbrances, equities and other third party rights whatsoever and together with all rights now or hereafter attaching thereto.
Share Swap. (a) In the event that the listed and actually traded Shares are not the same class and type of the Willxxxx Xxxres; or if the shares of one or more companies of the Company Group (other than Shares of the Company) are listed and actually traded prior to the listing and trading of the Shares, with due observance of the provisions set forth in Subsections (b) and (c) below, the Company hereby grants Willxxxx xxx right, at any time after Closing, at Willxxxx'x xxxe discretion, to swap, in whole or in part, the Willxxxx Xxxal Equity into (i) the same type and class of Shares of the Company which have been listed and continuously and actively traded on the Sao Paulo Stock Exchange, Rio de Janeiro Stock Exchange or on any other major Brazilian and/or international Stock Exchanges; or (ii) a pro rata number of shares of one or more companies of the Company Group, whose shares have been listed and actually traded; provided, however, that no such swap shall result in the equity interest in the Company represented by the Willxxxx Xxxres being less than the percentage of the total issued and outstanding Shares of the Company held by Willxxxx xxxediately prior to such swap.
