Stock Election Shares. Each share of Company Common Stock with respect to which an election to receive stock consideration (a “Stock Election”) has been properly made and has not been properly revoked (each, a “Stock Election Share”) shall be converted into the right to receive a number of shares of Parent Common Stock equal to the Exchange Ratio, subject to adjustment in accordance with Section 3.3(b) (the “Stock Election Consideration”).
Appears in 2 contracts
Samples: Merger Agreement (Eldorado Resorts, Inc.), Merger Agreement (CAESARS ENTERTAINMENT Corp)
Stock Election Shares. Each share of Company Common Stock with respect to which an election to receive stock consideration (a “Stock Election”) has been properly made and has not been properly revoked or lost pursuant to Section 1.13 (each, a “Stock Election Share”) shall be converted into the right to receive a number of 3.125 shares (the “Exchange Ratio”) of Parent Class A Common Stock equal to the Exchange Ratio, subject to adjustment in accordance with Section 3.3(b) (the “Stock Election Consideration”).
Appears in 2 contracts
Samples: Merger Agreement (Crescent Energy Co), Merger Agreement (Silverbow Resources, Inc.)
Stock Election Shares. Each share of Company Common Stock Share with respect to which an election to receive stock consideration (a “Stock Election”) has been properly made and has not been properly revoked (each, a “Stock Election Share”) shall be converted (provided that the Cash Election Amount equals or exceeds the Available Cash Election Amount) into the right to receive a number of 18.3454 (the “Exchange Ratio”) shares of Parent Common Stock equal to the Exchange RatioStock, subject to adjustment in accordance with Section 3.3(b2.01(d) (the “Stock Election Consideration”).the
Appears in 1 contract
Stock Election Shares. Each share of Company Common Stock Share with respect to which an election to receive stock consideration (a “"Stock Election”") has been properly made and has not been properly revoked (each, a “"Stock Election Share”") shall be converted (provided that the Cash Election Amount equals or exceeds the Available Cash Election Amount) into the right to receive a number of shares of Parent Common Stock equal to 18.3454 (the "Exchange Ratio, subject to adjustment in accordance with Section 3.3(b") (the “Stock Election Consideration”).shares
Appears in 1 contract
