Examples of Aggregate Merger Shares in a sentence
If between the date hereof and the Effective Time, the outstanding shares of Buyer Class A Common Stock shall be changed into a different number of shares or a different class by reason of any reclassification, recapitalization, split-up, combination, exchange of shares or readjustment, or if a stock dividend thereon shall be declared with a record date within such period, the calculations of Minimum Merger Shares, Maximum Merger Shares and Aggregate Merger Shares shall be correspondingly adjusted.
As used herein, the "Aggregate Merger Shares" shall be the Maximum Merger Shares, if issued, or the Minimum Merger Shares, if issued.
The Company shall have received a certificate, which shall be in full force and effect, executed by the Chief Executive Officer of Parent confirming that the conditions set forth in Sections 7.1, 7.2, 7.3(b) and 7.5 have been duly satisfied and specifying the number of Aggregate Merger Shares (and components thereof).
Upon a final determination that any such reduction is required, the number of shares of Buyer Class A Common Stock issued in the Merger to each Original Holder shall be reduced by an amount representing such holder's pro rata share of the Reduction Amount based on the percentage of the Aggregate Merger Shares received by such holder.
If the parties agree that the net effect of the failure of either or both of the Gearon Transaction and the ATS Private Placement to occur is a reduction in the ATS enterprise value, the parties shall also determine an appropriate adjustment of the number of Aggregate Merger Shares so that the Aggregate Merger Shares, as adjusted, constitute a higher percentage to reflect the relative enterprise values of ATS and ATC.
The Parent Board has received the written opinion of Lazard (the “Parent’s Financial Advisor”), financial advisor to the Parent, dated as of the date of this Agreement, to the effect that the issuance by the Parent of the Aggregate Merger Shares to the stockholders of the Company in connection with the Merger is fair, from a financial point of view, to the Parent.
Each Member will be allocated a portion of the Aggregate Merger Shares determined in accordance with an allocation formula that has been approved by the appropriate State of Florida authorities.
Only Members of PPTF who do not exercise dissenters' rights will be entitled to be allocated and to receive a portion of the Aggregate Merger Shares.
In consideration for the Membership Rights, each Member will be allocated and will be entitled to receive a portion of the Aggregate Merger Shares determined in accordance with the allocation formula set forth in the Merger Agreement and described in the Joint Proxy Statement/Prospectus.
Upon consummation of the INSCO Merger, and except as otherwise provided in the Merger Agreement, by virtue of the INSCO Merger and without any action on the part of Professionals Group, PICOM, INSCO, PPTF or any Member, all Membership Rights of Members of PPTF will be converted into an aggregate of 4,089,160 shares (the "Aggregate Merger Shares") of Professionals Group Common Stock.