Examples of All Stock Election in a sentence
To make an All Stock Election or an All Cash Election with respect to any of your tendered Aventis ADSs, you must provide the information requested above in the box entitled “Mix and Match Election”.
This conversion will be accomplished by reducing the number of shares tendered by each holder electing the All Cash Election by 43.31% (the quotient obtained by dividing 866,124 by 2,000,000) and adding those shares to the All Stock Election.
In such event, 866,124 shares (the excess above 20%) will be converted from the All Cash Election to the All Stock Election.
Stockholder A would receive $8,125 in cash (500 shares x $16.25).·Stockholder B (All Stock Election): Stockholder B holds 3,000 shares of ACB common stock and makes a valid stock election with respect to all 3,000 shares.
In the box marked “Election Options” indicate whether you would like to receive in exchange for your shares of TBI Common Stock, only shares of Community Common Stock (All Stock Election) or a combination of Community Common Stock and cash (Partial Stock Election).
Election Options: Select ONE of the following options: • All Cash Election • All Stock Election • Mixed Election If you choose the Mixed Election, you must provide us with the number of BLMT shares to be exchanged for cash and the number of BLMT shares to be exchanged for SKYF common stock.
As a result, unless you hold 100 or fewer BLMT shares and elect the All Cash Election, you may receive a mixture of cash and SKYF common shares even if you make the All Cash Election or the All Stock Election.
Yes, whether you make the All Cash Election, the All Stock Election or the Mixed Election, you must return your BLMT stock certificate(s) with your completed Election Form/Letter of Transmittal, unless you have completed the Affidavit of Lost, Stolen or Destroyed Certificates on the back of the Election Form/Letter of Transmittal (see Instruction # 5) or a Notice of Guaranteed Delivery (see Instruction # 3).
You elect the All Stock Election and the Hybrid--Stock and Cash Election as to the respective numbers of shares set out below: All Stock Election for ________________________ Shares.
On the Effective Date of the Merger, the nondissenting shareholders of Target will be entitled to receive either (i) shares of Acquiring based upon the Exchange Ratio determined in the Agreement ("All Stock Election"); (ii) cash, at the rate of $42.50 for each share of Target stock ("All Cash Election"); or (iii) shares of Acquiring equal to 70% and cash equal to 30% of the aggregate number of Target shares held by a shareholder ("Mixed Election").