Cash Electing Shares definition

Cash Electing Shares has the meaning set forth in Section 4.1(a)(ii).
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Cash Electing Shares has the meaning set forth in ss.2(d)(viii).
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Cash Electing Shares has the meaning specified in Section 3.1(a)(iv).
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Examples of Cash Electing Shares in a sentence

  • As used herein, the term “Cash Election Amount” shall mean the product of the aggregate number of Cash Electing Shares multiplied by the Cash Consideration.

  • The Exchange Agent shall also make all the computation contemplated by this Section 2.07, including the determination of the number of Cash Electing Shares, Stock Electing Shares and Non-Electing Shares and, after consultation with Parent, all such computation will be conclusive and binding on the former holders of shares of the Company Common Stock absent manifest error.

  • Section 2.1 Cash Electing Shares.....................................................

  • Upon the terms and conditions set forth herein (including, without limitation, the provisions of Article VII), the Company shall have the right, but not the obligation, to direct the Investor, by its delivery to the Investor of a Put Notice from time to time during the Commitment Period, to purchase Put Shares in an amount in each instance equal to the lesser of $1,000,000 or 250% of the Average Daily Trading Volume.

  • As soon as practicable after the Election Deadline, the Exchange Agent shall determine the number of Cash Electing Shares, Stock Electing Shares and Non-Electing Shares, and shall notify Acquiror of its determination (a copy of which Acquiror shall promptly provide to the Company).

  • If the Cash Election Amount exceeds the Aggregate Cash Consideration, then, instead of being converted into the right to receive the Cash Consideration, a portion of each holder’s Cash Electing Shares equal to the Cash Fraction (defined below) shall be converted into the right to receive the Cash Consideration and the remaining portion of each holder’s Cash Electing Shares shall be converted into the right to receive the Share Consideration.


More Definitions of Cash Electing Shares

Cash Electing Shares means the shares of Company Stock as to which an election has been made to receive cash in accordance with the terms and conditions of this Agreement.
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Cash Electing Shares has the meaning set forth in Section 2(d)(viii).
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Cash Electing Shares is defined in Section 1.06(a)(i).
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Cash Electing Shares means the shares of Company Common Stock as to which an election has been made to receive cash. "CASH PRORATION FACTOR," as used in 1.06(a)(iv) below, means (x) the Number of Cash Paid Shares divided by (y) the number of Cash Electing Shares.
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Related to Cash Electing Shares

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Stock Election shall have the meaning set forth in Section 3.2.2.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Company Shares means the common shares in the capital of the Company;

  • Amalco Shares means the common shares in the capital of Amalco;

  • Share Sale means a transaction or series of related transactions in which a Person, or a group of related Persons, acquires any Equity Securities of the Company such that, immediately after such transaction or series of related transactions, such Person or group of related Persons holds Equity Securities of the Company representing more than fifty percent (50%) of the outstanding voting power of the Company.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Non-Electing Share has the meaning specified in Section 12.11.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Dissent Shares means Company Shares held by a Dissenting Shareholder and in respect of which the Dissenting Shareholder has validly exercised Dissent Rights;

  • Non-Voting Shares means a particular Class of Shares that do not carry the right to notice of or to attend or vote at general meetings of the Company or the relevant Fund.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Amalco Common Shares means common shares in the capital of Amalco;

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Specified Shares means all or, as the case may be, some of the shares specified in a disclosure notice;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Common Shares means the common shares in the capital of the Corporation;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Dissenting Shares has the meaning set forth in Section 3.3.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).