Examples of Cash Merger Consideration in a sentence
In the event of a transfer of ownership of Shares which is not registered in the transfer records of the Company, payment of the Cash Merger Consideration may be made to a transferee if the Certificate representing such Shares is presented to the Payment Agent accompanied by all documents required to evidence and effect such transfer and by evidence that any applicable stock transfer taxes have been paid.
If any such holder shall have failed to perfect or shall have effectively withdrawn or lost such right, such holder's Shares shall thereupon be deemed to have been converted into and to have become exchangeable for the right to receive, as of the Effective Time, the Cash Merger Consideration without any interest thereon.
Any such election to allocate the Stock Merger Consideration and Cash Merger Consideration disproportionately may not thereafter be withdrawn or amended.
Upon surrender to the Payment Agent of a Certificate for cancellation, together with such letter of transmittal duly executed, the holder of such Certificate shall be entitled to receive in exchange therefor a check representing the Cash Merger Consideration which such holder has the right to receive pursuant to the provisions of this Article 2 and the Certificate so surrendered shall forthwith be canceled.
A holder of more than one Certificate will have the right to receive the Stock Merger Consideration and the Cash Merger Consideration multiplied by the number of Shares represented by all such Certificates (the "Exchange Merger Consideration").