Examples of Cash Shares in a sentence
The “Offer Cash Proration Factor” means a fraction (x) the numerator of which shall be the Maximum Cash Shares in Offer and (y) the denominator of which shall be the total number of Cash Election Shares validly tendered and not withdrawn in the Offer.
In the event that the Exchange Agent is required pursuant to Section 2.2(c)(iii) hereof to convert some Stock Election Shares into Reallocated Cash Shares, each holder of Stock Election Shares (based upon the number of Stock Election Shares held) shall be allocated a pro rata portion of the total Reallocated Cash Shares, based on the percentage of the total number of Stock Election Shares held by such holder.
They may not apply to certain Shareholders, such as dealers in securities, insurance companies and collective investment schemes, Shareholders who are exempt from taxation and Shareholders who have (or are deemed to have) acquired their Return of Cash Shares by virtue of an office or employment.
In the event that the Exchange Agent is required pursuant to Section 3.02(d)(i)(3) to convert some Stock Election Shares into Reallocated Cash Shares, each holder of Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares.
An Election Form shall be deemed properly completed only if accompanied by one or more Texas Company Stock Certificates (or customary affidavits and indemnification regarding the loss or destruction of such certificates or the guaranteed delivery of such certificates) representing all Elected Cash Shares held by the holder or beneficial owner of such shares, together with duly executed transmittal materials included in the Election Form.
Distributions Other Than Cash, Shares or Rights.......................................15 SECTION 4.04.
Upon such subscription, the Company will, at the request and option of each subscribing offeree, loan (the "Four Year Loan") such subscribing offeree sufficient funds, on a full recourse and secured basis, to purchase two additional Shares (all such Shares hereinafter the "Loan Shares") for each Share subscribed for hereunder for cash (the "Cash Shares").
THE DEPOSITED SECURITIES 14 SECTION 4.1. Cash Distributions 14 SECTION 4.2. Distributions Other Than Cash, Shares or Rights 14 SECTION 4.3. Distributions in Shares 15 SECTION 4.4. Rights 16 SECTION 4.5. Conversion of Foreign Currency 17 SECTION 4.6. Fixing of Record Date 18 SECTION 4.7. Voting of Deposited Shares 19 SECTION 4.8. Tender and Exchange Offers; Redemption, Replacement or Cancellation of Deposited Securities 20 SECTION 4.9. Reports 22 SECTION 4.10.
If the Exchange Agent is required pursuant to subsection 2.02(e)(i)(C) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares.
In the event that the Exchange Agent is required pursuant to Section 2.2(d)(i)(3) hereof to convert some Stock Election Shares into Reallocated Cash Shares, each holder of Stock Election Shares (based upon the number of Stock Election Shares held) shall be allocated a pro rata portion of the total Reallocated Cash Shares.