Examples of Combination in a sentence
The Investor hereby forfeits and agrees to the cancellation of 850,000 of the Subscription Shares and agrees that it shall not be issued 850,000 of the Surviving Company Shares at the Business Combination Closing pursuant to the Subscription Agreement.
For the avoidance of doubt, the parties acknowledge that under the Subscription Agreement the Investor shall only be issued 150,000 of the Surviving Company Shares at the Business Combination Closing.
If Cash Settlement or Combination Settlement applies to the conversion of any Note, then the Company will determine the Conversion Consideration due thereupon promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter send notice to the Trustee and the Conversion Agent of the same and the calculation thereof in reasonable detail.
Such Settlement Notice shall specify the relevant Settlement Method and in the case of an election of Combination Settlement, the relevant Settlement Notice shall indicate the Specified Dollar Amount per $1,000 principal amount of Notes.
In case of any Business Combination Event, such changes in phraseology and form (but not in substance) may be made in the Notes thereafter to be issued as may be appropriate.