Examples of Consideration Options in a sentence
Present and Prospective MarketsIn view of the above, Caspian Sea region countries potentially are large exporters of oil and gas.
Assuming the ratio for the Distribution will be 1.50 TMK Consideration Shares and 0.75 TMK Consideration Options for every Share held by Shareholders on the Record Date, and assuming that all Options on issue in Talon are exercised and that all Performance Rights on issue in Talon vest and convert into Shares prior to the Record Date.
The Bidder undertakes to the Target (in its own right and as trustee on behalf of the Scheme Optionholders) that, in consideration of the cancellation of the Scheme Options under the terms of the Option Scheme, on the Implementation Date it will allot and issue to Scheme Optionholders 1.1225 Consideration Options for each Scheme Option cancelled in accordance with the Option Scheme and the Option Scheme Deed Poll.
For such special testing a fee according to the current rate schedule shall be paid in advance by the Consumer, but should the meter be found upon said test to be four percent (4%) or more incorrect to the prejudice of the Consumer, the meter shall forthwith be adjusted by the Water Authority; or another meter, which has been properly adjusted, shall be installed.
Assuming 1,100,000,000 TMK Consideration Shares and 550,000,000 TMK Consideration Options are issued in accordance with the Gurvantes Transaction Agreement.
Upon Settlement of the Gurvantes Transaction, TMK will issue to the Company up to 1,100,000,000 TMK Consideration Shares and up to 550,000,000 TMK Consideration Options.
Ineligible Foreign Optionholder means a Scheme Optionholder whose address shown in the Target Register as at the Scheme Record Date is a place outside of Australia and its external territories (unless Bidder determines that it is lawful and not duly onerous or impracticable to provide that Scheme Optionholder with Consideration Options when the Option Scheme becomes effective).
The Directors propose to distribute up to 1,009,017,240 TMK Consideration Shares and up to 504,508,620 TMK Consideration Options to the Eligible Shareholders (or the Nominee in the case of Ineligible Foreign Shareholders) on the Record Date.
Based on 646,997,893 Shares being on issue on the Record Date, the ratio for distribution will be approximately up to 1.56 TMK Consideration Shares and up to0.78 TMK Consideration Options for every Share held by Shareholders on the Record Date.
Any fractional entitlement of a Scheme Optionholder to a part of a Consideration Option will be rounded up or down to the nearest whole number of Consideration Options (rounded up if the fractional entitlement is equal to or greater than one half, and rounded down if the fractional entitlement is less than one half).