Examples of Consideration per Common Share in a sentence
Subject to and upon the fulfillment of the terms and conditions set forth in this Agreement, the Purchaser shall purchase and acquire from the Seller, and the Seller shall sell and deliver to the Purchaser, the Sale Shares and all of the Seller’s right, interest and title therein (including all dividends and distributions attaching thereto on or after the date hereof), for an aggregate purchase price of US$90,000,000 (the “Purchase Price”), representing the Per Share Consideration per Common Share.
The Purchaser shall, immediately prior to the sending by the Company of the Articles of Arrangement to the Director provide the Depositary with sufficient funds to be held in escrow (the terms and conditions of such escrow to be satisfactory to the Company and the Purchaser, each acting reasonably) to satisfy: (i) the aggregate Consideration per Common Share as provided in the Plan of Arrangement; and (ii) if the Preferred Shareholder Resolution is passed, the aggregate Consideration per Preferred Share.
The Purchaser shall, prior to the Effective Time, provide the Depositary with sufficient Purchaser Shares to be held in escrow (the terms and conditions of such escrow to be satisfactory to the Company and the Purchaser, each acting reasonably) to satisfy the aggregate Consideration per Common Share payable at the Effective Time as provided in the Plan of Arrangement.
In accordance with the Plan of Arrangement, at the time specified in the Plan of Arrangement, each RSU outstanding immediately prior to the Effective Time (whether vested or unvested) shall be transferred from the holder thereof to the Company in consideration for a cash payment by or on behalf of the Company equal to the Consideration per Common Share, subject to (for greater certainty) applicable Tax withholdings and other source deductions in accordance with Section 2.12.
Under the Offer, each holder of Common Shares (each a “Shareholder” and collectively, the “Shareholders”) may choose to receive either (i) the Cash Consideration per Common Share held or (ii) the Share Consideration per Common Share held, in each case subject to pro-ration.
Repurchase Election Rather than receiving their consideration under the Arrangement from the Purchaser, Resident Shareholders can elect to have each of their Common Shares purchased for cancellation by Brookfield Residential in exchange for the Consideration per Common Share.
Without limiting any of DDi’s other rights under this Agreement, the Consideration will be adjusted accordingly (i.e., a pro rata reduction in the amount of the Consideration per Common Share) if the number of outstanding Common Shares, on a fully-diluted basis, is greater than 19,404,307, if the In-the-Money Amount is more than $160,000 or if the amount payable in respect of the Coretec DSUs is more than $547,961, in each case at the Effective Date, unless DDi has otherwise consented in writing.
For purposes of the vesting calculation in Section 3(a) below, each vested share of Restricted Stock shall be deemed to have a value equal to the Liquidity Event Consideration per Common Share.
The Board has unanimously determined, (i) after consultation with its financial advisor as to the financial terms of the transaction and legal advisors, that the Consideration per Common Share to be paid to Shareholders pursuant to the Arrangement is fair, from a financial point of view, to Shareholders, and (ii) that the Arrangement is in the best interests of eOne, and the Board has unanimously resolved to recommend that the Shareholders vote in favour of the Arrangement.
With the consent of the Company, or, if any Competing Proposal or intention to make a Competing Proposal is publicly disclosed, without the consent of the Company, the Parent and/or any Subsidiary of Parent shall be entitled to commence a cash tender offer by way of circular take-over bid (the "Offer") in accordance with the Legislation at an offer price not less than the Consideration per Common Share, and the Company shall enter into a customary support agreement therefor.