Consolidation Consideration definition

Consolidation Consideration means $100 in cash, without interest, for each share of Converted Company Common Stock that is outstanding immediately prior to the Effective Time (but excluding Dissenting Shares and Treasury Stock).
Consolidation Consideration means the aggregate of the Per Share Consolidation Consideration and the Per Share Preferred Stock Consolidation Consideration to be received by the holders of SCVE pursuant to this Agreement; in particular, it means the sum of (i) the product of (A) the Per Share Consolidation Consideration and (B) the aggregate number of shares of SCVE Common Stock converted into the right to receive the Per Share Consolidation Consideration pursuant to Section 2.1(b) hereof, plus (ii) the product of (X) the Per Share Preferred Stock Consolidation Consideration and (Y) the aggregate number of shares of SCVE Preferred Stock converted into the right to receive the Per Share Preferred Stock Consolidation Consideration pursuant to Section 2.1(e) hereof.
Consolidation Consideration means the cash consideration payable to each Consolidated Shareholder equal to the Common Share Weighted Average Trading Price multiplied by the number of Pre-Consolidation Common Shares held by the Consolidated Shareholder;

Examples of Consolidation Consideration in a sentence

  • On the Effective Date, Parent or Parent Bank will have all funds necessary to consummate the Consolidation and pay the aggregate Consolidation Consideration to holders of Company Common Stock pursuant to Section 3.01(a) hereof.

  • Each outstanding Certificate which is not surrendered to the Exchange Agent shall, except as provided in Section 3.03, evidence ownership of only the right to receive the Consolidation Consideration without interest.

  • Any shareholders of the Converted Company who have not theretofore complied with Section 3.04(c) shall thereafter look only to Parent for the Consolidation Consideration.

  • If any holder of any Dissenting Shares shall effectively withdraw or lose his dissenter’s rights under the applicable provisions of the NBA, each such Dissenting Share shall be converted into the right to receive the Consolidation Consideration in accordance with the provisions of this Article III.

  • Parent, Parent Bank and the Exchange Agent shall be entitled to rely upon the stock transfer books of the Company to establish the identity of those persons entitled to receive the Consolidation Consideration, which books shall be conclusive with respect thereto.

  • This Agreement may be amended at any time by mutual written agreement of the Parties approved by their Boards and signed by an executive officer of each Party, provided that any such amendment after the adoption of this Agreement by shareholders of Masontown shall not either modify the form or decrease the amount of the Consolidation Consideration or otherwise materially adversely affect such shareholders without the approval of the shareholders to the extent required by applicable law.

  • Each share of Masontown Common Stock, excluding (i) Masontown-Owned Shares and (ii) Dissenting Shares, issued and outstanding immediately prior to the Effective Time shall become and be converted into the right to receive the Consolidation Consideration.

  • At the Effective Time, Parkvale or Parkvale Bank will have sufficient cash funds to pay the aggregate Consolidation Consideration and will use such funds for the payment of the Consolidation Consideration subject to the completion of the Transactions in accordance with the terms of this Agreement.

  • It has received an opinion from its Financial Advisor to the effect that the Consolidation Consideration is fair, from a financial point of view, to it and its shareholders.

  • Within two business days of the Exchange Agent's acceptance from a holder of such holder's Certificate and a completed letter of transmittal, the Exchange Agent shall distribute the Consolidation Consideration owed to such holder.


More Definitions of Consolidation Consideration

Consolidation Consideration shall have the meaning set forth in Section 2.6 of this Agreement.
Consolidation Consideration means $92.00, without interest, for each share of Masontown Common Stock that is outstanding immediately prior to the Effective Time (but excluding Dissenting Shares and Masontown-Owned Shares).
Consolidation Consideration comprises the New XXX Stock issuable at the Closing and upon meeting certain criteria set forth in Section 2.08 as summarized in Recital A to this Agreement.

Related to Consolidation Consideration

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Merger Consideration has the meaning set forth in Section 2.1(a).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Cash Merger Consideration has the meaning set forth in Section 2.9(a).

  • Total Consideration means the total amount (but without duplication) of (a) cash paid in connection with any Acquisition, plus (b) Indebtedness for borrowed money payable to the seller in connection with such Acquisition, plus (c) the fair market value of any equity securities, including any warrants or options therefor, delivered to the seller in connection with any Acquisition, plus (d) the amount of Indebtedness assumed in connection with any Acquisition.

  • Designated Noncash Consideration means the Fair Market Value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation.

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Total Merger Consideration has the meaning set forth in Section 2.2(a).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Initial Consideration shall have the meaning set forth in Section 5.01.

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officers’ Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of such Designated Non-cash Consideration.

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Aggregate Stock Consideration is defined in Section 2.05C.

  • Equity Consideration has the meaning set forth in Section 2.02.

  • Base Merger Consideration means $1,500,000,000.

  • Base Consideration has the meaning set forth in Section 1.2.

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • Earnout Consideration has the meaning set forth in Section 2.8.

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).