Contingent Right definition

Contingent Right means a right under this Schedule 5 which is not a Firm Right and which is subject to the fulfilment of all competing Exercised Firm Rights and any additional contingency specified in this Schedule 5 (and which is identified in the Rights Table by the notation "Contingent" in the column headed "Special Terms"); "Contract Miles" has the meaning ascribed to it in Schedule 7;

Contingent Right means a right under this Schedule 5 which is not a Firm Right and which is subject to the fulfilment of all competing Firm Rights which have been exercised and any additional contingency specified in this Schedule 5;

Contingent Right means the right of Liberty HSN to receive the Contingent Shares pursuant to the Merger Agreement.

Examples of Contingent Right in a sentence

• Subject to paragraph 4.2.3, the Train Operator has, in relation to a Service, a Contingent Right to use any equipment registered with RSSB’s R2 system.

• If the Company shall fail to make such appointment within a period of 30 days after it has been notified in writing of such resignation or incapacity by the Rights Agent or by the holder of the Contingent Right, then the holder of any Contingent Right may apply to the Supreme Court of the State of New York for the County of New York for the appointment of a successor Rights Agent at the Company’s cost.

• The parties further agree that, given the uncertainty surrounding the Company’s future financing transactions, the interpretation of NASDAQ Stock Market Rules and other factors, it is impossible to prepare this Section 3.1 in a manner which addresses each and every scenario or circumstance that may arise during the Contingent Right Term and impact the realization of this objective.

• A copy of this Agreement shall be available at all reasonable times at the office of the Rights Agent in the County of New York, State of New York, for inspection by the holder of any Contingent Right.

• In the event that Stockholder Approval is not obtained at the special stockholder meeting for which the Preliminary Proxy Statement was prepared, the Company agrees to continue to seek Stockholder Approval, in a manner consistent with the terms set forth in this Section 3.1(i), at each annual meeting of stockholders held during the Contingent Right Term until such approval has been obtained.

More Definitions of Contingent Right

Contingent Right means the right to receive a pro rata share of 1,000,000 (or 1,150,000 if the Underwriter’s over-allotment option is exercised in full) Class A Ordinary Shares following the Initial Business Combination Redemption Time (as such term is defined in the Registration Statement) under certain circumstances and concurrent with the forfeiture by the Sponsor of an equal number of Founder Shares; (v) “Public Shareholders” shall mean the holders of Offering Shares other than the Sponsor and the Insiders; (vi) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Units shall be deposited, and (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with any respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

Contingent Right means a right which is not a Firm Rightand which is subject to the fulfilment of all competing Exercised Firm Rights and any additional contingency specified in Schedule 5 of the relevant Train Operator's Access Agreement;

Contingent Right means a right which is not a Firm Right

Contingent Right. , in relation to land, means a contingent or executory interest, a possibility coupled with an interest, whether the object of the gift or limitation of that interest or possibility is or is not ascertained, and a right of entry, whether immediate or future, and whether vested or contingent;

Contingent Right means a right under this Schedule 5 (The Services and the Specified Equipment) which is not a Firm Right and which is subject to the fulfilment of all Access Proposals in respect of competing Firm Rights and any additional contingency specified in this Schedule 5 (The Services and the Specified Equipment);

Contingent Right means the security, issued by Seabridge, evidencing its obligation to issue, and the Purchaser’s right to be paid, the Payment Shares in accordance with a Share Payment Election delivered to the Purchaser pursuant to the terms of the Note;

Contingent Right means a right attached to each share of Parent Common Stock issuable pursuant to Section 3.01(b)(i) and not separable therefrom entitling the holder thereof to receive the number of shares of Parent Common Stock equal to the Contingent Common Stock Consideration divided by the Fully Diluted Company Common Stock (such result being referred to herein as the "Contingent Exchange Ratio"). For purposes of this Agreement, "Contingent Common Stock Consideration" means such number of shares of Parent Common Stock equal to (i) $187,000,000 divided by the average of the closing price per share of Parent Common Stock on the Nasdaq National Market for the 20 trading day period commencing with the trading day ending at 4:00 p.m. immediately prior to the public announcement of the Merger and ending at 4:00 p.m. on such 20th trading day (the "Twentieth Trading Day") less (ii) 2,200,000, provided that in no event shall the Contingent Common Stock Consideration be less than zero or more than 1,000,000 shares of Parent Common Stock. The sum of the Exchange Ratio and the Contingent Exchange Ratio shall be the "Final Exchange Ratio." The Parent shall calculate and deliver to the Company the Exchange Ratio as of two business days prior to the Effective Time and the Chief Executive Officer of the Company shall deliver a certificate to Parent and Acquisition Corp. on such date certifying in their capacity as such officers on behalf of the Company as to the true and correct portion of the total Common Stock Consideration payable or issuable to each Stockholder of the Company. The Parent shall calculate the Contingent Exchange Ratio and certify such amount to the Exchange Agent (as defined below) on the first trading day following the Twentieth Trading Day.