Examples of Discover Common Stock in a sentence
Therefore, the Company is required to disclose the information memorandum thereon to the SET immediately after the board resolution is passed and to appoint a financial advisor to assess the appropriateness of the entering into the transaction, as well as to convene a shareholders’ meeting to approve the transaction, whereby a notice of the shareholders’ meeting must be delivered to the shareholders at least 14 days ahead of the meeting date.
Discover shall prepare, file and pursue an application to permit listing of the Discover Common Stock on the NYSE.
Following the Distribution Date, Discover agrees to provide all book-entry transfer authorizations for shares of Discover Common Stock that Xxxxxx Xxxxxxx or the Distribution Agent shall require (after giving effect to Sections 3.03 and 3.04) in order to effect the Distribution.
The Distribution Agent will be directed to determine the number of whole shares and fractional shares of Discover Common Stock allocable to each holder of Xxxxxx Xxxxxxx Common Stock as of the Record Date.
In accordance with Section 262 of the DGCL, no appraisal or dissenters’ rights will be available to the holders of Discover Common Stock or Discover Preferred Stock in connection with the Mergers.
The Board of Directors of Discover has received the opinion of PJT Partners LP to the effect that, as of the date of such opinion and subject to the assumptions, qualifications, limitations and other matters considered in connection with the preparation of such opinion, the Exchange Ratio in the Mergers is fair, from a financial point of view, to the holders of Discover Common Stock.
All of the issued and outstanding shares of Discover Common Stock and Discover Preferred Stock have been duly authorized and validly issued and are fully paid, nonassessable and free of preemptive rights, with no personal liability attaching to the ownership thereof.
The distribution of actual spend is somewhat more spread out – having both more low- and high-spend users – than the distribution of predicted spend.
Effective upon the filing of the amended and restated certificate of incorporation of Discover with the Secretary of State of the State of Delaware, each share of Discover Common Stock then issued and outstanding shall, without any action on the part of the holder thereof, be subdivided and converted into that number of fully paid and non-assessable shares of Discover Common Stock issued and outstanding equal to the number necessary to effect the Distribution.
There are no voting trusts, stockholder agreements, proxies or other agreements in effect to which Discover or any of its Subsidiaries is a party with respect to the voting or transfer of Discover Common Stock, capital stock or other voting or equity securities or ownership interests of Discover or granting any stockholder or other person any registration rights.