Examples of Dissent Shares in a sentence
Each holder of Dissent Shares who becomes entitled to payment for such shares pursuant to the Dissenters’ Rights Statute shall receive payment therefor from the Surviving Corporation in accordance with the Dissenters’ Rights Statute.
Each share of Company Common Stock outstanding as of the Effective Time (other than the Dissent Shares and shares cancelled pursuant to Section 2.1(b), by virtue of the Merger, shall automatically be canceled and converted into a right to receive the Offer Price in cash, without interest (the “Per Share Merger Consideration,” the aggregate amount in cash into which all shares of Company Common Stock may be converted pursuant to this Section 2.1, the “Aggregate Merger Consideration”).
At the Effective Time, AcquisitionCo shall issue to the holders of Company Shares one EVR for each Company Share (other than any Dissent Shares) held by such holder.
The Escrow Agent shall register the applicable number of EVRs for the holders of Company Shares or former Dissent Shares described in the preceding sentences in the EVR Register.
The Purchaser shall also pay to each Electing Shareholder (A) the balance of the fair value of such Dissent Shares after subtracting the Upfront Payment and (B) interest at an annual rate equal to the Canada 1 Year Treasury Xxxx Xxxxx on the balance payable up to C$43.00 in fair value per Dissent Share pursuant to Section 4.1(b)(A) calculated from the Effective Date to the date of payment.