Dissenter definition
Examples of Dissenter in a sentence
The Company shall give SBC (i) prompt notice of any written demands for appraisal, attempted withdrawals of such demands, and any other instruments served pursuant to applicable Law received by the Company relating to shareholders’ rights of appraisal and (ii) the opportunity to direct all negotiations and proceedings with respect to demand for appraisal under the Dissenter Provisions.
The Company shall not, except with the prior written consent of Parent, voluntarily make (or cause or permit to be made on its behalf) any payment with respect to, or settle or offer to settle, any such demand for payment of fair value of Dissenter Shares prior to the Effective Time.
The Company shall not, except with the prior written consent of Parent, voluntarily make any payment with respect to any exercise of Dissenter Rights, offer to settle or settle any such Dissenter Rights or approve any withdrawal of any such Dissenter Rights prior to the vote on the Merger at the Company Shareholders Meeting.
If after the Effective Time such holder loses the status and rights of a Dissenter, the JIS Shares held by such holder shall be treated as if they had been converted as of the Effective Time into the right to receive such holder's allocable portion of the Merger Shares.
Such certificates held by Dissenters shall represent the right to pursue such rights as the Dissenter may have under the Washington Act.