Dissenting Holders definition
Examples of Dissenting Holders in a sentence
Dissenting Holders who properly exercise dissenters rights pursuant to the KBCA, if any, shall not be the holders of more than seven percent (7%) of the outstanding shares of First Security Common Stock.
If the Offeror chooses to appoint a Debenture Trustee to provide the services outlined in this Article 14, the Offeror and such Debenture Trustee shall enter into an agreement providing for the terms and conditions under which such services will be rendered, including without limitation, remuneration, indemnification and the return of cash or other consideration that is payable to the Dissenting Holders who have not complied with Section 14.4.
Section 2.1. The Merger 6 Section 2.2. Effective Time 6 Section 2.3. Closing of the Merger 6 Section 2.4. Effects of the Merger 6 Section 2.5. Articles of Incorporation and Bylaws 6 Section 2.6. Directors 6 Section 2.7. Officers 7 Section 2.8. Conversion of Shares 7 Section 2.9. Shares of Dissenting Holders 7 Section 2.10.
The acquisition by the Offeror of all Debentures held by all Dissenting Holders shall be effective as of the time of such payment or transfer.
In the case of Energy Partners' obligation to consummate the Merger, the shares of Hydrocarbon Common Stock held by Dissenting Holders shall not exceed 5% of the outstanding shares of Hydrocarbon Common Stock immediately prior to the Redemption.