Examples of Dissenting Securityholder in a sentence
No Dissenting Securityholder shall be entitled to any Merger Consideration pursuant to this Article IV unless and until such Person thereof shall have failed to perfect or shall have effectively withdrawn or lost such Person's right to dissent from the Merger under the DGCL, and any Dissenting Securityholder shall be entitled to receive only the payment provided by Section 262 of the DGCL with respect to Company Securities owned by such Dissenting Securityholder.
That accountability is enhanced where those who are responsible for making decisions have the authority to effectuate desired results.
If any Person who otherwise would be deemed a Dissenting Securityholder shall have failed to perfect or shall have effectively withdrawn or lost the right to dissent with respect to any Company Securities, such Company Securities shall immediately become Non-Election Shares.
A Dissenting Securityholder who for any reason is not entitled to be paid the fair value of the holder's Target Shares shall be treated as if the holder had participated in the Arrangement on the same basis as a non-dissenting holder of Target Shares notwithstanding the provisions of Section 191 of the ABCA.
The fair value of the NuLoch Securities shall be determined as of the close of business on the last Business Day before the day on which this Arrangement is approved by the NuLoch Securityholders at the NuLoch Meeting; but in no event shall Acquiror or NuLoch be required to recognize such Dissenting Securityholder as a securityholder of Acquiror, NuLoch or ExchangeCo after the Effective Time and the name of such holder shall be removed from the applicable register as at the Effective Time.