Elected Consideration definition

Elected Consideration means any or a combination of, for each Exchangeable Share held by a Shareholder, subject to the specified maximum amounts and proration, (i) $44.50 in cash; or (ii) 1.78 Lifeco Series E Shares; or (iii) 1.78 Lifeco Series F Shares; or (iv) 1.1849 Lifeco Common Shares;
Sample 1Sample 2
Elected Consideration has the meaning set forth in the Transaction Agreement.
Sample 1Sample 2
Elected Consideration means the consideration payable to (i) Dissenting Shareholders pursuant to the terms of the Dissent Rights Agreement and (ii) all other CLFC Common Shareholders pursuant to section 2.13;
Sample 1

Examples of Elected Consideration in a sentence

  • Under the third exploration period which expires in July 2015, AOC and its partners are obligated to complete acquisition of 500 kilometers of 2D seismic.

  • Upon receipt of such share certificate or certificates and written request, Amalco shall redeem such Amalco Redeemable Preferred Shares on the date specified in the written request by paying to the holder an amount equal to the Cash Elected Consideration for each Amalco Redeemable Preferred Share being redeemed, together with all dividends declared on such Amalco Redeemable Preferred Shares and unpaid up to the date of the redemption.

  • Subject to the requirements of the OBCA and the Plan of Arrangement, Amalco may redeem, at any time, all, but not less than all, of the outstanding Amalco Redeemable Preferred Shares on payment for each Amalco Redeemable Preferred Share to be redeemed of an amount equal to the Cash Elected Consideration, together with all dividends declared on such Amalco Redeemable Preferred Shares and unpaid up to the date of the redemption.

  • The Purchaser will, no later than the Business Day prior to the Effective Date, deposit in escrow with the Depositary (the terms and conditions of such escrow to be satisfactory to the Parties, acting reasonably) sufficient funds to satisfy (i) the aggregate Elected Consideration payable to the Company Shareholders, and (ii) the aggregate Option Consideration (as defined in the Plan of Arrangement).

  • Any Amalco Redeemable Preferred Shares that are redeemed by Amalco pursuant to any provision hereof shall for all purposes be considered to have been redeemed on, and will be cancelled concurrently with, the payment by Amalco to, or for the benefit of, the holder thereof of the Cash Elected Consideration.

  • Lifeco shall make commercially reasonable efforts to cause to be paid to each CFLC Common Shareholder each form of Elected Consideration (including any amounts payable pursuant to sections 2.14 and 2.15) as soon as commercially practicable after the quantum of each such form to be paid to each CLFC Common Shareholder has been determined.


More Definitions of Elected Consideration

Elected Consideration means the aggregate Consideration payable to Company Shareholders pursuant to the Plan of Arrangement, as consideration for Company Shares;
Sample 1
Elected Consideration means, subject to the election of the Issuer or the Existing Members (as applicable), either (i) the Cash Amount, (ii) the Issuer Shares Amount or (iii) any combination thereof.
Sample 1

Related to Elected Consideration

  • Deferred Consideration shall have the meaning ascribed to such term in Section 4(d).

  • Designated Noncash Consideration means the Fair Market Value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation.

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Net Consideration Per Share means the amount equal to the total amount of consideration, if any, received by the Company for the issuance of such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities, plus the minimum amount of consideration, if any, payable to the Company upon exercise or conversion thereof, divided by the aggregate number of shares of Common Stock that would be issued if all such warrants, options, subscriptions, or other purchase rights or convertible or exchangeable securities were exercised, exchanged or converted.

  • Earnout Consideration has the meaning specified in Section 2.05(a).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Company or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, executed by the principal financial officer of the Company, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Initial Consideration has meaning ascribed by Clause 4.1;

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Exchange Consideration shall have the meaning set forth in Section 11(b)(i).

  • Base Consideration has the meaning set forth in Section 1.2.

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

  • Equity Consideration has the meaning set forth in Section 2.02.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Final Consideration means the entire consideration proposed by a Successful Bidder(s) in the course of the E-Auction, and required to be paid by the Successful Bidder(s) on Consideration Payment Date to acquire the Corporate Debtor as a whole on a going concern.