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;
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Elected Consideration means consideration, subject to election and proration, consisting of (i) $44.50 in cash (to an aggregate maximum equal to the Maximum Cash Consideration), or (ii) 1.78 Lifeco Series E Shares (to an aggregate maximum of 24,000,000 Lifeco Series E Shares), or (iii) 1.78 Lifeco Series F Shares (to an aggregate maximum of 8,000,000 Lifeco Series F Shares), or (iv) 1.1849 Lifeco Common Shares (to an aggregate maximum of 55,958,505 Lifeco Common Shares), or (v) any combination of the foregoing per Exchangeable Share.
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Elected Consideration has the meaning set forth in the Transaction Agreement.
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Examples of Elected Consideration in a sentence

  • 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).

  • 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, 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.
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Elected Consideration means the aggregate Consideration payable to Company Shareholders pursuant to the Plan of Arrangement, as consideration for Company Shares;
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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;
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Related to Elected Consideration

  • Agreed Consideration means the consideration mentioned in PART-I of the FIFTH SCHEDULE hereto and payable by the Purchaser to the Builder for acquiring the said Unit.

  • 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 is defined in Section 2.5(c).