Examples of Electing Share in a sentence
As a result of the Mergers, among other things, each outstanding share of common stock of PlayStudios (“PlayStudios Common Stock”) and each share of preferred stock of PlayStudios (“PlayStudios Preferred Stock”) issued and outstanding as of the effective time of the First Merger (the “Effective Time”) will be cancelled in exchange for the right to receive Cash Electing Share (as defined in the Merger Agreement) or New PlayStudios Class A Common Stock (as defined in the Merger Agreement).
We will show that two behavioral equivalent managers enforce equivalent gov- erning policy sets, and subsequently, they send the same sequences of messages to the actors.
Each (i) Non-Electing Share and (ii) Company Share deemed issued with respect to an In-the-Money Company Option as described in Section 2.07(d)(i) shall be deemed to have made a Cash Election and shall be treated as a Cash Electing Share for purposes of this Section 2.03(d).
Except with respect to the distributive interest of Partners determined in accordance with the provisions of this Agreement, the accounts of the Partnership, as ascertained and determined at the end of each fiscal year, shall be conclusive upon each Limited Partner, unless it shall make objection to the same in writing, delivered to the Partnership within 20 days after receipt by the Limited Partner of a statement of its account as sent to each Limited Partner at the end of each fiscal year.
Each Electing Share shall be converted into the right to receive an amount in cash equal to the Per Share Cash Price, subject to Section 2.1(a)(ii)(3) and Section 2.1(a)(ii)(4).
If, after the Effective Time of the Merger, such holder fails to perfect or loses any such right to appraisal, each such share of such holder shall be treated as a share (other than an Electing Share) that had been converted as of the Effective Time of the Merger into the right to receive Merger Consideration in accordance with this Section 2.01.
If any such holder of Company Common Stock shall have failed to perfect or shall have effectively withdrawn or lost such right, each share of such holder shall be treated, at the Company's sole discretion, as either (i) a share of Company Common Stock (other than an Electing Share) that had been converted as of the Effective Time into the right to receive the Common Stock Merger Consideration in accordance with Section 1.6(c)(ii) or (ii) an Electing Share.
At the Effective Time, on the terms and subject to the conditions hereinafter set forth in Article IX, each Electing Share shall, by virtue of the Merger and the election made with respect thereto, cease to be outstanding, be canceled and retired and be converted into cash in an amount equal to $81.2387 without interest thereon at any time (the "Cash Value per Share").
Xxxxxxx Title: A General Partner 8 SCHEDULE A Number of Shares of Pre-Closing Name Common Stock Electing Share ----------- ---------- WARBURG, PINCXX XXXITAL 5,378,004 400,000 COMPANY, L.P. 466 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 XXRBURG, PINCXX & XO.
Any share of Class V Common Stock with respect to which neither a Share Election nor a Cash Election has been properly made and any share of Class V Common Stock with respect to which a Share Election or a Cash Election has been revoked or lost pursuant to Section 2.04 and not subsequently made shall be deemed to be a Share Electing Share.