Eligible Shares definition

Eligible Shares has the meaning assigned to such term in Section 4.1(a).

Eligible Shares has the meaning set forth in Section 4(b).

Eligible Shares means all Company Common Shares issued and outstanding immediately prior to the Effective Time, other than the Excluded Shares.

Examples of Eligible Shares in a sentence

• With respect to the Power CDIs representing Eligible Shares, Shock shall: (A) issue to the CDI Depositary the Shock Ordinary Share Consideration in consideration of the transfer or cancellation of Power Common Stock held by the CDI Depositary; (B) procure the CDI Depositary to then, in accordance with the ASX Settlement Rules, deliver such Shock Ordinary Shares in the amounts determined pursuant to Sections 3.1(b)(i)(A) and 3.3(h).

• All Merger Consideration (including any dividends or other distributions with respect to Shock Ordinary Shares and Shock ADSs pursuant to Section 3.3(g) and any cash in lieu of fractional Shock Ordinary Shares or Shock ADSs pursuant to Section 3.3(h)) paid upon the surrender of and in exchange for Eligible Shares in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to such Power Common Stock.

• No certificates or scrip or shares representing fractional Shock Ordinary Shares or fractional Shock ADSs shall be issued upon the exchange of Eligible Shares.

• The Exchange Agent shall, pursuant to irrevocable instructions, deliver the Merger Consideration contemplated to be issued in exchange for Eligible Shares pursuant to this Agreement out of the Exchange Fund to the holders of Eligible Shares (after taking into account all Eligible Shares then held by such holder).

• Prior to the Effective Time, Shock shall enter into, or cause Merger Sub to enter into, an agreement with Computershare Trust Company, N.A. (or its Affiliate), or another firm reasonably acceptable to Power and Shock, to act as agent for the holders of Eligible Shares (the “Exchange Agent”), to which such holders shall become entitled pursuant to this Article III.

More Definitions of Eligible Shares

Eligible Shares means each Share issued and outstanding immediately prior to the Effective Time, other than (a) subject to the last sentence of Section 4.2(f), any Excluded Shares, and (b) any Company Restricted Shares.

Eligible Shares means the Registrable Shares and the Other Shares.

Eligible Shares means, other than any Excluded Shares, each Share issued and outstanding immediately prior to the Effective Time.

Eligible Shares means the Eligible Common Shares and the Eligible Preferred Shares.

Eligible Shares means Shares purchased during the Class Period and held at the close of trading on August 11, 2016.

Eligible Shares means each share of CCIT III Common Stock outstanding immediately prior to the Merger Effective Time, other than Excluded Shares and the CCIT III Restricted Share Awards.

Eligible Shares has the meaning set forth in Section 6(b).