Examples of EMC Shares in a sentence
The Purchase Price for the Shares to be purchased by the Purchaser shall be an aggregate amount of $18,900,000 to be paid by the issuance by the Purchaser of the EMC Shares to EMC in satisfaction of all amounts owing by the Company to EMC under the EMC Note.
The issuance of this RFQ does not constitute an agreement by Webcor/Obayashi Joint Venture that any contract will actually be entered into.
All Quincy Shares owned by EMC or any of its Subsidiaries shall be cancelled and retired and shall cease to exist and no EMC Shares or other consideration shall be delivered in exchange therefor.
As consideration for the issuance of the EMC Shares in exchange for the surrender and cancellation of the Quincy Shares, the Surviving Corporation will concurrently with the Closing issue to EMC that number of shares of the Surviving Corporation equal in number to the number of Quincy Shares entitled to be exchanged for EMC Shares as at the Effective Time.
On or after the Effective Time, any Certificates presented to the Transfer Agent or EMC for any reason shall be converted into the EMC Shares payable in respect of the Quincy Shares represented by such Certificates.
At or prior to the Effective Time, EMC shall reserve, for the benefit of the Quincy Shareholders, sufficient EMC Shares to give effect to the Merger in accordance with this Agreement.
None of EMC, the Surviving Corporation or Quincy shall be liable to any Quincy Shareholder for any such EMC Shares delivered to a public official pursuant to any abandoned property, escheat or similar law.
The rules governing PFICs described above can have significant adverse tax effects on U.S. EMC Optionholders that are treated as owning EMC Shares under U.S. tax law.
If the Equity Option is exercised by Scandium, EMC shall issue to Scandium the number of EMC Shares calculated by: where: ‘N’ is the Number of EMC Shares issued to Scandium, ‘V’ is the fair market value of the Equity Conversion Portion to be acquired by EMC pursuant to the Equity Option, and ‘E’ is the market value of the EMC Shares (as defined in the TSX Company Manual) on the TSX or the principal market on which the EMC Shares are traded as at the date of Scandium’s exercise of the Equity Option.
The EMC Shares issued upon conversion of Quincy Shares in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such Quincy Shares.