Examples of Estimated Per Share Merger Consideration in a sentence
Immediately following the First Restatement Effective Date, the Additional Consideration shall automatically convert without any further action by the parties hereto into a number of Conversion Shares equal to (1) the Additional Consideration divided by (2) seventy-five percent (75%) (the “Conversion Percentage”) of the Estimated Per Share Merger Consideration.
The Pre-Closing Statement shall also specify the Closing Date Merger Consideration and the Estimated Per Share Merger Consideration.
The Company shall, concurrently with the delivery to Parent and Merger Sub of its calculations of the Estimated Merger Consideration and Estimated Per Share Merger Consideration, cause to be prepared and delivered to Parent and Merger Sub a statement setting forth the estimated calculation of the Net Working Capital (as defined below) (the “Estimated Net Working Capital”) as of the close of business on the day immediately preceding the Closing Date.
Each issued and outstanding Company Common Share (other than shares to be canceled in accordance with Section 2.1(b)) shall thereupon be converted automatically into and shall thereafter represent the right to receive, without interest, subject to Section 2.4, (i) the Estimated Per Share Merger Consideration plus (ii) its Allocable Share of any amounts distributed to the Former Holder pursuant to Section 2.2(g), Section 8.7 or Section 9.13(d).