Examples of Exchange Effective Time in a sentence
PRISA shall use its reasonable best efforts to ensure the F-6s are declared effective under the Securities Act prior to the Exchange Effective Time.
Section 4.2(f) of the Business Combination Agreement is hereby deleted in its entirety and replaced with the following: “Any portion of the Exchange Fund that remains unclaimed by the Liberty Virginia Stockholders or the Liberty Warrantholders for six months after the Exchange Effective Time shall be returned to PRISA.
PRISA shall take all necessary action to submit to the shareholders of PRISA, Nicolas Bergruen and Xxxxxx Xxxxxxxx for election to the PRISA Board effective as of the Exchange Effective Time.
Consideration/Acquisition & Exchange; Effective Time The Acquisition shall become effective ("Effective Time") upon Court approval and the subsequent delivery of the Assignment from Receiver duly executed representing 100% of the Assets (sometimes hereinafter called "the assets") and delivery of the following consideration by RMR to Receiver: 1.
At the Exchange Effective Time, PRISA shall exchange its securities for all Liberty Warrants that are outstanding immediately prior thereto, in consideration for (a) the delivery by PRISA of PRISA Shares and (b) the payment by Liberty Virginia of cash, in each case in accordance with the terms of the Warrant Amendment Agreement (collectively, the “Warrant Consideration”), and PRISA shall receive from Liberty Virginia an omnibus certificate representing all of the Liberty Warrants from Liberty Virginia.
Not later than 48 hours prior to the Closing, Liberty shall deliver to the Trustee advance notice of the Exchange Effective Time in the form required by the IM Trust Agreement, a copy of such notice to be provided to PRISA promptly following such delivery.
Prior to the Closing, Liberty shall, and shall cause Liberty Virginia to, obtain the resignation of each of the officers and members of the Board of Directors of Liberty Virginia effective upon the Exchange Effective Time.
At and after the Exchange Effective Time, each share of PRISA Capital Stock issued and outstanding immediately prior to the Closing Date shall remain an issued and outstanding share of PRISA Capital Stock and shall not be affected by the Share Exchange.