Examples of Exchange Proposal in a sentence
Pursuant to the Reorganization Agreement and the Court Order, if you fail to vote on the Reorganization and Exchange Proposal, or otherwise fail to contact us in writing relating to this Exchange Offer for at least five years from (i) the date of the approval of the Exchange in the Fairness Hearing; or (ii) the effective date of a registration statement filed with the SEC if the Exchange is not deemed fair in the fairness hearing, your Rights and the New Bullion Shares issued to you will be cancelled.
Purchaser, the Company and NVP desire to make certain representations, warranties, covenants and agreements in connection with the Purchase, the Offer and the Exchange Proposal and also to prescribe various conditions to consummation of the Purchase, the Offer and the Exchange Proposal.
All of the Investor Consents and Filings and all of the Company Consents and Filings, in each case that are required to be obtained or made prior to the consummation of the Transactions, including, without limitation, the approval of the Exchange Proposal by the Company’s stockholders (the “Stockholder Approval”), shall have been obtained or made and all applicable waiting periods related thereto shall have expired or been terminated.
If the Utah Division of Securities approves the fairness of the terms and conditions of the Exchange Proposal, then the Exchange will be completed.
Approval of the proposal to adjourn the FNB United Annual Meeting, if necessary, to permit further solicitation of proxies to obtain additional votes in favor of the share issuance proposals, the TARP Exchange Proposal, the Share Increase Proposal and the Reverse Stock Split Proposal.
Accordingly, the owners of a majority of the Rights have already voted in favor of the Reorganization and Exchange Proposal.
Prior to filing or mailing of any Proxy Statement in connection with the Exchange Proposal, upon MHR’s request, the Corporation shall provide MHR a reasonable opportunity to review and comment on such Proxy Statement with respect to any information about the Exchange Proposal included therein and shall include in such Proxy Statement all such comments reasonably proposed by MHR pursuant to the foregoing.
Not later than the effective date of the Registration Statement, Purchaser shall file a registration statement on Form S-8 (or any successor form) or another appropriate form with respect to Purchaser Common Stock issuable upon the exercise of Company Options exchanged pursuant to the Exchange Proposal and shall use its commercially reasonable efforts to maintain the effectiveness of such registration statement or registration statements for so long as such options remain outstanding.
The Company is required to solicit its stockholders for approval of the Exchange Proposal and must obtain the Stockholder Approval.
Purchaser hereby agrees that it will comply with the provisions of the Offer Documents relating to the Exchange Proposal insofar as those provisions relate to its obligations.