Examples of Exchangeco Shares in a sentence
In addition, the Company may require all outstanding Exchangeco Shares to be exchanged into an equal number of Vail Shares upon the occurrence of certain events and at any time following the seventh anniversary of the closing of the Arrangement.
Part of the consideration paid to Whistler Blackcomb shareholders consisted of 3,327,719 shares of our common stock and 418,095 Exchangeco Shares.
We also observed the procedures to enroll individuals and to forward mail.
Class A shares of Exchangeco are exchangeable into shares of the Issuer's common stock on a one-for-one basis at any time of the holder's choosing ("Exchangeco Shares").
In addition, the Company may require all outstanding Exchangeco Shares to be exchanged into an equal number of shares of our common stock upon the occurrence of certain events and at any time following the seventh anniversary of the closing of the transaction.
Shire will continue to have its primary listing in London with additional listings on NASDAQ and the Exchangeco Shares will trade on Toronto Stock Exchange, subject to various approvals.
The consideration paid consisted of (i) approximately C$673.8 million ($512.6 million) in cash (or C$17.50 per Whistler Blackcomb share), (ii) 3,327,719 Vail Shares and (iii) 418,095 Exchangeco Shares.
The Company’s calculation of weighted-average shares outstanding includes the Exchangeco Shares.
As of January 31, 2017, 73,047 Exchangeco Shares had not been exchanged into shares of our common stock.
The Earn Out and the Extra Earn Out, if earned, shall be paid as follows: (i) one-third (1/3) of the Earn Out shall be payable in cash (the “Earn Out Cash”) and (ii) subject to subsection (c) below, two-thirds (2/3) of the Earn Out and all of the Extra Earn Out shall be payable in Exchangeco Shares (the “Earn Out Shares”).