Examples of Initial Merger Agreement in a sentence
Under the terms of the Initial Merger Agreement, stockholders of 21CF would receive 0.2745 shares of Disney common stock for each share of 21CF common stock they own, subject to adjustment for certain tax liabilities (the “Initial Merger Consideration”).
On March 4, 1999, Mann Armistead rendered to the Special Committee an oral opinion, which was to be subsequently confirmed by a written opinion that the $30.00 per share consideration described in the Initial Merger Agreement was fair, from a financial point of view, to the Public Shareholders of WinsLoew.
Such proposal was accompanied by copies of the Trivest equity commitment letter, the BankBoston senior secured financing commitment letter and the Bear Stearns highly confident letter with respect to the senior subordinated notes, as well as a proposed amendment to the Initial Merger Agreement.
The Parent, New Parent, Merger Sub I, Merger Sub II and the Company are parties to an Agreement and Plan of Contribution and Merger dated as of October 18, 1998 (the "Initial Merger Agreement") and wish to amend and restate the Initial Merger Agreement in its entirety by executing this Agreement to permit holders of Company Shares (as defined below) to make the Stock Election (as defined below).
Each representation or warranty of the Borrower set forth in the Initial Merger Agreement, and, to the best knowledge of the Borrower, each representation or warranty of each other party to the Initial Merger Agreement, is true and correct in all material respects.
Orion represents and warrants to each of Actava, Sterling and MITI that from and after April 12, 1995 until the date hereof, Orion has performed and complied with in all material respects its obligations, agreements and covenants under the Initial Merger Agreement which were required to be performed or complied with by it at or prior to the date hereof.
The Initial Merger Agreement contemplated a payment of $18.25 per share for the approximately 71 million outstanding HLSS shares,132 totaling roughly $1.3 billion in cash, plus the “assum[ption] [of] all the .
No such policy provides for or is subject to any currently enforceable retroactive rate or premium adjustment or loss sharing arrangement arising wholly or partially out of events arising prior to the date of the Initial Merger Agreement.
APRIL 7 OPINION On March 30, the Special Committee received the March 30 Trivest Proposal and a proposed amendment to the Initial Merger Agreement from the Purchaser.
Actava represents and warrants to each of Orion, Sterling and MITI that from and after April 12, 1995 until the date hereof, Actava has performed and complied with in all material respects its obligations, agreements and covenants under the Agreement and Plan of Merger dated as of April 12, 1995 among Actava, Orion, Sterling and MITI (the "Initial Merger Agreement") which were required to be performed or complied with by it at or prior to the date hereof.