Examples of Initial Per Share Merger Consideration in a sentence
Each share of Preferred Stock issued and outstanding prior to the Effective Time, excluding any Dissenting Shares, will be canceled and extinguished and automatically converted into the right to receive from Parent (A) the Initial Per Share Merger Consideration plus (B) the Additional Per Share Merger Consideration (if any) (collectively, the “Aggregate Preferred Stock Merger Consideration”).
Each share of Common Stock issued and outstanding immediately prior to the Effective Time, excluding any Dissenting Shares and except as provided pursuant to Section 1.5(c), will be canceled and extinguished and automatically converted into the right to receive from Parent (A) the Initial Per Share Merger Consideration plus (B) the Additional Per Share Merger Consideration (if any) (collectively, the “Aggregate Common Stock Merger Consideration”).
Adopted 23.01.2009, e.i.f. 08.02.2009 (RT I, 19.04.2016, 2), § 6 (1).
The Letter of Transmittal shall specify that delivery of the Initial Per Share Merger Consideration shall be effected at or promptly following the Effective Time upon proper surrender of the holder’s stock certificates, together with such Letter of Transmittal properly completed and duly executed, to Representative, and instructions for use in surrendering such stock certificates, and receiving the Initial Per Share Merger Consideration in respect of the Common Stock evidenced thereby.
None of Parent, Holding, the Surviving Corporation or any of their respective Affiliates shall have any liability or obligation with respect to the disbursement by the Representative of the Initial Per Share Merger Consideration or the Per Share Merger Consideration to the Stockholders or for any errors or omissions by the Representative in connection therewith.