Examples of Locked-Up Shareholders in a sentence
The Lock-Up Agreements require the Locked-Up Shareholders to support any Alternative Transaction that Goldcorp concludes to be necessary or desirable on substantially equivalent or better terms and conditions as those contemplated by the Arrangement Agreement, including the Offer.
The Blissco Locked-Up Shareholders who collectively hold approximately 52.2% of the Blissco Shares and who have entered into Blissco Lock-Up Agreements under which they have agreed to vote for the Arrangement Resolution, subject to the terms of such agreements.
The Lock-Up Agreements set forth the terms and conditions under which Stornoway agreed to make the Offer and the agreement of the Locked-Up Shareholders, subject to the terms and conditions of the respective Lock-Up Agreements, to validly and irrevocably tender their Contact Shares in valid acceptance of the Offer.
Additionally, the Lock-Up Agreements prevent Locked-Up Shareholders from exercising any dissent rights and impose a restriction on selling or disposing of any Exeter Shares held by the Locked-Up Shareholders expiring upon completion of the Offer, or upon earlier termination of the Lock-Up Agreements.
As at February 14, 2007, the Locked-Up Shareholders represented that they beneficially owned or controlled 4,847,061 Cumberland Shares and 3,558,750 Options, representing, in the aggregate, approximately 10.5% of the outstanding Cumberland Shares on a fully-diluted basis on such date.