Maximum Share Consideration definition

Maximum Share Consideration has the meaning set out in Section 2.1(b);

Maximum Share Consideration means the number of Plazacorp Shares that is equal to the product of (i) 1.7041, multiplied by (ii) the sum of (A) the aggregate number of Units outstanding on a fully-diluted basis and (B) the aggregate number of Units that would be issuable upon the conversion of all the KEYreit Debentures, multiplied by(iii) ½;

Maximum Share Consideration means 0.5821 multiplied by the number of Inco Shares To Which The Bid Relates. Based on the number of Inco Shares outstanding on a fully diluted basis as of June 30, 2006, the Maximum Share Consideration is 132,303,608 Teck Subordinate Voting Shares. All references in the Offer and Circular and the First Variation to the Maximum Cash Consideration and the Maximum Share Consideration offered by the Offeror are amended to reflect the foregoing changes. Assuming that either all Shareholders tendered to the Cash Alternative or all Shareholders tendered to the Share Alternative, after the effect of pro ration, each Shareholder would be entitled to receive $40.00 in cash and 0.5821 of a Teck Subordinate Voting Share for each Inco Share tendered, subject to adjustment for fractional shares. In light of the total amount of cash available under the Offer relative to the size of the Offer, it is unlikely that Shareholders who elect to receive the Cash Alternative will receive only cash consideration for their Inco Shares. All references in the Offer and Circular and the First Variation to the amount of cash and Teck Subordinate Voting Shares that would be received assuming that either all Shareholders tendered to the Cash Alternative or all Shareholders tendered to the Share Alternative, are amended to reflect the foregoing. On July 28, 2006, the last trading day prior to the Offeror's announcement of its intention to amend the consideration offered for the Inco Shares, the closing price of the Teck Subordinate Voting Shares on the TSX and NYSE was Cdn.$73.01 and U.S.$64.87, respectively, and the closing price of the Inco Shares on the TSX and NYSE was Cdn.$86.57 and U.S.$76.40, respectively. The volume-weighted average trading price of the Inco Shares on the TSX for the 30 trading days ended July 28, 2006 was Cdn.$76.12. The volume-weighted average trading price of the Inco Shares on the NYSE for the 30 trading days ended July 28, 2006 was U.S.$66.53. The Offer price of Cdn.$82.50 per Inco Share represents a premium of approximately 8.4% and a discount of approximately 4.7% to the 30 trading day volume-weighted average trading price and the closing price, respectively, of the Inco Shares on the TSX as at July 28, 2006 and a premium of approximately 9.6% and a discount of approximately 4.6% to the 30 trading day volume-weighted average trading price and the closing price, respectively, of the Inco Shares on the NYSE as at July 28, 2006. Assuming that all of the cond...

Examples of Maximum Share Consideration in a sentence

• Assuming that either all Unitholders tendered to the Cash Alternative or all Unitholders tendered to the Share Alternative, and based on the Maximum Cash Consideration and the Maximum Share Consideration, each Unitholder would be entitled to receive approximately $4.175 in cash and approximately 0.85205 of a common share of Plazacorp (the “Plazacorp Shares”) for each Unit tendered, subject to adjustment for fractional Plazacorp Shares.

• The elections made by holders of Shares will be subject to proration if Shareholders collectively elect to receive more than the Maximum Cash Consideration or the Maximum Share Consideration.

• The Maximum Cash Consideration and the Maximum Share Consideration will be prorated on each Take-Up Date as necessary to ensure that the total aggregate consideration payable under the Offer and in any Compulsory Acquisition or Subsequent Acquisition Transaction does not exceed the Maximum Cash Consideration and the Maximum Share Consideration.

• In the event that the cash consideration or number of New Gold Shares that would otherwise be payable or issuable, as the case may be, by the Offeror to Shareholders under the Offer would exceed the Maximum Cash Consideration or the Maximum Share Consideration, the amount of cash or number of New Gold Shares to be received by Shareholders electing the Cash Option or the Share Option shall be subject to proration as set out in Schedule B.

• The total amount of cash (continued on next page)available under the Offer is limited to the Maximum Cash Consideration and the total number of Plazacorp Shares issuable is limited to the Maximum Share Consideration (both as hereinafter defined).

More Definitions of Maximum Share Consideration

Maximum Share Consideration means 0.6562 multiplied by the number of outstanding Shares on a fully diluted basis on the date of the Offer;

Maximum Share Consideration means 333,183,451 Barrick Common Shares; All references in the Offer and Circular, the Letter of Transmittal and the Notice of Guaranteed Delivery to the Maximum Cash Consideration and the Maximum Share Consideration offered by the Offeror are amended to reflect the foregoing changes. Assuming that either all Shareholders tendered to the Cash Alternative or all Shareholders tendered to the Share Alternative, each Shareholder would be entitled to receive $2.91 in cash and 0.7216 of a Barrick Common Share for each Share tendered, subject to adjustment for fractional shares. In light of the total amount of cash available under the Offer relative to the size of the Offer, it is unlikely that Shareholders who elect to receive the Cash Alternative will receive only cash consideration for their Shares. All references in the Offer and Circular, the Letter of Transmittal and the Notice of Guaranteed Delivery to the amount of cash and Barrick Common Shares that would be received assuming that either all Shareholders tendered to the Cash Alternative or all Shareholders tendered to the Share Alternative, are amended to reflect the foregoing. The Offer price of $22.50 per Share represents a premium of approximately 36% over the closing price of the Shares on the NYSE on October 28, 2005, the last trading day prior to the Offeror’s announcement of its intention to make the Original Offer. The Offer price also represents a premium of approximately 39% over the average closing price of Shares on the NYSE for the ten trading days immediately preceding the date of the Offeror’s announcement of its intention to make the Original Offer. Assuming that all of the conditions to the Offer are satisfied or waived, all Shareholders whose Shares are taken up under the Offer, including Shareholders who have already deposited their Shares to the Offer, will receive the increased price for their Shares.

Maximum Share Consideration means that number of New Gold Shares that is equal to (i) 0.5, multiplied by (ii) the aggregate number of Shares outstanding on a fully-diluted basis (that are not held by New Gold), multiplied by (iii) 0.50, and is approximately 25.8 million New Gold Shares based on the aggregate number of Shares outstanding as at May 30, 2013 on a fully-diluted basis;

Maximum Share Consideration means 23,500,000 Alamos Shares;

Maximum Share Consideration has the meaning ascribed thereto in Section 3.3(a) of the Plan of Arrangement.

Maximum Share Consideration means, subject to Section 2.1(a), the maximum number of Hawker Common Shares issuable pursuant to the Offer, based on the Exchange Ratio and assuming that the Maximum Cash Consideration is payable pursuant to the Offer;

Maximum Share Consideration means such number of CGI Shares having an aggregate value equal to 44% of the total consideration payable pursuant to the Offer on any Take-Up Date using a CGI Share price of $7.13";