Examples of Merger Consideration Shares in a sentence
The allocation of the Merger Consideration Shares to the Company Shareholders pursuant to the finalized Payment Spreadsheet shall, to the fullest extent permitted by applicable Law, be final and binding on all parties and shall be used by parties hereof for purposes of issuing the corresponding number of Merger Consideration Shares to the Company Shareholders pursuant to this Article II, absent manifest error.
As soon as reasonably practicable (but in any event no later than two (2) Business Days) prior to the Closing Date, the Company shall deliver to the SPAC a spreadsheet schedule (the “Payment Spreadsheet”) in excel format with underlying calculations setting forth the corresponding number of Merger Consideration Shares payable to each Company Shareholder in accordance with the terms of this Agreement and the Company Organizational Documents.
All securities issued upon the surrender of Company Shares in relation to the Initial Merger and in accordance with the terms hereof, shall be deemed to have been issued in full satisfaction of all rights pertaining to such securities, provided that any restrictions on the sale and transfer of such Company Shares shall also apply to the Merger Consideration Shares so issued in exchange.