Examples of Merger Election in a sentence
If the Stockholder initially elects the Stock Sale Procedure (the "Stock Sale Election"), it may not, at any time thereafter, make a Merger Election.
If the Stockholder initially elects the Merger Procedure (a "Merger Election"), it may at any time prior to the execution by the Parent and the Company of a definitive agreement for a merger transaction, upon written notice to the Company, irrevocably elect to abandon the Merger Procedure and elect the Stock Sale Procedure, in which latter event the Parent shall have 18 months following its election of the Stock Sale Procedure to consummate the sale of its shares.
Unitholders that make the Merger Election will receive units of SPG or SPS, as applicable, upon the compulsory redemption of their units as part of the proposed merger transactions between SPG and CGT and between SPS and SBT (collectively, the "Merger Transactions").
We acknowledge that, in connection with each of our Spin-off Election and our FGC UES Merger Election, DTC, in the event we hold RAO UES ADRs in book-entry form through DTC, will automatically and independently calculate our Spin-off Entitlement and FGC UES Merger Entitlement based upon these ratios.
In addition, Sprott emphasized that nevertheless, once the allegations of confusion were brought to the attention of Sprott, it voluntarily and without prompting went back to each member of the soliciting dealer group and ensured that members were aware that tendering to the Sprott Bids is voluntary.[47] We find that the structure of the Sprott Bids, specifically the choice between the Exchange Offer Election or the Merger Election, was not a coercive feature.
If the Stockholder makes a Merger Election, it shall within 30 days after doing so submit a notice to the Company setting forth the material terms and conditions upon which it would propose to acquire the Voting Securities not Beneficially Owned by it and its Affiliates (the "Merger Proposal").
In this model a pair of surface semions fuses into the deconfined bulk boson.
By a majority of all Directors present, this Joint Assembly hereby adopts this Joint Order calling for a Merger Election in each District on November 3, 2020.
He has some20 years’ experience in hospitality accounting and finance out of which 10 years at senior position.
The Sprott Bids are structured so that tendering unitholders are required to make one of two elections: (i) the Exchange Offer Election; or (ii) the Merger Election.