Examples of Merger Options in a sentence
As FLRish was a privately held company on January 7, 2019, the Company estimated the fair value of the equity consideration paid for the Merger Options as of January 7, 2019, the date the Merger Option Agreements were entered into.
Pursuant to the terms of the Merger Option Agreements, FLRish had the right to exercise the Merger Options at any time until the termination date of September 27, 2023.
He cited the following planned topics: land use, comprehensive plan, and RRT future land use category.
Since no consideration was payable upon exercise of the Merger Options, no related financial liability would be recognized.
Pursuant to the RTO Transaction, Lineage and FLRish agreed to exercise the Merger Options relating to PMACC under the Merger Option Agreements to purchase 100% of each of PMACC and SJW after the RTO Transaction, whereby the Company obtained legal control over PMACC and SJW and the shares were issued to the former shareholders of PMACC and SJW.
On January 7, 2019, FLRish entered into the Merger Option Agreements with PMACC and SJW, providing FLRish with the Merger Options to purchase 100% of the equity interests of PMACC and SJW for 4,051,247 shares of FLRish’s series B common stock (the “Series B Common Shares”) plus the assumption of debt owed by PMACC and SJW.
The offering and issuance of the PARENT Merger Options and the shares of PARENT Common Stock receivable on exercise of thereof shall be in registered in compliance with the Securities Act and all other applicable federal and state securities Laws to the reasonable satisfaction of TARGET and its counsel.
At or prior to the Effective Time, Parent shall take all corporate action necessary to reserve for issuance sufficient shares of Parent Class A Stock for delivery upon exercise of Parent Merger Options.
As of the Effective Time of the Merger, all rights with respect to the Community National Bank Shares issuable pursuant to the exercise of stock purchase options ("Community National Bank Options") granted by Community National Bank, and which are outstanding at the Effective Time of Merger shall be converted into options for CBF Shares (the "Merger Options") in compliance with any restrictions contained in the plan or agreement, if any, under which such Community National Bank Options were issued.
The Merger Option Agreements provided that only Harborside was entitled to all of PMACC’s and SJW’s profits and cash flows from January 7, 2019 until either the Merger Options were exercised or the Merger Option Agreements expired.