Merger Share Issuance definition
Examples of Merger Share Issuance in a sentence
Total consideration for the merger was determined by both parties at arm’s length negotiation taking into account the respective gross merchandise volume of 58 Suyun and GoGoVan, and the Merger Share Issuance was completed on August 29, 2017.
The Merger and the issuance by Holdco of Holdco Common Stock in connection with the Merger (the "Merger Share Issuance") are referred to in this Agreement collectively as the "Merger Transactions".
The Merger, Share Issuance and other transactions contemplated by this Agreement do not trigger any requirements under any federal, state, local or foreign laws relating to the environment or natural resources which condition the transfer of assets, real estate or stock on the approval of or the need to notify a Governmental Authority having jurisdiction over the environment or natural resources.
The votes required for each proposal are as follows: ● Proposal No. 1 (Merger Share Issuance Proposal).
Assuming a quorum is present, the Merger Share Issuance Proposal will be approved by NTN’s stockholders if a majority of the votes cast on this proposal are “FOR” this proposal.
The PIP Amendment Proposal is conditioned upon the approval by the Zurn stockholders of the Merger Share Issuance Proposal.
The NTN board of directors recommends that NTN’s stockholders vote “FOR” the Merger Share Issuance Proposal.
As a result of the Merger Share Issuance Proposal, however, the overall ownership percentage of the current holders of Zurn Common Stock in Zurn will be diluted if the Merger is consummated.Q.Will the management of Zurn or the Board change upon consummation of the Merger?A.Concurrently with the closing of the Merger, Zurn will increase the size of the Zurn Board by two and appoint two Elkay representatives (Timothy Jahnke and Errol Halperin) to the Zurn Board to fill the newly created seats.
The Merger, Share Issuance and other transactions contemplated by this Agreement do not trigger any requirements under any federal, state, local or foreign laws relating to the environment or natural resources which condition the transfer of assets, real estate or stock on the approval of or the need to notify a Governmental Authority having jurisdiction over the environment or natural resources.SECTION 4.17 Specified F Co Contracts.(a) Status of Specified F Co Contracts.
If, at the special meeting, the NTN board of directors determines that it is necessary to seek to adjourn the special meeting to seek additional proxies to approve the Merger Share Issuance Proposal, the Reverse Stock Split Proposal, the Increase in Authorized Shares Proposal, the Series A Voting Rights Proposal, or the Asset Sale Proposal, then the NTN board of directors will move to vote on the Adjournment Proposal.