Examples of Merger Share Number in a sentence
If the Maximum Merger Share Number exceeds the finally determined Merger Share Number, such excess shares will be returned to Holdco upon the IPO Deadline and be held in Holdco's treasury.
If the Effective Time occurs prior to the IPO Deadline, Holdco (a) will issue the Parent Merger Consideration to the former holders of Parent Common Stock as contemplated by Section 1.03(b) and (b) will deposit, with an escrow agent selected by the Company, for the benefit of the holders of Company Certificates, certificates representing shares of Holdco Common Stock equal to the Maximum Merger Share Number, which shares will be held in escrow (such shares, "ESCROWED SHARES") until the IPO Deadline.
If the Effective Time occurs prior to the IPO Deadline, Holdco will deposit, with an escrow agent selected by the Company, for the benefit of the holders of Company Certificates, certificates representing shares of Holdco Common Stock equal to the Maximum Merger Share Number, which shares will be held in escrow (such shares, "ESCROWED SHARES") until the IPO Deadline.