Examples of Merger Sub Membership Interests in a sentence
Section 1.16(a)(iii) of the BCA is hereby amended and restated as follows:(iii) Conversion of U.S. Merger Sub Membership Interests.
For purposes of illustration, the Members currently own One Thousand (1,000) OneLove Membership Interests which will be converted in exchange for One Million Four Hundred Fifty Thousand (1,450,000) of the Merger Sub Membership Interests and subsequently One Million Four Hundred Fifty Thousand (1,450,000) shares of the Parent’s Common Stock in accordance with Schedule I attached hereto (the “Shares”).
All of the OneLove Membership Interests issued and outstanding immediately prior to the Effective Time of the Merger shall be converted so that approximately One Million Four Hundred Fifty Thousand (1,450,000) Merger Sub Membership Interests are issued for all of the OneLove Membership Interests held (the “Merger Consideration”) and shall subsequently be exchanged for Parent’s Common Stock at a ratio of one-to-one (1:1) (the “Exchange Ratio”).
There are no options, warrants, conversion rights or other rights outstanding pursuant to which any person could acquire any Merger Sub Membership Interests.
All of the membership interests of Merger Sub (the "Merger Sub Membership Interests") that are issued and outstanding immediately prior to the Effective Time shall be converted into an aggregate of one thousand (1,000) fully paid and nonassessable common shares, without par value, of the Surviving Company.
At the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub, the Company or any holder of any shares of Company Common Stock or any member's interests of Merger Sub, all of the member's interests of Merger Sub ("Merger Sub Membership Interests") outstanding immediately prior to the Effective Time shall be deemed to represent all of the outstanding member's interests of the Surviving Entity ("Surviving Entity Member's Interests").
As of the date of this Agreement, there are 100 Merger Sub Membership Interests issued and outstanding, and Parent is the legal and beneficial owner of all of such Merger Sub Membership Interests.
There are no rights, subscriptions, warrants, options, conversion rights or agreements of any kind outstanding to purchase or otherwise acquire from Merger Sub any Merger Sub Membership Interests or other securities of Merger Sub of any kind, and there will not be any such agreements prior to or at the Effective Time.
As of the date of this Agreement, there are 100 Merger Sub Membership Interests issued and outstanding, and Parent is the legal andbeneficial owner of all of such Merger Sub Membership Interests.
The strain amplitude determines the approximate number of interparticle collisions per half cycle, which is estimated as the collision rate multiplied by the half period, or 2ϕbulk γ0 (where ϕbulk =0.4).