MTN Consideration Shares definition

MTN Consideration Shares means the MTN Shares which MTN Zakhele Shareholders may elect to receive in accordance with and subject to the terms of the MTN Zakhele Unwinding Scheme;
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Examples of MTN Consideration Shares in a sentence

  • However, in that instance, MTNZ Shareholders will not be able to receive MTNZ Futhi Shares.• If MTN’s New Empowerment Transaction does not proceed but the Scheme proceeds, MTNZ Shareholders will still be able to choose MTN Consideration Shares and/or Cash Consideration.

  • In the absence of updating your election, your choice of Scheme Consideration will be adjusted in accordance with the rules of Strate and you may not necessarily receive the MTN Consideration Shares and/ or Cash Consideration which you originally elected (i.e. prior to selling or transferring your MTNZ Shares, or acquiring additional MTNZ Shares).

  • If a Scheme Participant elects to receive MTN Consideration Shares in respect of less than 200 (two hundred) of the MTNZ Shares held by it, that Scheme Participant will be deemed to have elected to receive the Cash Consideration in the place of the MTN Consideration Shares so elected.

  • If you hold your MTNZ Shares through Pacific Nominees, you will have your Cash Consideration and/or MTN Consideration Shares credited to your account with Pacific Nominees, which in turn will be paid into your nominated bank account.

  • Scheme Participants must elect to receive MTN Consideration Shares in respect of at least 200 (two hundred) of the MTNZ Shares held by them (in aggregate) – whether as their primary election or as (or when combined with) their “fall-back” election (and must therefore hold at least 200 (two hundred) MTNZ Shares on the Scheme Consideration Record Date).

  • If you elect MTN Consideration Shares in respect of less than 200 (two hundred) of your MTNZ Shares in aggregate, you will be deemed to have elected to receive the Cash Consideration for those MTNZ Shares.

  • The MTN Consideration Shares and the Cash Consideration are therefore both deemed to be dividends in specie for purposes of DWT levied under the Income Tax Act.

  • While UR W33 covers ship hull steel welds and conventional NDT methods, another significant IACS achievement is the publication UR W34 ‘Advanced non-destructive testing of materials and welds’.

Related to MTN Consideration Shares

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Closing Stock Consideration means a number of shares of Parent Common Stock equal to (a) the Stock Consideration, minus (b) any shares of Parent Common Stock used to fund the SC Escrow Amount.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Merger Consideration has the meaning set forth in Section 2.1(a).

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Earnout Consideration has the meaning specified in Section 2.05(a).

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).