Examples of Newco Shareholder in a sentence
With respect to shares held in street name, at the request of Newco, Shareholder shall take all steps necessary to vote such Shares in accordance with the terms of this Agreement and shall provide Newco written evidence of such action, and/or shall take all steps and provide all documentation necessary for Newco to vote the Shares at the shareholders meeting approving the Merger Agreement.
To the extent that the Surviving Corporation so withholds those amounts, such withheld amounts will be treated for all purposes of this Agreement as having been paid to the Newco Shareholder in respect of the shares for which such deduction and withholding was made by the Surviving Corporation.
The Parties agree to cause Newco to comply with all of Newco’s agreements, covenants and obligations under this Agreement and to promptly effect the Newco Shareholder Approval.
The Mellon, BNY and/or Newco Shareholder Approvals shall include such approvals as may be necessary to maintain the qualification of any Mellon Stock Plans under section 422 or section 423 of the Internal Revenue Code.
The Initial Newco Shareholder shall be deemed to have no liability whatsoever for any matter pertaining to its status as the Initial Newco Shareholder, other than its obligations under this Plan to act as the Initial Newco Shareholder.