Examples of Participating Securityholder in a sentence
Any portion of the Merger Consideration that remains undistributed to any Participating Securityholder for failure to satisfy the conditions of Section 3.2(b)(iii) for one (1) year after the Effective Time shall be delivered to Jupiter, upon demand, and any Participating Securityholder who has not theretofore complied with this Section 3.2 shall thereafter look only to Jupiter for such holder’s portion of the Merger Consideration.
None of the Exchange Agent or the Surviving Company shall be liable to any Participating Securityholder for any Jupiter Common Stock (or dividends or distributions with respect thereto) or cash delivered to a public official pursuant to any abandoned property, escheat or similar Law.
To the extent that amounts are so deducted or withheld and timely paid to the applicable Governmental Authority in accordance with the BCA, such deducted or withheld amounts shall be treated for all purposes of this Agreement as having been paid, issued or transferred to the Participating Securityholder (or intended recipients) in respect of which such deduction and withholding was made.