Examples of PTI Common Stock in a sentence
The CVRs shall be issued and distributed by PTI, after the Merger, to the Persons who as of immediately prior to the Effective Time are stockholders of record of PTI or have the right to receive PTI Common Stock as of immediately prior to the Effective Time, as contemplated by the Merger Agreement.
By their execution of this Agreement each PTI Shareholder (a) consents to the terms of the Merger and to the taking of shareholder action to approve the Merger without a meeting, (b) acknowledges that he is aware of his rights to dissent to the Merger and demand payment for his shares of PTI Common Stock in accordance with the NYBCL and PTI's bylaws, and (c) waives such rights to dissent and demand payment.
If you are unable to deliver the certificate(s) formerly representing PTI Common Stock due to loss or destruction of such certificate(s), you should promptly execute the enclosed Affidavit of Loss and Indemnity and return it with the completed Letter of Transmittal.
The Subject PTI Common Stock is duly authorized, validly issued, fully paid and non-assessable common stock of PTI.
All certificates for shares of PTI Common Stock must be surrendered on the terms and conditions set forth in the Letter of Transmittal and in the Merger Agreement, unless waived by an authorized officer of Holdings.
Upon termination of this Agreement or as soon as practicable thereafter, you shall deliver to the Surviving Corporation for cancellation all certificates formerly representing PTI Common Stock tendered by Minority Shareholders and received by you.
The Escrow Agent shall, subject to the provisions of this Section 10.2, deliver to PTI out of the Escrow Fund, as promptly as practicable, shares of PTI Common Stock or other assets held in the Escrow Fund having a value equal to such Damages.
At the Effective Time, each of the Shareholders shall surrender the certificate or certificates representing shares of PTI Common Stock to SuperShuttle.
Quantum understands and acknowledges that there is no established market for the Subject AMSC Common Stock, and that if there was such, the value of the Subject AMSC Common Stock could be in excess of the value of the Subject PTI Common Stock.
For good and valuable consideration, receipt of which is hereby acknowledged, PTI shall promptly following the execution and delivery of this Agreement, issue to Quantum One Thousand Four Hundred (1,400) shares of PTI Common Stock (“Subject PTI Common Stock”).