Redeeming SPAC Shares definition

Redeeming SPAC Shares means SPAC Ordinary Shares in respect of which the eligible (as determined in accordance with the SPAC Charter) holder thereof has validly exercised (and not validly revoked, withdrawn or lost) his, her or its SPAC Shareholder Redemption Right;

Examples of Redeeming SPAC Shares in a sentence

  • Such individual issues, however, do not “doom the action to failure” because those defenses can “be the subject of separate proceedings.” GM Trucks, 55 F.3d at 815.

  • Bronx (BR) County Snapshot,” County Health Rankings & Roadmaps, accessed March 30, 2014, http://www.countyhealthrankings.org/app/new-york/2014/rankings/bronx/county/outcomes/overall/snapshot.In comparison, Manhattan received a 7.9 on the scale.

  • SPAC Class A Shareholders who elect to redeem all or part of their SPAC Class A Shares will not have any right to receive Successor Company Shares in exchange for the Redeeming SPAC Shares.

  • The SPAC Board has received from Newbridge Securities Corporation an opinion to the effect that, as of the date of such opinion and based upon and subject to the qualifications, assumptions and limitations set forth therein, the Merger Consideration to be paid to the holders of SPAC Class A Shares (other than any Excluded Shares and Redeeming SPAC Shares) is fair, from a financial point of view, to such holders.

  • Each SPAC Shareholder shall be entitled to receive its portion of the Merger Consideration, pursuant to Section 2.3(c) (excluding any SPAC Shares referred to in Section 2.3(e), Redeeming SPAC Shares and any Dissenting SPAC Shares), upon the receipt of an “agent’s message” by the Exchange Agent (or such other evidence of transfer, if any, as the Exchange Agent may reasonably request), together with such other documents as may reasonably be requested by the Exchange Agent.

  • Following the Unit Separation, but prior to the First Effective Time, any Redeeming SPAC Shares, the holder of which validly exercised (and did not validly revoke or withdraw) the SPAC Shareholder Redemption Right, shall be redeemed in accordance with the SPAC Charter and shall not be converted in accordance with the other provisions of this Section 2.1.

Related to Redeeming SPAC Shares

  • Minimum Redemption means, in relation to the Euro RDR ‘Retail’ Unhedged Accumulation Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.