SAR Consideration definition

SAR Consideration has the meaning specified in Section 2.7(e).

SAR Consideration means the excess, if any, of the Merger Consideration over the exercise price per share of Common Stock subject to such Company SAR at the time of calculation. Notwithstanding the foregoing, if the exercise or purchase price with respect to the applicable Company SAR is equal to or greater than the Merger Consideration, such Company SAR shall be cancelled without any payment being made in respect thereof.

SAR Consideration means, in respect of any SAR, an amount in cash equal to the product of (i) the excess, if any, of the Consideration over the exercise price per Common Share subject to such SAR, multiplied by (ii) the number of Common Shares covered by such SAR immediately prior to the Effective Time.

Examples of SAR Consideration in a sentence

• With respect to the Company Share Plan, (i) each holder of a Company Option, Company RSU, Company Restricted Share, or SAR, will cease to have any rights with respect thereto, except the right to receive the Option Consideration, SAR Consideration, and Restricted Company Share Award Consideration, as applicable, payable at the time and in the manner set forth in Section 2.04(d) and (ii) as of immediately prior to the Effective Time, the Company Share Plan will terminate.

• The holder of a Company Share Award will receive in exchange therefor the Option Consideration, SAR Consideration, or Restricted Company Share Award Consideration, as applicable, pursuant to this S ection 2.04 through the payroll of the Surviving Company (or an applicable Subsidiary thereof) on or as soon as practicable after the Closing Date, and not later than the next regular payroll payment date of the Surviving Company that occurs at least five Business Days after the Closing Date.

• With respect to the Company Share Plan, (i) each holder of a Company Option, Company RSU, Company Restricted Share, or SAR, will cease to have any rights with respect thereto, except the right to receive the Option Consideration, SAR Consideration, and Restricted Company Share Award Consideration, as applicable, payable at the time and in the manner set forth in S ection 2.04(d) and (ii) as of immediately prior to the Effective Time, the Company Share Plan will terminate.

• All payments of SAR Consideration to SAR Holders shall be subject to and in accordance with the SAR Cancellation Agreements.

• Within thirty (30) days following the delivery by Buyer to the Company of an amount equal to the Aggregate Closing Date SAR Payment pursuant to Section 1.4(b), the Company shall (or shall cause the applicable Subsidiary of the Company to) pay to each Company SAR Award Holder such holder’s Closing Date SAR Consideration as set forth in the Closing Statement, through its payroll (or the payroll of the applicable Subsidiary).

• The Company, the Operating Company, Buyer, and their respective Affiliates shall be entitled to deduct or withhold from any amounts owing from the Company, the Operating Company, Buyer, or any of their respective Affiliates to SAR Holder or any beneficiaries (if applicable) any Taxes imposed in connection with SAR Holder’s receipt of the Individual SAR Consideration.

• Exchange of Shares; Payment of Option Consideration and SAR Consideration.

• Based on that review the PRT made changes to the draft SAR, Consideration of Issues and Directives, redlined BAL- 005, and redlined BAL-006 to reflect changes made to the redline standards in response to industry comments.

• Early Help and Prevention Sub Group (Joint Group)Training and Workforce Development Sub Group (Joint Group) Complex Safeguarding (Joint Group) Quality Assurance Sub Group Sub Chair Business Group SAR Consideration Panel Stockport Safeguarding Adults Board NB: A number of task and finish groups are generated from these main sub groups The Sub Chair Business Group includes the Chairs of the sub groups alongside the Chair of the SSAB, and statutory partners if not otherwise represented.

• In corollary to the increase of the ceiling of deposits reimbursed which went from CHF 30’000 to CHF 100’000, the maximal amount borne increased from 4 billion (art.

More Definitions of SAR Consideration

SAR Consideration means the aggregate consideration payable pursuant to Section 2.03(c) with respect to SARs outstanding as of the Effective Time.

SAR Consideration means the Closing SAR Consideration and the Earn-out SAR Consideration, if any.

SAR Consideration means a cash payment equal to the Australian Dollar Equivalent of the amount, if any, by which the Canadian Equivalent of the Consideration per Common Share in respect of each SAR with an exercise price denominated in Canadian dollars, exceeds the strike price per Common Share of such SAR.

SAR Consideration has the meaning ascribed to it in Section 3.3(a).

SAR Consideration in respect of each Petroamerica SAR, means the amount payable in cash pursuant to the termination and surrender of Petroamerica SARs pursuant to the Plan of Arrangement, being an amount equal to the product of: (i) the excess of the greater of (A) the Cash Consideration and (B) the five day volume weighted average trading price of the Petroamerica Shares on the TSXV for the period ending on the second Business Day before the Effective Date over the exercise price of such Petroamerica SAR; and (ii) the number of Petroamerica Shares that are covered by such Petroamerica SAR; provided that in the event the foregoing calculation would result in a product less than $0.01, the SAR Consideration in respect of such Petroamerica SAR shall be deemed to be $0.01.