Share Alternative definition

Share Alternative has the meaning ascribed thereto in Section 3.2(a) hereof;

Share Alternative means 1.7041 common shares of Plazacorp per Unit;

Share Alternative means the limited option made available to holders of Target Shares in the Offer Documents to elect to receive common stock of the Parent in place of the cash consideration otherwise payable;

Examples of Share Alternative in a sentence

• Neither the US Securities and Exchange Commission nor any US state securities commission has approved or disapproved of the Partial Share Alternative or determined if the Scheme Document is accurate or complete.

• The availability of the Acquisition (including the Partial Share Alternative) to Hotel Chocolat Shareholders who are not resident in the United Kingdom may be affected by the laws of the relevant jurisdictions in which they are resident.

• In aggregate, the maximum number of Rollover Shares available to be issued to eligible Hotel Chocolat Shareholders under the Partial Share Alternative will be limited to the equivalent of 30 per cent.

• The Rollover Shares issued under the Partial Share Alternative will not be registered under the US Securities Act of 1933 (the “Securities Act”).

• The availability of the Acquisition (including the Partial Share Alternative) and the distribution of this announcement to Hotel Chocolat Shareholders who are not resident in the United Kingdom may be affected by the laws of the relevant jurisdiction.

More Definitions of Share Alternative

Share Alternative means the right of each Common Shareholder to elect to receive, for each Common Share held by such Common Shareholder, 0.6371 of an Offeror Common Share under the Common Share Offer;

Share Alternative has the meaning ascribed thereto in Section 5.1.1(c);

Share Alternative means 1.1293 Teck Subordinate Voting Shares and $0.05 in cash for each Inco Share, subject to pro ration as set out herein. All references in the Offer and Circular and the First Variation to the price offered by the Offeror are amended to reflect the foregoing changes. The Maximum Cash Consideration has been increased to $9,091,281,360 and the Maximum Share Consideration has been reduced to 132,303,608 Teck Subordinate Voting Shares. Accordingly, the definitions of "Maximum Cash Consideration" and "Maximum Share Consideration" in the Offer and Circular (found at page 10 of the Offer and Circular) are deleted and replaced by the following, respectively:

Share Alternative means 0.8269 of a Barrick Common Share and $0.05 in cash for each Share, subject to pro ration as set out herein; All references in the Offer and Circular, the Letter of Transmittal and the Notice of Guaranteed Delivery to the price offered by the Offeror are amended to reflect the foregoing changes. The Maximum Cash Consideration has been increased to $1,343,630,601 and the Maximum Share Consideration has been increased to 333,183,451 Barrick Common Shares. Accordingly, the definitions of “Maximum Cash Consideration” and “Maximum Share Consideration” in the “Definitions” section of the Offer and Circular (found at page 16 of the Offer and Circular) are deleted and replaced by the following, respectively:

Share Alternative means the arrangements set out in paragraph 11 of this announcement pursuant to which eligible PureCircle Shareholders may elect to receive one Bidco Share for each PureCircle Share.

Share Alternative means the arrangements pursuant to which eligible Target Shareholders may elect to receive one Ingredion SRSS Share for each Target Share.

Share Alternative means the Bidco share alternative that is described in the Announcement under which eligible PureCircle Shareholders may elect to receive for each PureCircle Share, one Acquisition Shares in lieu of the full cash consideration to which they would otherwise be entitled under the Acquisition (subject to scaling back in accordance with the terms of the Announcement);