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

• Failure to Deliver: Inapplicable Other applicable provisions: If Share Alternative Termination is applicable, the provisions of Sections 9.1(c), 9.8, 9.9, 9.11 (as modified below), 9.12 and 10.5 of the Equity Definitions will be applicable as if Physical Settlement were applicable.

• The Rollover Shares to be issued to eligible Hotel Chocolat Shareholders who elect for the Partial Share Alternative will be issued credited as fully paid and will rank economically pari passu with the Bidco A Shares being issued to Mars Snacking Holdings pursuant tothe Acquisition as described above, including the right to receive and retain dividends and other distributions declared, made or paid by reference to a record date falling on or after the date of this announcement.

• Further details will be included in the Scheme Document.Eligible Hotel Chocolat Shareholders who elect for the Partial Share Alternative will, pursuant to a power of attorney to be included in the Form of Election and/or the Scheme, deliver a fully executed deed of adherence pursuant to which they will be bound by the Bidco Shareholders’ Agreement.

• Assuming the Founders and the Thirlwell Family Trust elect for the Partial Share Alternative in the proportions in which each of them has undertaken to do pursuant to the Founder Irrevocable Undertakings and the Family Trust Irrevocable Undertaking for the Thirlwell Family Trust, it is expected that Partial Share Alternative Maximum will be met.

• In these circumstances the number of Rollover Shares to be issued to each Hotel Chocolat Shareholder who has validly elected for the Partial Share Alternative will be reduced on a pro rata basis, and the consideration for each Hotel Chocolat Share that is not exchanged for Rollover Shares will be paid in cash in accordance with the terms of the Cash Offer.

More Definitions of Share Alternative

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

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 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 means the alternative whereby Scheme Shareholders may elect to

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 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.