Shares Consideration definition
Examples of Shares Consideration in a sentence
The Vendor’s or the Company’s beneficial ownership of the Sale Shares Consideration Shares or the Subscription Consideration Shares (as the case may be)s will not violate any applicable securities or other laws of the Vendor’s or the Company’s jurisdiction.
CRS Shares issued as part of the Shares Consideration will not be registered under the Securities Act of 1933, as amended (the “Securities Act”).
Any portion of the Payment Fund which remains undistributed for twelve (12) months after the Effective Time shall be delivered to Parent, upon demand, and any holders of shares of Company Common Stock prior to the Effective Time who have not theretofore complied with this Article II shall thereafter look only to Parent and only as general creditors thereof for payment of the Common Stock Consideration and Fractional Shares Consideration, as applicable.
The Shares Consideration was determined based on a purchase price of Thirteen Million Seven Hundred and Fifty Thousand Dollars ($13,750,000) and a price per CRS Share of $0.6469.
On or after the Effective Time, any Certificates validly presented to the Exchange Agent or AMPSA shall be converted into the right to receive the GHV Shares Consideration in accordance with the provisions of Section 3.7(b).
By executing this Agreement, the Seller represents that it has no contract, undertaking, agreement, or arrangement with any Person to sell, transfer, or grant participation to such Person or any third Person concerning the Purchaser Shares Consideration.
The Seller understands that a limited market currently exists for the resale of the Purchaser Shares Consideration, and it may only be possible to sell the Purchaser Shares Consideration within the sale of all of the stock or assets of Purchaser.
Any portion of the Exchange Fund with respect to the GHV Shares Consideration remaining unclaimed by holders of the GHV Closing Shares, as may be applicable, as of a date which is immediately prior to such time as such amounts would otherwise escheat to or become property of any government entity shall, to the extent permitted by applicable Law, become the property of AMPSA free and clear of any claims or interest of any person previously entitled thereto.
Upon the exercise of the Option, the Company will, subject to securing all shareholder and regulatory approvals including shareholder approval under Listing Rule 7.1, pay to the shareholders of Carolina 1,000,000,000 fully paid ordinary shares in the Company in consideration for the Sale Shares (Consideration Shares) and assume all obligations of Carolina (through Arlupo or otherwise) to meet any future payments owing under the Offer Agreement.
The Seller believes that he has received all the necessary or appropriate information to decide whether to invest in the Purchaser Shares Consideration.