Examples of SK Shares in a sentence
Based upon the foregoing, it is our opinion that upon the issuance and delivery of the Shares in exchange for the SK Shares in the manner contemplated in the Registration Statement, such Shares will be validly issued, fully paid and non-assessable.
The Registration Statement relates to the exchange of that number of shares of the Company's Common Stock, $1.00 par value per share (the "Shares"), equal to the Exchange Ratio (as defined in the Registration Statement) for each outstanding Common Share, par value $0.10 per share of Safety-Kleen Corp., a Wisconsin corporation (the "SK Shares"), validly tendered in the Offering (as defined below).
The Registration Statement relates to the exchange of 2.80 shares of the Company's Common Stock, $1.00 par value per share (the "Shares"), for each outstanding Common Share, par value $0.10 per share of Safety-Kleen Corp., a Wisconsin corporation (the "SK Shares"), pursuant to the Merger (as defined below).
Based upon the foregoing, it is our opinion that upon the issuance and delivery of the Shares in exchange for the SK Shares in the manner contemplated in the Merger Agreement as described in the Registration Statement, such Shares will be validly issued, fully paid and non-assessable.