SLP Share Exchange definition

SLP Share Exchange means the transfer of each SLP’s entire shareholding of C Shares to Haleon in exchange for Haleon issuing the applicable portion of the SLP Haleon Exchange Shares to each such SLP, pursuant to and in accordance with the terms of the SLP Exchange Agreement;
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SLP Share Exchange means the transfer of each SLP’s entire shareholding of C Shares to Haleon in exchange for Haleon issuing the applicable portion of the SLP Haleon Exchange Shares to each such SLP pursuant to and in accordance with the terms of the SLP Exchange Agreement;
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SLP Share Exchange has the meaning given in the SCIA;
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Examples of SLP Share Exchange in a sentence

  • For the avoidance of doubt, GSK shall ensure (and shall procure that the members of the GSK Group ensure) that GSK shall be the sole holder of the B Shares until Completion, and the SLPs shall be the sole holders of the C Shares until completion of the SLP Share Exchange, and that GSK shall be the sole holder of the A Shares until the commencement of the Demerger Completion Steps.

  • It is intended that the GSK Share Exchange (and thus the Guarantee Assumption Date), together with the SLP Share Exchange and Anacor Share Exchange (each as defined in “Overview of Demerger and Separation” below), will occur while markets are closed over the weekend immediately prior to the listing of the Haleon Shares on the LSE.

  • The transaction steps have been designed to ensure that the GSK Share Exchange, the SLP Share Exchange and the Anacor Share Exchange are interconditional, such that one cannot occurwithout completion of the others; the GSK Share Exchange will only proceed in the circumstances where the SLP Share Exchange and Anacor Share Exchange are also proceeding.

  • As such, on the occurrence of the Guarantee Assumption Date, the SLPs and Anacor will have unconditional contractual obligations to complete, respectively, the SLP Share Exchange and the Anacor Share Exchange either simultaneously with, or shortly following, the GSK Share Exchange.


More Definitions of SLP Share Exchange

SLP Share Exchange means the transfer of each SLP’s entire shareholding
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Related to SLP Share Exchange

  • Share Exchange has the meaning set forth in Section 2.1.

  • Share Exchange Event shall have the meaning specified in Section 14.07(a).

  • Share Exchange Agreement has the meaning specified in the Recitals.

  • First Merger has the meaning set forth in the Recitals.

  • Share Exchange Ratio means the ratio at which the Transferee Bank shares shall be allotted to the Transferor Banks’ shareholders as set out in the Schedule; and

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • Company Merger has the meaning specified in the Recitals hereto.

  • Merger Closing means “Closing,” as that term is defined in the Merger Agreement.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Parent Shareholder Approval means the affirmative vote of the holders of a majority of the votes cast by holders of outstanding shares of Parent Stock on the proposal to approve the issuance of Parent Stock as provided in this Agreement at the Parent Special Meeting.

  • Pre-Exchange Transfer means any transfer or distribution in respect of one or more Common Units (i) that occurs prior to an Exchange of such Common Units, and (ii) to which Section 743(b) or 734(b) of the Code applies.

  • Company Shareholders means holders of Company Shares.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • Company Shares means the common shares in the capital of the Company;

  • Merger Sub 2 has the meaning set forth in the Preamble.

  • Closing Merger Consideration has the meaning set forth in Section 3.2(a)(ii).

  • Company Shareholder means a holder of Company Shares.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Total Merger Consideration has the meaning set forth in Section 2.2(a).