Examples of Spectrum Shares in a sentence
The undersigned, a Limited Partner in the Fund, if the Fund is consolidated pursuant to the Consolidation, will receive and retain American Spectrum Shares, unless the following election is marked: [_] Note Option Election: I wish to tender my limited partnership units to American Spectrum in exchange for Notes under the Note Option as described in the Prospectus/Consent Solicitation Statement.
A: The number of American Spectrum shares that will be allocated to each fund in the consolidation is set forth in the chart on page ___ under the caption "Summary--The Consolidation--American Spectrum Shares Allocated to the Funds." You will receive your proportion of the shares allocated to your fund.
The Stockholder Approval for the issuance of the Spectrum Shares contemplated to be issued pursuant to the Spectrum Contribution Agreement shall have been received.
The number of shares of capital stock owned by the Shareholders and the number of Spectrum Shares which the Shareholders will be entitled to receive in the Exchange is set forth in Exhibit A hereto.
The pro-forma financial information of the Combined Entity provides an overview of the effects of the transaction assuming that Bidder acquires 100% of Spectrum Shares on completion of the transaction.The Ramelius information in the pro-forma consolidated statement of financial position for the Ramelius Group is based on the financial statements as at 31 December 2019.
The Spectrum Shares to be issued to the Shareholders have been or will have been duly authorized by all necessary corporate and shareholder actions and, when so issued in accordance with the terms of this Agreement, will be validly issued, fully paid and non-assessable.
The Trust shall use the proceeds from the Spectrum Shares and the sale of the Capital Securities and the Common Securities to purchase the Debentures from the Company.
They could also encounter a lower level of liquidity in Spectrum Shares than exists today, which could result in a lower price for those Spectrum Shares should they wish to sell them in the future.
The number of AMHN Shares to be issued in exchange for the Spectrum Shares shall be determined upon the completion of due diligence and prior to the preparation of a definitive agreement between the parties.
Spectrum and the Shareholders hereby agree that the Shareholders shall, on the Closing Date (as hereinafter defined), exchange all of their issued and outstanding shares of the capital stock of the Company (the "Shares") for 5,025,000 shares of Spectrum Common Stock, $.0001 par value (the "Spectrum Shares") set forth in Exhibit A hereto.