Examples of Stock Portion of the Merger Consideration in a sentence
No legend or other reference to any Encumbrance appears upon any certificate representing the Stock Portion of the Merger Consideration, except for customary legends with respect to transfer restrictions for restricted securities under federal and Delaware securities Law.
For purposes of this Agreement, the “Option Exchange Ratio” shall be the fraction having a numerator equal to the per share Merger Consideration (valuing the Stock Portion of the Merger Consideration at the Measurement Price thereof) and having a denominator equal to the Measurement Price.
The “Merger Consideration” is the aggregate consideration comprised of (i) the Cash Portion of the Merger Consideration, (ii) the Stock Portion of the Merger Consideration, and (iii) the Note Portion of the Merger Consideration.
The Stock Portion of the Merger Consideration shall be delivered in the form of stock certificates evidencing ownership by the Shareholders of a total of 500,000 shares of AmeriLink Common Stock.
The Parent Series A Preferred Stock that constitutes the Stock Portion of the Merger Consideration has been duly authorized, and upon consummation of the transactions contemplated by this Agreement, will be validly issued, fully paid and nonassessable and will be issued without violation of applicable Laws.
The “Merger Consideration” is the aggregate consideration set forth on Schedule 2.5 attached hereto, which Merger Consideration is comprised of (i) the Cash Portion of the Merger Consideration, (ii) the Stock Portion of the Merger Consideration and (iii) the right to receive the Earn-Out Payment on the terms and conditions set forth in Section 2.10.
The parties agree that the Stock Portion of the Merger Consideration is valued at $25,000,000.
Parent has reserved out of its authorized and unissued shares, and Parent shall continue to reserve out of its authorized and unissued shares and keep available until the Closing Date, free of preemptive rights, the number of shares of Parent Series A Preferred Stock that constitute the Stock Portion of the Merger Consideration.
The shares of Acquiror Common Stock comprising the Stock Portion of the Merger Consideration have been duly and validly authorized and, when issued in accordance with the terms hereof, will be validly issued and fully-paid and non-assessable and shall not have been issued in violation of any preemptive or similar rights.
Additionally, Acquiror will issue and deliver to the Exchange Agent for exchange in accordance with this Section 1.2, through such reasonable procedures as Acquiror and the Holder Representative may agree, certificates for the shares of Acquiror Common Stock representing the Stock Portion of the Merger Consideration.