Subject Securityholder definition
Examples of Subject Securityholder in a sentence
To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes of this Plan of Arrangement as having been paid to the former Subject Securityholder in respect of which such deduction and withholding was made, provided that such withheld amounts are actually remitted to the appropriate Governmental Entity within the time required by and in accordance with applicable laws.
For purposes of determining the fair market value of the Securities to be purchased pursuant to Section 3(c) hereof, if the Section 3(c) Securityholders or the Company, as applicable, and the Subject Securityholder, as applicable, agree in writing as to the purchase price for the Securities to be purchased as the result of a Sale Event, such agreed value shall be the fair market value of said Securities and shall be the purchase price of said Securities for purposes of this Agreement.
All expenses incurred in the appraisal process shall be borne and paid equally by the Subject Securityholder, on the one hand, and the Company, on the other hand.