Examples of Surviving Corporation Common Shares in a sentence
Each certificate representing outstanding Sub Common Shares shall at the Effective Time represent an equal number of Surviving Corporation Common Shares.
Each certificate representing Merger Sub Shares will at the Effective Time represent an equal number of shares of Surviving Corporation Common Shares.
At the Effective Time, all shares of Merger Sub Common Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of Purchaser, be converted into and thereafter evidence in the aggregate one hundred (100) Surviving Corporation Common Shares.
Each issued and outstanding common share, without par value, of Sub ("Sub Common Shares") shall be converted into and become one fully paid and nonassessable common share, without par value, of the Surviving Corporation ("Surviving Corporation Common Shares").
Each Shareholder agrees that, on or prior to the Effective Time, it will enter into a stockholders and registration rights agreement with Sponsor or its designees relating to the Surviving Corporation Common Shares with the terms set forth on Exhibit A hereto, with such changes as may be reasonably agreed to by the Shareholders and Sponsor, in a form reasonably satisfactory to such Shareholders and Sponsor prior to or at the Effective Time.
Each Shareholder ---------------------------------------------- agrees that, on or prior to the Effective Time, it will enter into a stockholders and registration rights agreement relating to the Surviving Corporation Common Shares with the terms set forth on Exhibit A hereto, with --------- such changes as may be reasonably agreed to by the Shareholders, in a form reasonably satisfactory to such Shareholders prior to or at the Effective Time.
Purchaser understands and agrees that the Surviving Corporation Common Shares may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act, except pursuant to an exemption from such registration available under such Act, and without compliance with state, local and foreign securities Laws, in each case, to the extent applicable.
Each share of common stock, par value $0.01 per share, of Mergeco issued and outstanding immediately prior to the Effective Time (the "Mergeco Common Shares") shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and exchangeable for one fully paid and nonassessable common share, par value $0.01 per share ("Surviving Corporation Common Shares"), of the Surviving Corporation.
Prior to the Effective Time, (a) FelCor will use its best efforts to have the NYSE approve for listing, upon official notice of issuance, the Surviving Corporation Common Shares to be issued in the Merger and (b) Bristol will cause BHR to use reasonable efforts to have the NYSE, the NASDAQ or another national securities exchange approve for listing, upon official notice of issuance, the BHR Common Shares to be distributed in the Spin-Off.
At the Merger Effective Time, each -------------------------- issued and outstanding no par value common Merging Corporation share ("Merging Corporation Common Shares") shall be converted into one (1) no par value common Surviving Corporation share ("Surviving Corporation Common Shares").