Examples of Target Common Share in a sentence
At the Effective Time, all Target Common Shares that are owned by Target as treasury stock and each Target Common Share owned by Acquiror or any direct or indirect wholly owned subsidiary of Acquiror or of Target immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.
Section 4.1(a) of the Merger Agreement is hereby amended by deleting the phrase “$0.29 per Target Common Share (the “Merger Consideration”)” and inserting the phrase “$0.33 per Target Common Share (the “Merger Consideration”)” in lieu thereof.
The consideration for the cancellation of any such Target Option shall be (x) the amount by which the Target Market Price (as defined below) of one share of Target Common Share exceeds the per share exercise price of such Target Option (y) multiplied by the number of Target Common Shares covered by the outstanding portion of the cancelled Target Option.
The Glasgow Housing Association Limited has secured a major portion of its housing stock (£1,301.4m) against this facility.
On January 10, 2020, the Offeror also submitted a written proposal to the Target, setting out the acquisition price being JPY 7,800 per Target Common Share.
Each Flow-Through Unit consists of one Target Common Share and one half of one Target Common Share purchase warrant, and each such full warrant entitles the holder to acquire one Target Common Share at a price of $0.40 per share until May 5, 2015.
As a result, the Offer Price for the Target Common Share was finally determined as of today to be 197 yen.
Pursuant to the Arrangement, the Target Shareholders will receive 1.2 common shares of Crosshair for each Target Common Share on the terms set out therein.
Each Target Common Share issued and outstanding immediately prior to the Effective Time (other than any Target Common Shares to be canceled pursuant to Section 1.4(a)(v) and any Dissenting Target Shares (to the extent provided in Section 1.9 of this Agreement)) will be canceled and entitled to no payment of any kind.
In the event of an adjustment in the Exchange Consideration as provided in Section 3.2(b), above, the number of Acquiror Common Shares to be received in exchange for each Target Common Share and each Partnership Interest, respectively, shall be multiplied by a fraction, the numerator of which is the number of Acquiror Common Shares which comprise the Exchange Consideration as adjusted pursuant to Section 3.2(b), above, and the denominator of which is five million (5,000,000).