Target Optionholders definition
Examples of Target Optionholders in a sentence
Participate in efforts reasonably requested by the Target to promote the merits of the Transaction, the Scheme Consideration and the Option Scheme Consideration, including, where requested by the Target, meeting with key Target Shareholders or Target Optionholders.
Participate in efforts reasonably requested by Bidder to promote the merits of the Transaction, the Scheme Consideration and Option Scheme Consideration, including, where requested by the Bidder, meeting with key Target Shareholders and Target Optionholders.
It is the sum of the direct and spin-off activities that determines the total benefits of MDOT’s investments to the Michigan economy.The REMI model is designed to generate such estimates.
At the request of SS&C, Target will provide SS&C, on a timely basis, with all financial and other information concerning Target and its subsidiaries that SS&C reasonably requires in order to prepare the Offer Documents in accordance with the Securities Laws, and will otherwise use all reasonable commercial efforts to cooperate fully with SS&C in the preparation of the Offer Documents so that they may be sent to Target Shareholders and Target Optionholders promptly.
Target shall provide Acquiror with a final copy of the Target Circular prior to mailing to the Target Shareholders and Target Optionholders.
Target Shareholders and Target Optionholders should refer to the summary of tax consequences in Sections 7 and 8.
In the event that: • the Scheme Resolution is approved by the requisite majorities of Target Shareholders at the Share Scheme Meeting and the Target Optionholders at the Option Scheme Meeting; and • all conditions to the Scheme becoming Effective are satisfied or waived (if they are capable of being waived), the Target will apply to the Court for orders approving the Scheme on the Second Court Date.
The Target Shareholders and Target Optionholders shall be bound by any amendment or waiver signed by the Target or the Shareholders’ Agent.
Target shall provide Acquiror with a final copy of the Target Circular prior to mailing to the Target shareholders and Target Optionholders.
At Closing, in accordance with the terms of the stock option plan and stock option agreements governing the Target Options, the Purchaser will assume the Target Options and the Target Options will become exercisable by the applicable Target Optionholders into an aggregate of 4,647,732 Purchaser Shares at an exercise price of $0.08 per Purchaser Share, as further set out in Schedule B attached hereto, with no action required on the part of the Target Optionholders.