Examples of Target Shareholders in a sentence
Acquiror or Target, as applicable, may sell or otherwise dispose of any portion of the Consideration otherwise payable to Target Shareholders as is necessary to provide sufficient funds to enable Acquiror or Target, as applicable, to comply with such deduction and/or withholding requirements.
Acquiror and Target shall be entitled to deduct and withhold from any consideration payable or otherwise deliverable to any Person hereunder and from all dividends or other distributions otherwise payable to any Target Shareholders such amounts as Acquiror or Target may be required to deduct and withhold therefrom under any provision of Applicable Laws in respect of Taxes.
Upon the terms and subject to the conditions set forth in this Agreement, on the Closing Date, the Acquiror shall cause to be issued the Consideration due under the Merger for distribution by Merger Sub to the Target Shareholders in accordance with the WBCA.
Rights of dissent afforded to the Target Shareholders pursuant to the WBCA shall have been exercised in respect of not more than 1% of the issued and outstanding Target Shares.
At the Effective Time and in accordance with the terms of the Amalgamation, the Issuer Consideration Shares will be issued pro rata to the Target Shareholders, and certificates or DRS advice for the Issuer Consideration Shares will be delivered as directed by Target in writing.