Examples of Top-Up Option in a sentence

Therefore, it is unlikely that the Top-Up Option would even be implicated.
Again, I consider the theoretical harms Plaintiffs claim to fear too speculative and attenuated to support a conclusion that Plaintiffs are likely to succeed on the merits of their challenge to the reasonableness of the Top-Up Option.
Plaintiffs argue that the Top-Up Option will result in the issuance of numerous shares at less than their fair value.
As a result, when the Company’s assets are valued in a subsequent appraisal proceeding following the execution of the Top-Up Option, the resulting valuation will be less than it would have been before the Option’s exercise.
Even if 3M exercised the Top-Up Option to acquire the entire allotment of 139 million shares, this would bring the total number of outstanding shares to 229 million.

More Definitions of Top-Up Option

Top-Up Option has the meaning assigned in Section 2.03(a).

Top-Up Option means, in the event that the Average Closing Price is less than $21.1429, the option of GBB to elect to issue that number of shares of GBB Stock so that the Conversion Ratio will be equal to the quotient obtained by dividing $38.4801 by the Average Closing Price.

Top-Up Option has the meaning set forth in Section 1.4(a)(i).

Top-Up Option shall have the meaning ascribed to such term in the Merger Agreement.”

Top-Up Option has the meaning set forth in Section 2.3(a) of this Agreement.

Top-Up Option means the “Top-Up Option” as such term is defined in the Merger Agreement.