Examples of Unaffiliated Shares in a sentence
On matters submitted to a vote of stockholders, Xxxxxx Brothers and the Senior Executives each agree to vote (or cause to be voted), in the same proportion as the shares of outstanding Common Stock not owned by them ("Unaffiliated Shares") that are voted on any such matter, that percentage of Excess Voting Shares held by them at such time that equals the percentage of outstanding Unaffiliated Shares that are voted on such matter.
The Special Committee has received the opinion of the Financial Advisor to the effect that, as of the date of such opinion and based upon and subject to the qualifications, limitations, assumptions and other matters considered by the Financial Advisor in connection with the preparation of the opinion, the consideration to be received by the holders of the Unaffiliated Shares in the Merger pursuant to this Agreement is fair from a financial point of view to such holders.
The Special Committee has received the opinion of the Financial Advisor to the effect that, as of the date of such opinion and based upon and subject to the matters set forth in the opinion, the consideration to be received by the holders of the Unaffiliated Shares in the Merger pursuant to this Agreement is fair to such holders from a financial point of view.
On matters that are the subject of action by written consent of stockholders in lieu of meeting, Xxxxxx Brothers and the Senior Executives each agree to deliver (or cause to be delivered) written consents with respect to a number of shares of Common Stock equal to the percentage of outstanding Unaffiliated Shares that have delivered written consents in such matter times the number of Excess Voting Shares held by each of them.
In the event of a Takeover Proposal initiated by a third party and recommended by the Company's Board of Directors, each of the Shareholders agree that they and their Affiliates will vote the Excess Shares in the same proportion as the Unaffiliated Shares are voted on such Takeover Proposal.
In the event of a Takeover Proposal initiated by a third party and recommended by the Company's Board of Directors, Shareholder agrees that it and its Affiliates will vote the Excess Shares in the same proportion as the Unaffiliated Shares are voted on such Takeover Proposal.
However, the actual development of the methodology and the associated tools appears to be still rather ten- tative.
Xxxx at the Calculation Time Unaffiliated Shares = The parties agree that the intent of the formula for determining the Released Shares is to, upon a Qualifying Event, release from the obligations of this Agreement, such number of Shares which, when combined with (a) the Released Shares under the Pell Tender Agreement and (b) a majority of the Outstanding Shares Beneficially Owned by Persons other than Stockholder or Xxxxx X.
The Board of Directors of the Company (the “Board of Directors”) has approved a Transaction Agreement and Plan of Merger (the “Integration Agreement”) relating to the “Integration” of the equity of Telesat Canada (the “Integration”), and the approval of the Integration Agreement is conditioned upon the affirmative vote (the “Majority of the Minority Vote”) of the holders of a majority of the Unaffiliated Shares (as hereinafter defined).
The Parties agree that the source of the funds --------------- for the merger consideration to be paid to the holders of Unaffiliated Shares under the merger agreement for the Proposed Merger shall be Firecom's available funds or funds made available through loans to Firecom by third parties in such amount and on such terms as are acceptable in the sole discretion of Xxxxxx.