Examples of Unaffiliated Shares in a sentence
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.
See also the sections titled “The ACB Special Meeting of Stockholders - Unaffiliated Shares; Stock Ownership of Controlling Stockholders” and “The Merger Agreement - Voting Agreements” beginning on pages 39 and 67, respectively.Director Nominees; Common DirectorsFollowing completion of the transactions contemplated by the Merger Agreement, the FFED board of directors will include six individuals who currently serve on the board of directors of FFED.
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.
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.
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.
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).
See also the sections titled “The ACB Special Meeting of Stockholders - Unaffiliated Shares; Stock Ownership of Controlling Stockholders” and “The Merger Agreement - Voting Agreements” beginning on pages 39 and 67, respectively.
Any of the conditions to the Offer, other than the Majority of Unaffiliated Shares Condition and the Antitrust Condition, may be waived by Purchaser.
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.