Examples of UPC Shares in a sentence
The conversion of the UPC Shares into the Initial Preference Shares or the Increasing Rate Preference Shares, as the case may be, and the terms of the Preference Shares or the Increasing Rate Preference Shares, as the case may be, will not require UPC to accrue any amounts or establish any reserves in respect thereof that will not be so accrued or established in accordance with the laws of The Netherlands.
Thereafter, any Purchase Rights not exercised by a Founder or its Permitted Transferees, or by Liberty and its Permitted Transferees within the UPC Shares Election Period, may be allocated among the parties who have submitted Purchase Notices as such parties may agree, and amended Purchase Notices that reflect such agreement shall be provided to UPC.
Promptly following the First Closing Date, UPC shall take all measures reasonably necessary to amend its certificate of incorporation to increase the authorized shares of common voting stock of UPC to an amount sufficient to cover issuance of the UPC Shares to Waldo, and promptly thereafter UPC shall deposit such UPC Shares into Escrow for the benefit of Waldo as provided herein, in the Escrow Agreement, and in the Stock Exchange Agreement.
The UPC Shares amount includes 265,000 shares of Common Stock subject to presently exercisable stock options granted under the 1993 Stock Option and Retention Stock Plan.
If any Founder or Permitted Transferee of a Founder fails to submit a Purchase Notice within the UPC Shares Election Period, the Founders or Permitted Transferees of Founders who have so submitted a timely Purchase Notice may, for a period of ten days following the expiration of the UPC Shares Election Period, allocate among themselves the Purchase Rights as to which any Founder or Permitted Transferee of a Founder did not submit a timely Purchase Notice.
The UPC Shares amount includes 1,312,876 shares of Common Stock subject to presently exercisable stock options granted under the 1993 Stock Option and Retention Stock Plan.
The UPC Shares amount includes 365,000 shares of Common Stock subject to presently exercisable stock options granted under the 1993 Stock Option and Retention Stock Plan and the 2001 Stock Incentive Plan.
If the Depositary does not receive this Letter of Transmittal and Election Form properly completed and duly executed before the Election Deadline from a UPC Shareholder, together with the UPC Share certificate(s) and all other required documentation (as stipulated herein), such UPC Shareholder will be deemed to have elected to receive Trust Units in exchange for their UPC Shares.
This Letter of Transmittal and Election Form is to be completed by UPC Shareholders who hold certificates representing UPC Shares to be submitted with this Letter of Transmittal and Election Form.
Motion Moved by Hassebrook and seconded by Hawks to amend the item with the following statement: “The Chancellor shall oversee a review of space costs and allocations to determine whether opportunities exist to incorporate changes in the project that would reduce its cost without reducing its utility and to incorporate any such changes identified in the design.