Examples of Voting Agreement Stockholders in a sentence
For purposes of this Agreement, (i) the “Covered Company Common Stock” shall mean the total number of shares of Company Common Stock outstanding as of the record date of the applicable stockholder meeting multiplied by 0.3999 and (ii) such Stockholder’s “Pro Rata Share” shall mean the quotient of the number of Securities held by such Stockholder divided by the number of Securities held by all of the Voting Agreement Stockholders in the aggregate.
At the Closing and prior to the Effective Time, the Guarantors and the Voting Agreement Stockholders shall consummate the Stock Purchase, upon the terms and subject to the conditions set forth in the Stock Purchase Agreement.
Except as otherwise provided in the Voting Agreement, Stockholders may not act by written consent in lieu of a meeting.
We understand that under the Merger Agreement MergerCo will be merged with and into the Company and each share of Company common stock issued and outstanding immediately prior to the effective time of the merger (excluding shares owned by the Voting Agreement Stockholders, as defined in the Merger Agreement and described below, and dissenting shares) shall be converted into the right to receive $10.50 per share in cash (the "Merger Consideration").
We have been requested by the Special Committee of the Board of Directors of the Company to render our opinion with respect to the fairness, from a financial point of view, to the Company's stockholders (other than the Voting Agreement Stockholders) of the Merger Consideration to be received in the Proposed Transaction.
The majority of these services are funded on a one to two year basis whilst some elements are funded on an annual basis.
In addition, we have not been requested to opine as to, and our opinion does not in any manner address, the decision by the Voting Agreement Stockholders to enter into the Roll-Over Agreements and Stock Purchase Agreements or the consideration to be received as a result of such Voting Agreement Stockholders' entering into the Roll-Over Agreements and Stock Purchase Agreements.
Based upon and subject to the foregoing, we are of the opinion as of the date hereof that the Merger Consideration to be received in the Proposed Transaction is fair, from a financial point of view, to the stockholders of the Company (other than the Voting Agreement Stockholders).
Additionally, the Voting Agreement Stockholders agreed to vote their shares of Stifel common stock against any action, transaction or agreement that would result in a breach in any respect of any covenant, representation or warranty or any other obligation or agreement under the Merger Agreement or the Voting Agreement.
Throughout, we emphasise the economic criteria to be consid- ered by ITAC when evaluating Figure 1: Timeline of SAPA’s trade remedy history 1.