Examples of Warrant Cancellation Payment in a sentence
Subject to Section 2.1.4.5, Section 2.1.4.7, Section 2.1.4.8 and Section 2.1.4.9, each holder of the Certificates, upon surrender thereof to the Disbursing Agent together with such letter of transmittal (duly executed) and any other required documents of transfer, shall be entitled to receive in exchange therefor the Per Common Share Merger Consideration, the Per Preferred Share Merger Consideration, the Option Cash Payment or the Warrant Cancellation Payment, as the case may be.
There are no fees associated with the receipt of the 2013 Warrant Cancellation Payment or the conversion to Replacement 2013 Warrants unless you need to replace missing 2013 Warrant Certificate(s) or request a check or Replacement 2013 Warrant Certificate in a name(s) other than your name.
In furtherance of the foregoing, Purchaser shall cause each Warrant Cancellation Payment to be promptly made in accordance with the procedures for payment of each such Warrant as set forth in Section 1.07 or Section 8.04(b), subject to the surrender or cancellation of any Warrant certificates.
At the Effective Time, each outstanding 2013 Warrant shall become and be converted into the right to receive, upon election of the 0000 Xxxxxxx holder, (i) the 2013 Warrant Cancellation Payment with respect to each NUVO 2013 Warrant Share to which such 0000 Xxxxxxx relates; or (ii) a Replacement 2013 Warrant Certificate with respect to such 0000 Xxxxxxx.
If you would like to receive your 2013 Warrant Cancellation Payment or Replacement 2013 Warrant Certificates at a different address from that imprinted on the front of the 2013 Warrant Election Form and Letter of Transmittal, please complete the box entitled SPECIAL DELIVERY INSTRUCTIONS on the 2013 Warrant Election Form and Letter of Transmittal.
Second, it allows you to surrender your NUVO 2013 Warrant Certificates in order to receive the 2013 Warrant Cancellation Payment or Replacement 2013 Warrants.
Consistent with the terms of the Merger Agreement, the 2013 Warrant Election Form and Letter of Transmittal authorizes the Exchange Agent to take all actions necessary to accomplish the delivery of the 2013 Warrant Cancellation Payment and Replacement 2013 Warrants in exchange for your 2013 Warrants.
The amount equal to (A) the Gross Closing Consideration, less (B) the aggregate amount of Company Transaction Expenses paid pursuant to subsection (c)(i) above, less (C) the Estimated Deficiency Amount, if any, less (D) the Verizon Warrant Cancellation Payment, shall be referred to herein as the “Closing Equityholder Consideration”.
At the Effective Time, each outstanding 2013 Warrant shall become and be converted into the right to receive, upon election of the 2000 Xxxxxxx holder, (i) the 2013 Warrant Cancellation Payment with respect to each NUVO 2013 Warrant Share to which such 2000 Xxxxxxx relates; or (ii) a Replacement 2013 Warrant Certificate with respect to such 2000 Xxxxxxx.
If the Replacement 2013 Warrant Certificate or check for the Warrant Cancellation Payment are to be issued in the same name(s) as the surrendered 2013 Warrant Certificate(s), the 2013 Warrant Election Form and Letter of Transmittal should be completed and signed exactly as the surrendered certificate is registered.