Examples of Warrant Merger Consideration in a sentence
Upon the reasonable request of Endo, Auxilium shall cooperate with Endo in good faith with respect to any communications with the holder of the Actient Warrants and shall use commercially reasonable efforts to ensure that the Actient Warrants outstanding immediately prior to the Merger Effective Time shall no longer be exercisable for Auxilium Shares and shall instead be exercisable solely for the Warrant Merger Consideration, including by exercising any applicable elections under the Actient Warrant.
From and after the Effective Time, all such Warrants shall no longer be outstanding and shall be cancelled and shall cease to exist, and each holder of a Warrant shall cease to have any rights with respect thereto, except the right to receive the Per Warrant Merger Consideration to be paid in accordance with Section 3.6.
At the Effective Time, all Warrants will be cancelled and retired and will cease to represent the right to acquire Company Common Stock, and each holder of a Warrant will cease to have any rights with respect thereto, except, with respect to holders of In-the-Money Warrants, the right to receive the Warrant Merger Consideration in accordance with Section 3.02 hereof.
From and after the Effective Time, Parent shall cause the Surviving Corporation to honor the Company Warrants in accordance with the terms thereof and as provided herein by making prompt payment of the Warrant Merger Consideration upon exercise of any Company Warrant.
From and after the Effective Time, the Warrants, as so converted in accordance with this Section 3.6, shall represent solely the right to receive the Warrant Merger Consideration in accordance with Section 3.3 hereof, and shall not be exercisable for the purchase of Company Shares or any Parent Shares.
In consideration for, and effective upon, the receipt by Holder of the Warrant Merger Consideration pursuant to the terms of this Release, Holder does hereby relinquish any and all rights of Holder under the Warrant and any other agreement or plan to acquire (i) DevX Common Stock or (ii) any other equity security of DevX or any affiliate thereof, except as otherwise indicated on Exhibit A.
The receipt by Holder of the Warrant Merger Consideration shall constitute complete and full payment for the relinquishment of all rights of Holder under the Warrant and any other agreement and plan to acquire (i) North Coast Common Stock or (ii) any other equity security of North Coast or any affiliate thereof, except as otherwise indicated on Exhibit A.
Notwithstanding the foregoing, none of Parent, the Surviving Corporation nor the Exchange Agent shall be liable to any holder of a Certificate for any Preferred Stock Merger Consideration, Common Stock Merger Consideration, Company Common Stock Option Merger Consideration, or Warrant Merger Consideration delivered to a public official pursuant to any applicable abandoned property, escheat or similar Law.
In consideration for, and effective upon, the receipt by Holder of the Warrant Merger Consideration pursuant to the terms of this Release, Holder does hereby relinquish any and all rights of Holder under the Warrant and any other agreement or plan to acquire (i) North Coast Common Stock or (ii) any other equity security of North Coast or any affiliate thereof, except as otherwise indicated on Exhibit A.
The Exchange Fund shall not be used for any purpose other than the payment of the aggregate Common Stock Merger Consideration, Preferred Stock Merger Consideration, Option Merger Consideration, and Warrant Merger Consideration in accordance with the terms of this Agreement.