Aggregate Per Share Consideration definition
Examples of Aggregate Per Share Consideration in a sentence
Any Dissenting Share shall not be converted into or represent a right to receive the Aggregate Per Share Consideration pursuant to this Section 2.7(a), but instead shall be converted into the right to receive only such consideration as may be determined to be due with respect to such Dissenting Shares under Section 262 of the DGCL.
Other than rights to any declared but unpaid dividend that is either expressly disclosed on the Company's disclosure schedules delivered herewith or otherwise approved in writing by Parent, until surrendered as contemplated by this Section 3.2, each Certificate shall be deemed at any time after the Effective Time to represent only the right to receive the Aggregate Per Share Consideration as contemplated by this ARTICLE III, without interest.
Except for the right to receive their respective Aggregate Per Share Consideration, from and after the Effective Time, the holders of Certificates that evidenced ownership of Shares outstanding immediately prior to the Effective Time shall cease to have any rights with respect to such Shares, except as otherwise provided for herein or by applicable Law.
Until surrendered as contemplated by this Section 2.1(c), each Certificate (other than Certificates representing shares cancelled pursuant to Section 2.1(c)) will be deemed at any time after the Effective Time to represent only the right to receive upon surrender the Aggregate Per Share Consideration that the holder thereof has the right to receive in respect of such Certificate pursuant to the provisions of this Agreement.
The Company's Board of Directors has at least one day prior to the date of this Agreement duly adopted resolutions (i) approving and declaring advisable this Agreement and the Transactions and (ii) recommending that each of the Regular Shareholders of the Company accept the Aggregate Per Share Consideration and adopt this Agreement.
From and after the First Effective Time, all such shares of Common Stock shall no longer be outstanding and shall automatically be canceled and retired and shall cease to exist, and each holder of Common Stock (a “Stockholder”) shall cease to have any rights with respect thereto, except the right to receive the Aggregate Per Share Consideration.
In the event that a holder properly perfects such holder’s appraisal, dissenters’ or similar rights by demanding and not effectively withdrawing or losing such holder’s appraisal, dissenters’ or similar rights for any shares of Company Capital Stock, the Exchange Agent shall deliver to Parent such holder’s portions of the Aggregate Per Share Consideration allocable to such Dissenting Shares at the time such rights are perfected and such portions are determined and are received by the Exchange Agent.
After the Effective Time, each Certificate shall represent only the right to receive the applicable portion of the Aggregate Per Share Consideration as contemplated by this ARTICLE II.
Notwithstanding anything in this Agreement to the contrary, Shares held by holders who continue to have rights to appraisal under the TBCA (the "Dissenting Shareholders") shall not be converted into or be exchangeable for the right to receive the Aggregate Per Share Consideration (the "Dissenting Shares"), unless and until the holder or holders thereof shall have failed to perfect or shall have effectively withdrawn or lost their rights to appraisal under the TBCA.
In the Merger, each share of CareFirst Common Stock will be converted into the Aggregate Per Share Consideration (as defined in the Merger Agreement).