Consideration Shares definition

Consideration Shares has the meaning ascribed thereto in Section 2.2.
Consideration Shares means the Purchaser Shares to be issued pursuant to the Arrangement;
Consideration Shares has the meaning ascribed to it in Clause 3.2;

Examples of Consideration Shares in a sentence

  • At the Effective Time, each issued and outstanding Company Class A Interest (other than those described in Section 2.9(c)) will automatically be cancelled and cease to exist in exchange for the right to receive the Class A Merger Consideration Shares, with each Seller being entitled to receive its Class A Pro Rata Share of the Class A Merger Consideration Shares, without interest, upon delivery of the Class A Transmittal Documents in accordance with Section 2.11(d).

  • All shares of Pubco Stock to be issued and delivered to the Sellers as Merger Consideration Shares and to the SPAC Shareholders in exchange for their SPAC Class A Ordinary Shares in accordance with this Agreement shall be, upon issuance and delivery of such shares of Pubco Stock, duly authorized and validly issued and fully paid and non-assessable, free and clear of all Liens.

  • As consideration for the Company Merger, the Sellers collectively shall be entitled to receive from Pubco, in the aggregate, a number of shares of Pubco Class B Stock equal to: (i) the product of (A) 31,500, multiplied by (B) the Signing Bitcoin Price, divided by (ii) $10.00 (such aggregate number of shares, the “Class B Merger Consideration Shares” and, together with the Class A Merger Consideration Shares, the “Merger Consideration Shares”).

  • Each Seller shall receive its pro rata share of the Class B Merger Consideration Shares, based on the number of Company Class B Interests owned by such Seller at Closing, divided by the total number of shares of Company Class B Interests owned by all Sellers (such percentage being each such Seller’s “Class B Pro Rata Share”).

  • Until so surrendered, each Company Certificate shall represent after the Effective Time for all purposes only the right to receive such portion of the Class A Merger Consideration Shares attributable to such Company Certificate.


More Definitions of Consideration Shares

Consideration Shares shall have the meaning set forth in Section 2.7(c).
Consideration Shares has the meaning set forth in Section 3(a).
Consideration Shares is defined in section 2.3(b);
Consideration Shares shall have the meaning ascribed to it in Recital (B);
Consideration Shares means (i) Purchaser Shares to be received by holders of Company Shares (other than the Purchaser, any affiliate of the Purchaser and any Dissenting Company Shareholder) pursuant to the Plan of Arrangement, or (ii) following a Purchaser Change of Control, such other securities comprising the Alternate Consideration that holders of Company Shares are entitled to receive in accordance with the provisions of Section 2.14.
Consideration Shares means Purchaser Shares to be received by Shareholders (other than the Purchaser) pursuant to Section 3.2(n)(iii), Section 3.2(n)(iv) or Section 3.2(n)(vi)(F).
Consideration Shares has the meaning ascribed to such term in Section 5.1;