Sentences with phrase «result in a class proceeding»

Not exact matches

The adjustment assumes there will be no additional distribution in the event the gross proceeds from the offering exceed the anticipated gross proceeds (including as a result of the exercise by the underwriters of their option to purchase additional shares of Class A common stock).

The Company's board of directors also approved an additional distribution to its members, to the extent the gross proceeds of the Company's planned initial public offering exceed the anticipated gross proceeds (including as a result of the exercise by the underwriters of their option to purchase additional shares of Class A common stock), in an amount equal to the product of (A) the increased gross proceeds and (B) 0.273, to be paid from the proceeds of the Company's planned initial public offering.

Concurrent with Closing, Alignvest purchased 740,250 Class B units of Alignvest Acquisition («Class B Units») and each of Bonnie Brooks, Vince Hemmer, Adam Jiwan, Nadir Mohamed and Donald Walker purchased 21,150 Class B Units, in each case for a purchase price of $ 10.00 per Class B Unit, resulting in aggregate proceeds of $ 8,460,000 to Alignvest Acquisition.

Although it will be incredibly difficult to ever match his contributions on the pitch, it's vitally important for a former club legend, like Henry, to publicly address his concerns regarding the direction of this club... regardless of those who still feel that Henry has some sort of agenda due to the backlash he received following earlier comments he made on air regarding Arsenal, he has an intimate understanding of the game, he knows the fans are being hosed and he feels some sense of obligation, both professionally and personally, to tell it like he sees it... much like I've continually expressed over the last couple months, this team isn't evolving under this current ownership / management team... instead we are currently experiencing a «stagnant» phase in our club's storied history... a fact that can't be hidden by simply changing the formation or bringing in one or two individuals... this team needs fundamental change in the way it conducts business both on and off the pitch or it will continue to slowly devolve into a second tier club... regardless of the euphoria surrounding our escape act on Friday evening, as it stands, this club is more likely to be fighting for a Europa League spot for the foreseeable future than a top 4 finish... we can't hope for the failures of others to secure our place in the top 4, we need to be the manufacturers of our own success by doing whatever is necessary to evolve as an organization... if Wenger, Gazidis and Kroenke can't take the necessary steps following the debacle they manufactured last season, their removal is imperative for our future success... unfortunately, I strongly believe that either they don't know how to proceed in the present economic climate or they are unwilling to do whatever it takes to turn this ship around... just look at the current state of our squad, none of our world class players are under contract beyond this season, we have a ridiculous wage bill considering the results, we can't sell our deadwood because we've mismanaged our personnel decisions and contractual obligations, we haven't properly cultivated our younger talent and we might have become one of the worst clubs ever when it comes to way we handle our transfer business, which under Dein was one of our greatest assets... it's time to get things right!!!

determining that, as a result of recent Supreme Court decisions, the litigation was now «prohibitively high - risk», but nevertheless requiring the plaintiff to incur the time, expense and exposure in proceeding with a class action that had become no longer viable.

However, non-residents must opt in to participate in the class proceeding, meaning that out - of - province class members are not bound by the result if they do not actively choose to join the case.

Encouraged by the results of the Vioxx litigation in the U.S., which proceeded by way of individual mass tort cases rather than a class action, Will Davidson LLP decided to take a similar approach for their 215 clients with claims arising from allegedly defective pelvic mesh devices.

Ontario Superior Court Justice Robert J. Smith declined to grant the motion approving the discontinuance of the Ontario class proceeding without notice to the class members because of the substantial prejudice that would result to all Ontario class members who would be deprived of having the limitation period remain suspended in Ontario.