Common use of Exchangeable Shares Clause in Contracts

Exchangeable Shares. the TDSI Exchangeable Shares are validly created, allotted and issued as fully-paid and non-assessable shares, are registered in the name of TDSI Transferor, except for o , are the only issued and outstanding shares of the Transferee and are free and clear of any Encumbrance.

Exchangeable Shares. the TDSI TD Exchangeable Shares are validly created, allotted and issued as fully-paid and non-assessable shares, are registered in the name of TDSI TD Transferor, except for o , are the only issued and outstanding shares of the Transferee and are free and clear of any Encumbrance.

Exchangeable Shares. as of the TDSI date hereof the TD Exchangeable Shares are validly created, allotted and issued as fully-paid and non-assessable shares, are registered in the name of TDSI TD Transferor, except for o one common share, 1,000,000 Class “A”shares and 2,375,000 exchangeable preference shares issued to TD Securities Inc., are the only issued and outstanding shares of the Transferee and are free and clear of any Encumbrance.