Common use of Right to Convert Multiple Voting Shares Clause in Contracts

Right to Convert Multiple Voting Shares. Each Multiple Voting Share shall be convertible at the option of the holder into such number of Subordinate Voting Shares as is determined by multiplying the number of Multiple Voting Shares in respect of which the Share Conversion Right is exercised by one. Fractions of Multiple Voting Shares may be converted into such number of Subordinated Voting Shares as is determined by multiplying the fraction by one.

Appears in 7 contracts

Samples: Arrangement Agreement (Canopy Growth Corp), Arrangement Agreement (Acreage Holdings, Inc.), Arrangement Agreement (Canopy Growth Corp)

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Right to Convert Multiple Voting Shares. Each Multiple Voting Share shall be convertible at the option of the holder into such number of Subordinate Voting Shares as is determined by multiplying the number of Multiple Voting Shares in respect of which the Share Conversion Right is exercised by oneone hundred (100). Fractions of Multiple Voting Shares may be converted into such number of Subordinated Subordinate Voting Shares as is determined by multiplying the fraction by oneone hundred (100).

Appears in 2 contracts

Samples: Business Combination Agreement (Alpine Summit Energy Partners, Inc.), Business Combination Agreement (Alpine Summit Energy Partners, Inc.)

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Right to Convert Multiple Voting Shares. Each Multiple Voting Share shall be convertible at the option of the holder into such number of Subordinate Voting Shares as is determined by multiplying the number of Multiple Voting Shares in respect of which the Share Conversion Right is exercised by oneone (1). Fractions of Multiple Voting Shares may be converted into such number of Subordinated Voting Shares as is determined by multiplying the fraction by oneone (1).

Appears in 1 contract

Samples: Business Combination Agreement (Acreage Holdings, Inc.)

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