Common use of Sale and Voting of Purchased, Redeemed or Otherwise Acquired Shares Clause in Contracts

Sale and Voting of Purchased, Redeemed or Otherwise Acquired Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it:

Appears in 8 contracts

Samples: Business Combination Agreement (Plum Acquisition Corp. III), Amalgamation Agreement, Share Purchase Agreement

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Sale and Voting of Purchased, Redeemed or Otherwise Acquired Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it: (1) is not entitled to vote the share at a meeting of its shareholders; (2) must not pay a dividend in respect of the share; and (3) must not make any other distribution in respect of the share.

Appears in 7 contracts

Samples: Business Combination Agreement, Arrangement Agreement (Bausch Health Companies Inc.), Arrangement Agreement (Bausch & Lomb Corp)

Sale and Voting of Purchased, Redeemed or Otherwise Acquired Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift gift, cancel or otherwise dispose of the share, but, while such share is held by the Company, it:

Appears in 7 contracts

Samples: Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.), Rights Agreement (Brookfield Business Partners L.P.)

Sale and Voting of Purchased, Redeemed or Otherwise Acquired Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such share is held by the Company, it: (a) is not entitled to vote the share at a meeting of its shareholders; (b) must not pay a dividend in respect of the share; and (c) must not make any other distribution in respect of the share.

Appears in 4 contracts

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

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Sale and Voting of Purchased, Redeemed or Otherwise Acquired Shares. If the Company retains a share redeemed, purchased or otherwise acquired by it, the Company may sell, gift or otherwise dispose of the share, but, while such that share is held by the Company, it: (1) is not entitled to vote the share at a meeting of its shareholders; (2) must not pay a dividend in respect of the share; and (3) must not make any other distribution in respect of the share.

Appears in 1 contract

Samples: Business Combination Agreement (Pono Capital Three, Inc.)

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