Common use of Subversive Stated Capital Clause in Contracts

Subversive Stated Capital. Subversive shall add to its capital account pursuant to the BCBCA in respect of the Subversive Common Shares an amount which is equal to the fair market value of the shares of common stock of the Surviving Company issued by the Surviving Company to Subversive, as contemplated in Section 2.02(j), in respect of the Subversive Common Shares delivered and any cash paid by Subversive to holders of LCV Shares pursuant to the transactions contemplated herein.

Appears in 1 contract

Samples: Transaction Agreement and Plan of Reorganization (TPCO Holding Corp.)

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Subversive Stated Capital. Subversive shall add to its capital account pursuant to the BCBCA in respect of the Subversive Common Shares Shares, an amount which is equal to the fair market value of the shares of common stock of the Surviving Company issued by the Surviving Company to Subversive, as contemplated in Section 2.02(j2.03(h), Section 2.03(j), Section 2.04(b) and Section 2.04(c), in respect of the Subversive Common Shares delivered and any cash paid by Subversive to holders of LCV Shares pursuant to the transactions contemplated hereinunder Section 2.03(h), Section 2.03(j), Section 2.04(b) and Section 2.04(c).

Appears in 1 contract

Samples: Transaction Agreement and Plan of Reorganization (TPCO Holding Corp.)

Subversive Stated Capital. Subversive shall add to its capital account pursuant to the BCBCA in respect of the Subversive Common Shares an amount which is equal to the fair market value of the shares of common stock of the Surviving Company issued by the Surviving Company to Subversive, as contemplated in Section 2.02(j2.02(h), in respect of the Subversive Common Shares delivered and any cash paid by Subversive to holders of LCV Shares each Xxxxxx Series A Share, Xxxxxx Series B Share, Xxxxxx Common Share and Xxxxxx Option pursuant to the transactions contemplated hereinXxxxxx Transaction.

Appears in 1 contract

Samples: Transaction Agreement (TPCO Holding Corp.)

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Subversive Stated Capital. Subversive shall add to its capital account pursuant to the BCBCA in respect of the Subversive Common Shares an amount which is equal to the fair market value of the Closing Merger Consideration and Trading Price Consideration paid from time to time by Subversive to the Surviving Company as consideration for the issue to Subversive at such time(s) of shares of common stock of the Surviving Company issued by the Surviving Company to SubversiveCompany, as contemplated in Section 2.02(j2.02(a), in respect of the Subversive Common Shares delivered and any cash paid by Subversive to holders of LCV Shares pursuant to the transactions contemplated herein.

Appears in 1 contract

Samples: Transaction Agreement (TPCO Holding Corp.)

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