Agnico Shares definition

Agnico Shares means the common shares in the capital of Agnico as constituted from time to time.

Agnico Shares means the common shares in the authorized share capital of Agnico;

Agnico Shares has the meaning given to that term in the sixth paragraph herein;

Examples of Agnico Shares in a sentence

• Subject to Law and Sections 5.3 and 5.5, at the time of such compliance, there shall, in addition to the delivery of the Consideration to which such holder is entitled pursuant to the Plan of Arrangement, be delivered to such holder, without interest, a cheque for the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such Agnico Shares.

• In the event that the Agnico Shares are not then listed and posted for trading on the TSX, the Market Price shall be the fair market value of such Agnico Shares as determined by the Agnico Board in its sole discretion.

• The number of Agnico Shares to be issued to Xxxxxxxx Shareholders shall be rounded down to the nearest whole Agnico Share in the event that any Xxxxxxxx Shareholder is otherwise entitled to a fractional share representing less than a whole Agnico Share.

• No dividend or other distribution declared or made after the Effective Time with respect to Agnico Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Xxxxxxxx Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.1 or Section 5.2, as applicable.

• The Consideration Shares to be issued to the Kirkland Shareholders (or, if applicable, to a nominee on behalf of Australian Shareholders) will, when issued pursuant to the Arrangement, be duly authorized, validly issued, fully paid and non-assessable Agnico Shares.

• The number of Agnico Shares to be issued to Kxxxxxxx Shareholders shall be rounded down to the nearest whole Agnico Share in the event that any Kxxxxxxx Shareholder is otherwise entitled to a fractional share representing less than a whole Agnico Share.

• No dividend or other distribution declared or made after the Effective Time with respect to Agnico Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Kxxxxxxx Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.1 or Section 5.2, as applicable.

• The Agnico Shares underlying the Agnico Replacement Options will, upon issuance of the Agnico Replacement Options pursuant to the Arrangement, be duly authorized and reserved for issuance and, upon issuance thereof in accordance with the terms of the Agnico Option Plan and receipt by the Agnico of the exercise price therefor, will be duly authorized, validly issued, fully paid and non-assessable Agnico Shares.

• The Agnico Shares are listed on the TSX and NYSE and trading of the Agnico Shares is not currently halted or suspended.

• Agnico has sufficient funds available to pay the Termination Amount and to fund the cash payable in respect of any fractional Agnico Shares otherwise issuable to holders of Kirkland Shares pursuant to the Arrangement.

More Definitions of Agnico Shares

Agnico Shares means common shares in the capital of Agnico.

Agnico Shares means the common shares in the authorized share capital of Agnico.

Agnico Shares means the common shares of Agnico to be issued in connection with the Arrangement, having the rights, privileges, conditions and restrictions set forth in the Plan of Arrangement;