Examples of Amalco Share in a sentence
At the Effective Time, in consideration of Wesana issuing Wesana Shares to the holders of PsyTech Shares as provided for in Subsection 4(a)(ii), Wesana shall receive and Amalco shall issue to Wesana one fully paid and non-assessable Amalco Share for each Wesana Share issued to the holders of PsyTech Shares.
Each Amalco Share will be issued at a deemed price of $1.50 per share.
Pursuant to the terms of the Arrangement Agreement, the Common Shares will be immediately exchanged for Amalco Shares following the satisfaction of the Release Conditions on the basis of 0.6667 of an Amalco Share for each Common Share held.
On the Effective Date, in consideration of Carpincho issuing the New Carpincho Shares to the holders of Xxxxx Shares as provided for in Subsection 5(b), Amalco shall allot and issue to Carpincho one fully paid and non-assessable Amalco Share for each Xxxxx Share outstanding immediately before the Effective Date.
No fractional shares will be issued upon the Amalgamation and in the event that a Moshi Shareholder or a Moshing Shareholder would, but for this paragraph, have been entitled on the Amalgamation to receive a fraction of an Amalco Share in exchange for Moshi Shares or Moshing Shares, registered in such holder’s name, the number of Amalco Shares issuable to such holder will be rounded up to the nearest whole number.
However, if a Dissenting Tevera Shareholder withdraws or is deemed to have withdrawn the exercise of its Dissent Rights or otherwise failed to comply with the requirements of the BCBCA or if such Dissenting Tevera Shareholder’s rights as a Tevera Shareholder are otherwise reinstated, each Dissenting Tevera Share held by that Dissenting Tevera Shareholder will thereupon be deemed to have been exchanged for one (1) Amalco Share at the Effective Time in accordance with Section 15(c).
However, if a Dissenting Lancaster Shareholder withdraws or is deemed to have withdrawn the exercise of its Dissent Rights or otherwise failed to comply with the requirements of the BCBCA or if such Dissenting Lancaster Shareholder’s rights as a Lancaster Shareholder are otherwise reinstated, each Dissenting Lancaster Share held by that Dissenting Lancaster Shareholder will thereupon be deemed to have been exchanged for one (1) Amalco Share at the Effective Time in accordance with Section 15(b).
The number of Amalco Shares to be issued to former River Wild Shareholders or Ravencrest Shareholders, as the case may be, will be rounded down to the nearest whole Amalco Share.