Examples of Aphria Shares in a sentence
Notwithstanding anything in this Agreement to the contrary, Dissenting Aphria Shares shall not be exchanged for Black Sparrow Shares on the Qualifying Transaction Date as provided in Section 13 hereof.
Each Dissenting Aphria Shareholder shall cease to have any rights as an Aphria Shareholder other than the right to be paid by Amalco the fair value of the Dissenting Aphria Shares held by the Dissenting Aphria Shareholder in accordance with Section 185 of the Act.
Black Sparrow shall add an amount to the stated capital maintained in respect of the Black Sparrow Shares an amount equal to the Paid-Up Capital of the Aphria Shares, determined immediately prior to the Effective Time less the Paid-Up Capital of any Aphria Shares held by Dissenting Shareholders who do not exchange their Aphria Shares for Black Sparrow Shares on the Amalgamation.
However, withdrawn Aphria Shares may be redeposited at any time at or prior to the Expiry Time by again following one of the procedures described in Section 3 of this Offer to Purchase, “Manner of Acceptance”.
NOTICE TO TENNESSEE AND VIRGINIA APPLICANTS: It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company.
On February 6, 2019, Aphria filed its directors’circular in response to the Offer in which the board of directors of Aphria unanimously recommended that Aphria shareholders reject the Offer and do not tender their Aphria Shares to the Offer.
If the Offer is withdrawn, the Offeror will not be obligated to take up, accept for payment or pay for any Aphria Shares tendered to the Offer.
CDS and DTC will be issuing instructions to their participants as to the method of depositing such Aphria Shares under the terms of the Offer.See Section 3 of the Offer to Purchase, “Manner of Acceptance” for more details on how to deposit Aphria Shares.
The Company expects to fund the Repurchase through, as necessary: (a) the issuance of the GGB Promissory Note; (b) the proceeds from the sale of the Company’s 3,000,000 Aphria Shares following the expiry of the Offer; and (c) the proceeds from the exercise of issued and outstanding warrants of the Company (the Warrant Exercise).
In no event shall any holder of Aphria Shares be entitled to a fractional Tilray Share.