BIPC Shares definition

BIPC Shares means the class A exchangeable subordinated voting share in the capital of BIPC;
BIPC Shares means the class A exchangeable subordinate voting shares of BIPC; "Broadridge" means Broadridge Financial Solutions, Inc.;
BIPC Shares means class A exchangeable subordinate voting shares of BIPC; “BIP Units” means non-voting limited partnership units of BIP;

Examples of BIPC Shares in a sentence

  • All such BIPC Shares will be duly authorized and validly issued as fully paid, non-assessable, free of pre-emptive rights and will be free and clear of any lien, claim or encumbrance.

  • Assumes that IPL shareholders select the higher value BIPC Shares resulting in 68% cash and 32% share proration and based on the closing price of the BIPC Shares on the TSX on August 16, 2021 AdvisorsBrookfield Infrastructure has engaged BMO Capital Markets and Barclays Capital Canada Inc.

  • BIPC will in good faith expeditiously take all such actions and do all such things as are reasonably necessary or desirable to cause all BIPC Shares to be delivered hereunder to be listed, quoted and posted for trading on all stock exchanges and quotation systems on which outstanding BIPC Shares have been listed by BIPC and remain listed and are quoted or posted for trading at such time.

  • Estimate based on an exchange ratio of 0.225 multiplied by the closing price of the BIPC Shares of $85.35 per share on May 31, 2021 or $90.88 per share on June 25, 2021.

  • Borrowings, non-controlling interests attributable to BIPC Shares, and partnership capital attributable to holders of LP, RPU, GP and Brookfield Infrastructure Partners Exchange LP Units and BIPC Shares were adjusted to reflect the post transaction allocation of the purchase price consideration and share consideration.

  • If any cheque(s) and/or certificates for BIPC Shares, as applicable, is (are) to be sent to or, in respect of partial deposits of Common Shares, Certificates representing Common Shares are to be returned to, someone at an address other than the address of the Shareholder as it appears in Block A on this Letter of Transmittal, entitled “Payment Instructions”, then Block B on this Letter of Transmittal, entitled “Delivery Instructions”, should also be completed.

  • If Block D is not completed, any cheques and/or certificates for BIPC Shares and/or certificates for Exchangeable LP Units will be mailed to the depositing Shareholder at the address of such Shareholder as it appears in Block C or, if no address is provided in Block C, then it will be mailed to the address of such Shareholder as it appears on the securities register maintained by or on behalf of IPL.

  • The Company's shareholders will have the option to elect to receive their consideration in cash, BIPC Shares or the mixture described above, subject to pro rata cut backs to the extent cash or BIPC Shares are oversubscribed.The Merger, which is currently expected to close in the third quarter of 2023, is subject to the receipt of required regulatory approvals and other customary closing conditions, including approval by the Company's shareholders.

  • The Company's shareholders will receive 0.3895 BIPC Shares per common share if the BIPC Final Stock Price is below $42.36, and 0.3352 BIPC Shares per common share if the BIPC Final Stock Price is above $49.23.

  • The total number of BIPC Shares available under the Offer is limited to 19,040,258 (based on the number of Common Shares outstanding as disclosed on the Toronto Stock Exchange (“TSX”) website ), subject to minor adjustments to account for rounding.


More Definitions of BIPC Shares

BIPC Shares has the meaning ascribed thereto in the third paragraph of this Agreement;

Related to BIPC Shares

  • Newco Shares means the common shares in the capital of Newco;

  • Company Shares has the meaning set forth in the Recitals.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Acquired Shares has the meaning set forth in the Recitals.

  • Subco Shares means the common shares in the capital of Subco;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Amalco Shares means common shares in the capital of Amalco;

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Common Shares means the common shares in the capital of the Company;

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Sold Shares shall have the meaning specified in Section 6.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Co-op Shares Shares issued by private non-profit housing corporations.