Buyco Shares definition

Buyco Shares means, at any time, the Common Shares in the authorized capital of Buyco as constituted at such time;
Sample 1Sample 2Sample 3

Examples of Buyco Shares in a sentence

  • Buyco is authorized to issue an unlimited number of Buyco Shares without par value.

  • Notwithstanding any other provision of this Arrangement Agreement, Buyco may terminate this Arrangement Agreement without further obligation in the event that Dissent Rights are duly exercised by Buyco Securityholders holding, in the aggregate, in excess of 1% of the issued and outstanding Buyco Shares on a fully diluted basis.

  • Buyco shall arrange for the cancellation on its books and records of all previously issued certificates for Buyco Shares.

  • Until surrendered as contemplated by this Section 2.4, each certificate which immediately prior to the Effective Time represented one or more outstanding Buyco Shares shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender the certificates representing Subco-RI Shares, as contemplated by this Section 2.4.

  • In the event of a transfer of ownership of Buyco Shares that is not registered in the transfer records of Buyco, one or more certificates representing the proper number of Subco-RI Shares may be issued to the transferee if the certificates representing such Buyco Shares are presented to the Transfer Agent, accompanied by all documents required to evidence and effect such transfer to the transferee.

  • Subco-RI shall, as soon as practicable following the Effective Time, arrange for the delivery to holders of Buyco Shares of one or more certificates representing that number of Subco-RI Shares determined in accordance with Section 2.3 of this Plan of Arrangement.

  • Subco-RI shall, as soon as practicable following the Effective Time, arrange for the delivery to holders of Buyco Shares and Pubco Shareholders of one or more certificates representing that number of Subco-RI Shares determined in accordance with Section 2.3 of this Plan of Arrangement.

  • Until surrendered as contemplated by this Section 2.5, each certificate which immediately prior to the Effective Time represented one or more outstanding Buyco Shares shall be deemed at all times after the Effective Time to represent only the right to receive upon such surrender the certificates representing Subco-RI Shares, as contemplated by this Section 2.5.

  • If any Dissenting Buyco Securityholder is ultimately not entitled to be paid for their Dissenting Securities, Subco-RI shall distribute to such Dissenting Buyco Securityholder their pro-rata portion of the Subco-RI Shares to be issued by Subco-RI in exchange for Buyco Shares under the Arrangement, or the equivalent warrants or options to acquire Subco-RI Shares, as the case may be, in accordance with Section 2.3 of the Plan of Arrangement.

  • All outstanding Buyco Shares will be duly authorized and validly issued and outstanding as fully paid and non-assessable, free of pre-emptive rights at the time of Closing.

Related to Buyco Shares

  • Pubco Shares means the 15,000,000 fully paid and non-assessable common shares of Pubco, to be issued to the Selling Shareholder by Pubco on the Closing Date;

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

  • Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;