Canco Shares definition

Canco Shares means the shares of Canco currently held by the Purchasers;
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Canco Shares means the Initial Canco Shares, the Project Canco Shares, the Distress Canco Shares and the Subsequent Canco Shares, collectively;
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Canco Shares means the Subordinate Voting Shares of Canco.
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Examples of Canco Shares in a sentence

  • For the avoidance of doubt, the Company shall be expressly authorized to issue Units (i) in accordance with the terms of any such Equity Plan, or (ii) in an amount equal to the number of Canco Shares and/or Proportionate Voting Shares issued pursuant to any such Equity Plan, without any further act, approval or vote of any Member or any other Persons.

  • It is acquiring the right to acquire the Investor Shares in exchange for Canco Shares as provided in this Agreement for its own account, for investment purposes, and not with a view towards, or for sale in connection with, any distribution thereof other than to any of the other Purchasers.

  • There are exceptions to general principles, exceptions to an exception, declarations of application, limitations, clarifications, caveats, carve outs, exclusions, grandfathering.26 As a result, the objectives of the provisions appear to be to reach a very high level of bilateral cooperation whilst also preserving regulatory space, using the rigid model of a free trade area rather than a customs union.

  • Notwithstanding the foregoing, in the event that any Purchaser exercises its Exchange Right such that such Purchaser has exchanged all of its Canco Shares, the Company shall be entitled, upon 30 Business Days' written notice, to oblige the other Purchasers to exercise their Exchange Right with respect to all of their remaining Canco Shares.

  • Subject to the terms and conditions hereof, each Purchaser shall have the right to exchange, at any time and from time to time, all or part of its Canco Shares for Investor Shares at the Exchange Rate (the "Exchange Right").

  • It will have upon each Closing Date good and marketable title to the Canco Shares and the absolute right, power and capacity to transfer and deliver the Canco Shares to the Company pursuant to this Agreement, free and clear of all Charges.

  • In the event that Project Canco Shares, Distress Canco Shares or Subsequent Canco Shares are issued on more than one occasion, the Exchange Rate will be determined separately at the time of each issuance and, as a consequence, the Exchange Rate may not be the same for all Project Canco Shares, all Distress Canco Shares or all Subsequent Canco Shares.

  • At each Voluntary Closing, each Purchaser who has given a Notice of Exchange shall surrender the certificate or certificates for the Canco Shares contemplated therein duly endorsed.

  • It is upon the date hereof and shall be upon each Closing Date the lawful owner (both beneficially and of record) of its Canco Shares.

  • At the Forced Closing, the Purchasers shall surrender the certificates representing all of the Canco Shares, duly endorsed.


More Definitions of Canco Shares

Canco Shares means the Subordinate Voting Shares of Canco. “Capital Account” means the capital account maintained for a Member in accordance with Section 5.01. “Capital Contribution” means, with respect to any Member, the amount of any cash, cash equivalents, promissory obligations or the Fair Market Value of other property that such Member contributes (or is deemed to contribute) to the Company pursuant to Article III hereof. “Capital Event” means (i) the sale of all or substantially all of the assets of the Company, or (ii) the sale of all of the Units of the Members. “Code” means the United States Internal Revenue Code of 1986, as amended. “Common Percentage Interest” means the fraction, expressed as a percentage, the numerator of which is the sum of such Member’s Common Units and the denominator of which is the sum of the total number of Common Units issued and outstanding at such time. “Common Unit” means a Unit representing a fractional part of the Company Interests of the Members and having the rights and obligations specified with respect to the Common Units in this Agreement. “Common Unitholder” means a Member who is the registered holder of Common Units. “Company” has the meaning set forth in the preamble to this Agreement. “Company Interest” means the interest of a Member in Profits, Losses and Distributions. “Confidential Information” has the meaning set forth in Section 16.02. “Control Transaction” means any of the following: (i) any Person or group of Persons acting jointly or in concert (within the meaning of National Instrument 62-104 – Take-Over Bids and Special Transactions) (“NI 62-104”) acquires, directly or indirectly, control (as defined in NI 62-104) of Canco; (ii) the shareholders of Canco shall have approved a merger, consolidation, recapitalization or reorganization of Canco, or, if shareholder approval is not sought or obtained, any such transaction shall have been consummated, in either case other than any such transaction which would result in at least 50% of the total voting power represented by the voting securities of the resulting entity outstanding immediately after such transaction being beneficially owned by holders of outstanding voting securities of Canco immediately prior to the transaction, with the voting power of each such continuing holder relative to such other continuing holders being not altered substantially in the transaction; and (iii) the shareholders of Canco shall approve an agreement for the sale or disposition by Ca...
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Related to Canco Shares

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

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

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

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

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

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

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

  • Pubco Shares means fully paid and non-assessable common shares of Pubco to be issued to the Selling Shareholders by Pubco upon Closing on the basis of 10 Priveco Share for 12,380,951 Shares;

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • ASA Shares has the meaning set forth in 2.4(a).

  • 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.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

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

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • 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.

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

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

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

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

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