Common Share Rights definition
Examples of Common Share Rights in a sentence
In case the Company shall sell and issue Common Share Rights together with one or more other securities as part of a unit at a price per unit, then in determining the "price per Common Share" and the "consideration received by the Company" for purposes of this Section, the Board of Trust Managers shall determine, in good faith, the fair value of the Common Share Rights then being sold as part of such unit.
In the case the Company shall sell and issue Shares or Common Share Rights for a consideration consisting, in whole or in part, of property other than cash or its equivalent, then in determining the "price per Common Share" and the "consideration received by the Company" for purposes of this Section, the value of such property shall be determined in good faith by the Board of Trust Managers.
The foregoing does not include the Common Share Purchase Rights outstanding under the Company's Common Share Rights Plan.
Schedule A – Plan of Arrangement Schedule B – Project Property Mineral Rights and Concessions Schedule C – British Columbia Mineral Tenures Schedule D – Royalties Schedule E – Parentco Common Share Rights Schedule F – Corporate Structure Schedule G – Arrangement Consents All Schedules attached to this Agreement form part hereof.
For the purposes of any adjustment under this Section, the Common Shares which are held by the holder of any Common Share Rights shall be deemed to be issued and outstanding as of the date of such sale and issuance and the consideration received by the Company therefor shall be deemed to be the consideration or premiums stated in such Common Share Rights to be paid for the Common Shares covered thereby.