EFI Common Shares definition

EFI Common Shares means common shares in the capital of EFI as constituted on the date hereof (and, for greater certainty, before giving effect to the EFI Share Consolidation);

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EFI Common Shares means the issued and outstanding common shares of EFI as constituted on the Effective Date;

EFI Common Shares means common shares in the capital of EFI, as constituted on the date hereof;

Examples of EFI Common Shares in a sentence

The EFI Common Shares to be issued to holders of ▇▇▇▇▇▇▇ Common Shares in connection with the Arrangement shall have been conditionally approved for listing on the TSX, subject to official notice of issuance and other normal conditions.
In the event that the repayment of the EFI Note would otherwise result in the issuance to a ▇▇▇▇▇▇▇ Shareholder of a number of EFI Common Shares which is not a whole number, the number of EFI Common Shares to be issued to such ▇▇▇▇▇▇▇ Shareholder shall be rounded down to the nearest whole number.
The Parties intend that upon the issuance of EFI Common Shares to the Former Titan Shareholders pursuant to Section 3.1(d) hereof, Titan Shareholders will receive 0.68 of an EFI Common Share for each whole Titan Common Share owned immediately prior to the Effective Date.
As at the date hereof, there are: (i) 214,336,818 EFI Common Shares issued and outstanding; (ii) 12,857,800 EFI Common Shares reserved for issuance upon exercise of currently outstanding options; (iii) no EFI Preferred Shares are issued or outstanding; and (iv) 28,036,881 EFI Common Shares reserved for issuance upon the exercise of currently outstanding warrants.
No dividend or other distribution declared or made after the Effective Time with respect to EFI Common Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Titan Common Shares unless and until the holder of such certificate shall have complied with the provisions of Section 5.1 or Section 5.2 hereof.
The EFI Common Shares to be issued: (i) to holders of Titan Common Shares in connection with the Arrangement and (ii) upon the exercise of any Titan Warrants in connection with the Arrangement shall have been conditionally approved for listing on the TSX, subject to official notice of issuance and other normal conditions.
EFI is authorized to issue an unlimited number of EFI Common Shares, as well as an unlimited number of preferred shares issuable in series, and an unlimited number series A preferred shares (the preferred shares collectively, the “EFI Preferred Shares”).
No fractional EFI Common Shares shall be issued to Former Titan Shareholders.
The number of EFI Common Shares to be issued to Former Titan Shareholders shall be rounded down to the nearest whole EFI Common Share in the event that a Former Titan Shareholder is entitled to a fractional share.
All outstanding EFI Common Shares have been authorized and are validly issued and outstanding as fully paid and non-assessable shares.

More Definitions of EFI Common Shares

EFI Common Shares means, prior to the Share Consolidation becoming effective, the Existing EFI Shares, and after the Share Consolidation becomes effective, the Consolidated EFI Shares;

EFI Common Shares means Current EFI Common Shares or, if the Consolidation has become effective prior to the Effective Time, Post-Consolidation EFI Common Shares;

EFI Common Shares means the issued and outstanding common shares in the capital of EFI;

EFI Common Shares means the issued and outstanding common shares in the capital of EFI as constituted on the date hereof (and, without limiting the generality of the foregoing, before giving effect to the EFI Share Consolidation);

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