Examples of Exchangeco Shares in a sentence
Exchangeco Shares, while outstanding, are substantially the economic equivalent of the corresponding shares of our common stock.
Shire will continue to have its primary listing in London with additional listings on NASDAQ and the Exchangeco Shares will trade on Toronto Stock Exchange, subject to various approvals.
As of January 31, 2017, 73,047 Exchangeco Shares had not been exchanged into shares of our common stock.
Part of the consideration paid to Whistler Blackcomb shareholders consisted of 3,327,719 shares of our common stock and 418,095 Exchangeco Shares.
In addition, the Company may require all outstanding Exchangeco Shares to be exchanged into an equal number of shares of our common stock upon the occurrence of certain events and at any time following the seventh anniversary of the closing of the transaction.
The Exchangeco Shares shall be exchangeable for 29,750,000 shares of JKC Common Stock (the "JKC Shares") in accordance with the Voting and Exchange Trust Agreement.
The issuance of the Providence Shares to the Sellers on the exchange of their Exchangeco Shares shall be made in reliance on the exemptions from registration and prospectus filing requirements contained in applicable provisions of Canadian Securities Law (if necessary) and the exemption from the registration requirements of U.S. Securities Law contained in Regulation S promulgated under the Securities Act.
Holders of Exchangeco Shares are entitled to cast votes on matters for which holders of Vail Shares are entitled to vote and will be entitled to receive dividends economically equivalent to the dividends declared by Vail Resorts with respect to the Vail Shares.
The obligations of the Company and Exchangeco hereunder to issue and sell the Exchangeco Shares and JKC Note to Zi at the Closing in consideration for the MagicVision Shares and to consummate the other transactions contemplated by Section 2 are subject to the satisfaction or waiver on or before the Closing Date, of each of the conditions set forth in this Section 8.
The Providence Shares issuable pursuant to the Support Agreement and the Exchange Trust Agreement, when issued in exchange for Exchangeco Shares pursuant to the Support Agreement and the Exchange Trust Agreement, will be validly issued, fully paid and nonassessable, and will be free of restrictions on transfer other than restrictions on transfer under this Agreement and the Ancillary Documents and under applicable securities Laws.