Exeter Shares definition
Examples of Exeter Shares in a sentence
Without limiting the generality of the foregoing, all issued and outstanding Exeter Shares have been issued in material compliance with all applicable Securities Laws.
Trading in the Exeter Shares is not currently halted or suspended on the TSX, the NYSE MKT or the Frankfurt Exchange.
The authorized capital of the Company consists of an unlimited number of Exeter Shares and an unlimited number of preferred shares without par value.
Section 3.1(g) of the Exeter Disclosure Letter sets out a complete and correct list of all outstanding Exeter Options, the number of Exeter Shares subject to such Exeter Options, the grant date, exercise price, vesting schedule and terms, expiration date and other material terms, as applicable, of each such Exeter Option and the names of the holders of such Exeter Options and whether each such holder is a current director of the Company or current officer or employee of the Company.
All Exeter Shares that may be issued pursuant to the exercise of outstanding Exeter Options will, when issued in accordance with the terms thereof, be duly authorized, validly issued, fully-paid and non-assessable and are not and will not be subject to or issued in violation of, any pre-emptive rights.
The Exeter Shares are listed or quoted on the TSX, NYSE MKT and the Frankfurt Exchange and, except for such listing, no securities of the Company are listed or quoted for trading on any other stock or securities exchange or market or registered under any securities Laws.
There is no outstanding contractual obligation of the Company to repurchase, redeem or otherwise acquire any such Exeter Shares.
The Company has no other outstanding agreement, subscription, warrant, option, right or commitment or other right or privilege (whether by law, pre-emptive or contractual), nor has it granted any right or privilege capable of becoming an agreement, subscription, warrant, option, right or commitment, obligating it to issue or sell any Exeter Shares or other securities, including any security or obligation of any kind convertible into or exchangeable or exercisable for any Exeter Shares or other security.
This Agreement may not be amended to increase the fees or expenses payable by Service Class except by a vote of a majority of the Board of Trustees of the Trust; provided, that all other amendments may be approved by mutual consent of the parties without a vote.
If the Purchaser takes up and pays for Exeter Shares under the Offer, the Purchaser will use commercially reasonable efforts to acquire the remainder of the Exeter Shares not deposited under the Offer pursuant to a Compulsory Acquisition or a Subsequent Acquisition Transaction and at the Purchaser’s request, Exeter will assist the Purchaser in completing a Compulsory Acquisition or a Subsequent Acquisition Transaction to acquire the remaining Exeter Shares.