Examples of Existing Company Securities in a sentence
Children or vulnerable adults may be abused in a family or in an institutional or community setting by those known to them or, more rarely, by others.
The Purchaser Earnout RSUs and the Purchaser Incentive RSUs shall be awarded and delivered to the Company on the Closing Date in connection with Closing, and each will be distributed to the Plus Products Management pro rata based on the number of Existing Company Securities owned by each of the members of the Plus Products Management, subject to the terms of such Purchaser Earnout RSUs and Purchaser Incentive RSUs as set forth under the Acquisition Agreement.
As soon as practicable following the distributions made to the Noteholder Claimants, the Purchaser Common Shares shall be distributed by the Debenture Trustee to the Existing Company Securities-holders, such that each will receive their pro rata share based on the number of Existing Company Securities held by such Persons as at the Effective Date.
On the Closing Date, following the distributions made to the Noteholder Claimants, the Purchaser and the Debenture Trustee shall cause the Purchaser Common Shares and the Incentive Shares to be distributed to the Existing Company Securities-holders and the Exempt Grantees, respectively, such that each will receive their pro rata share based on the number of Existing Company Securities held by such Persons as at the Effective Date.
For clarity, in accordance with the steps set out in article 6.2 hereof, all Secured Debentures and Existing Company Securities shall be cancelled (on the Effective Date and Closing Date, respectively) and, except as expressly provided in this Plan, shall be deemed to be cancelled without compensation.
Pursuant to the Acquisition Agreement, the Purchaser is to acquire all issued and outstanding shares of stock in the capital of PPH (and more particularly, the Acquired Securities), in consideration for which the Purchaser will pay and deliver the Consideration to the Company for distribution to, among others, the Noteholder Claimants, the Existing Company Securities- holders, the Plus Products Management, and the Plus Products Employees, as set out herein.