Examples of GGB Shares in a sentence
Following the close of the Business Combination on November 9, 2018, all the issued and outstanding GGB Shares were acquired by the Company, and as consideration, the Company issued to the GGB shareholders, on a 3.43522878- for-one basis, 598,613,452 common shares in exchange for the then issued and outstanding GGB shares, which included shares issued in connection with the conversion of the GGB convertible debentures.
Following the close of the Business Combination, all issued and outstanding GGB Shares, including shares issued in connection with the conversion of the GGB convertible debentures, were acquired by the Company, and as consideration, the Company issued to GGB shareholders, on a 3.43522878-for-one basis, 598,613,452 common shares.
Where the aggregate number of GGB Shares to be issued to an Aphria Shareholder as consideration under the Offer would result in a fraction of GGB Shares being issuable, the number of GGB Shares to be received by such Aphria Shareholder shall be either rounded up (if the fractional interest is equal to or exceeds 0.5) or down (if the fractional interest is less than 0.5) to the nearest whole number of GGB Shares without any additional payment in lieu thereof.
If any DRS Statement in respect of GGB Shares is to be held for pick-up at the offices of the Depositary and Information Agent, complete Box C.
In furtherance of the foregoing, for greater certainty, each of the Pro Rata Members hereby covenants and agrees that it shall not sell, transfer or exercise a Redemption Right (as defined in the Limited Partnership Agreement) for GGB Shares, or pledge, hypothecate, secure or otherwise grant any rights in respect of, the Indemnity Units.
There shall be no action, suit, claim, order, or Legal Proceeding pending or threatened in writing, or injunction granted against Purchaser or GGB, their respective properties or any of their respective officers, directors, managers or subsidiaries restraining or prohibiting the purchase of the Purchased Interest, the issuance of the GGB Shares or the other transactions contemplated by the terms of this Agreement.
GGB shall use its commercially reasonable efforts to cause the GGB Shares to be issuable upon conversion of the LP Units to be freely transferable upon conversion of the LP Units.
Unless otherwise directed in the Letter of Transmittal, the GGB Shares will be issued in the name of the registered holder of the deposited Aphria Shares.
All of the outstanding GGB Shares are duly authorized, validly issued, fully paid, and non- assessable.
Xanthic shall add an amount to the stated capital maintained in respect of the Xanthic Shares an amount equal to the Paid-Up Capital of the GGB Shares, determined immediately prior to the Effective Time.