Glamis Shares definition

Glamis Shares means common shares of Glamis.
Sample 1Sample 2
Glamis Shares referred to in subparagraph (b) is amended to read "1.6 Glamis Shares"; Paragraph 4 of the Letter Agreement is hereby deleted, thereby removing the cash cap pertaining to the Cash/Share Exchange Rate, and is replaced by the following: "As part of the Arrangement, BlackRock Ventures Inc. ("BlackRock") will receive, subject to receipt of all necessary regulatory and shareholder approvals (collectively, the "BlackRock Share Exchange Approvals"), in lieu of a portion of the number of Glamis Shares that it would otherwise be entitled to receive under the Arrangement, all of the common shares of Magix Xxxrgy Inc. ("Magix Xxxres") owned by Rayrock on the effective date of the Arrangement on the basis of 0.94 of a Glamis Share for each Magix Xxxre; provided, however, that if the BlackRock Share Exchange Approvals are not received on or prior to the effective date of the Arrangement, BlackRock shall accept, in consideration for its Rayrock shares, cash and Glamis Shares on the basis of the Cash/Share Exchange Rate." The value to be placed on a whole Glamis Share for the purposes of paragraph 5 of the Letter Agreement is to be Cdn$3.75; In paragraph 6 of the Letter Agreement, subparagraph (f) is amended to delete "All Share Exchange Rate" and replace that phrase with "Cash/Share Exchange Rate" wherever it appears;
Sample 1
Glamis Shares means the common shares in the capital of Glamis;
Sample 1

Examples of Glamis Shares in a sentence

  • The directors and senior officers of Goldcorp have no knowledge of Fidelity’s intentions with respect to the Glamis Offer and they are not aware of Fidelity’s trading of Goldcorp Shares, ownership of Glamis Shares or of Fidelity’s relationship (if any) with Glamis, except for any such information included in Fidelity’s public filings with securities regulatory authorities in Canada on SEDAR and with the SEC in the United States on EDGAR.

  • Under U.S. federal income tax law, a shareholder whose Deposited Shares are accepted for payment pursuant to the Offer may be subject to backup withholding on the value of the Glamis Shares received by that shareholder at a rate of 28%.

  • If the foregoing calculation results in the Glamis Stock Option being exercisable for a fraction of a Glamis Share, the number of Glamis Shares subject to such Glamis Stock Option shall be rounded down to the next whole number of Glamis Shares and the total exercise price for the option shall be reduced by the exercise price of the fractional Glamis Share.

  • The joint tax election can only be made by beneficial owners of Glamis Shares who are Eligible Holders.

  • Glamis shall reserve a sufficient number of Glamis Shares for issue upon exercise of the Glamis Stock Options provided, however, that the right to exercise such options shall be subject to applicable regulatory and shareholder approvals.

  • If the box entitled “Delivery Instructions” is not completed, any new share certificate(s) and cheque issued in exchange for Glamis Shares will be mailed to the depositing Glamis Shareholder at the address of the Glamis Shareholder as it appears in this Letter of Transmittal.

  • Not more than 2,535,000 Glamis Shares are issuable upon the exercise of all outstanding agreements, options, warrants and other rights to acquire shares in the capital of Glamis at prices ranging from $0.50 to $12.65 per share.

  • If a Rayrock Shareholder has not returned a Consideration Election Form to Rayrock prior to the Election Deadline, such Rayrock Shareholder shall be deemed to have elected to receive 2.4 Glamis Shares for each Rayrock Share held.

  • Due to the change of control of Glamis, 15,000 restricted Glamis Shares that were issued to Glamis executives under the Glamis Equity Incentive Plan will, at the Effective Time, be deemed to be vested and will be delivered to the executives.

  • AND TAKE NOTICE that Glamis Shareholders who validly dissent from the Arrangement will be entitled to be paid the fair value of their Glamis Shares, subject to strict compliance with Sections 237 to 247 of the BCBCA, as modified by the provisions of the Interim Order, the Final Order and the Plan of Arrangement.


More Definitions of Glamis Shares

Glamis Shares means the Common Shares issued to Glamis that were conveyed by Glamis, in escrow, to Raleigh and, upon default by Raleigh of the first payment due under the Promissory Note, were returned to Glamis, all pursuant to the SPA, and all as described in the Recitals.
Sample 1
Glamis Shares means the common shares without par value in the capital of Glamis; "GLAMIS STOCK OPTIONS" means options to acquire Glamis Shares which are to be granted by Glamis in exchange for Rayrock Stock Options, in accordance with this Plan of Arrangement; "ITA" means the Income Tax Act (Canada), R.S.C. 1985, c.1(5th supplement) as amended and in force on the date of this Plan of Arrangement, including the regulations promulgated thereunder; "MAGIX XXXRES" means the 3,285,800 common shares in the capital of Magix Energy Inc. owned by Rayrock; "MEETING" means the special meeting of Rayrock Shareholders called for the purpose of considering, among other things, the Arrangement Resolution and the BlackRock/Glamis Share Exchange Resolution, including any adjournment or adjournments thereof; "NYSE" means the New York Stock Exchange; "OBCA" means the Business Corporations Act (Ontario), as now enacted or as the same may be amended from time to time; "RAYROCK" means Rayrock Resources Inc., a corporation governed by the OBCA; "RAYROCK MULTIPLE VOTING SHARES" means the multiple voting shares in the capital of Rayrock; "RAYROCK SHARE APPRECIATION RIGHTS" means share appreciation rights granted by Rayrock prior to January 25, 1999; "RAYROCK SHAREHOLDER" means a holder of Rayrock Shares; "RAYROCK SHARES" means the issued and outstanding Rayrock Multiple Voting Shares and Rayrock Subordinate Voting Shares, collectively; "RAYROCK STOCK OPTIONS" means options to acquire Rayrock Subordinate Voting Shares granted by Rayrock prior to January 25, 1999; "RAYROCK SUBORDINATE VOTING SHARES" means the subordinate voting shares in the capital of Rayrock; "STOCK EXCHANGES" means the TSE and the NYSE, collectively; and "TSE" means The Toronto Stock Exchange. ARTICLE II
Sample 1
Glamis Shares for each Share (the "All Share Exchange Rate"); or
Sample 1

Related to Glamis Shares

  • ASA Shares has the meaning set forth in 2.4(a).

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Newco Shares means the common shares in the capital of Newco;

  • Sold Shares shall have the meaning specified in Section 6.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Subco Shares means the common shares in the capital of Subco;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Amalco Shares means the common shares in the capital of Amalco;

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Company Shares means the common shares in the capital of the Company;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Sale Shares shall have the meaning set forth in Recital B above; and

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.