IRC Shares definition

IRC Shares means common shares in the capital of IRC.
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IRC Shares means those fully paid and non-assessable free trading voting common shares of the Buyer to be issued and qualified in the Initial Public Offering;
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Examples of IRC Shares in a sentence

  • Any certificate which immediately prior to the Exchange Time represented outstanding IRC Shares that were exchanged pursuant to Section 2.2 that is not deposited with all other instruments required by Section 4.1 on or prior to the date of the notice referred to in Section 7(2) of the Exchangeable Share Provisions shall cease to represent a claim or interest of any kind or nature as a securityholder of Canco or RG.

  • IRC, Canco, Callco, RG and the Depositary shall be entitled to deduct and withhold from any dividend, price or consideration otherwise payable to any holder of IRC Shares, RG Shares or Exchangeable Shares such amounts as IRC, Canco, Callco, RG or the Depositary is required to deduct and withhold with respect to such payment under the ITA, United States tax laws or any other applicable Law.

  • Every IRC Shareholder from whom an IRC Share is acquired pursuant to the Arrangement shall be removed from the register of holders of IRC Shares at the time of that acquisition pursuant to the Arrangement and shall cease to have any rights in respect of such IRC Shares, and Canco shall become the holder of such IRC Shares and shall be added to that register at that time and shall be entitled as of that time to all of the rights and privileges attached to the IRC Shares.

  • The rights (“RG Rights”) issued under RG’s first amended and restated rights agreement, dated as of September 10, 2007, shall attach to all RG Shares and Exchangeable Shares issued in exchange for IRC Shares pursuant to the Arrangement.

  • Subject to the terms of the Arrangement Agreement, the Arrangement will become effective at the Effective Time and be binding at and after the Effective Time on IRC, RG, Canco and Callco and all holders and beneficial holders of IRC Shares and IRC Stock Options.

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  • The consideration to be paid pursuant to Sections 2.2(b) and 2.2(c) shall be adjusted to reflect fully the effect of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into RG Shares or IRC Shares, other than stock dividends paid in lieu of ordinary course dividends), reorganization, recapitalization or other like change with respect to RG Shares or IRC Shares occurring after the date of the Arrangement Agreement and prior to the Effective Time.

  • Total IRC Shares Under Cash Election: 42,565,856 x C$7.45 = C$317,115,627 = US$288,286,934 Total IRC Shares Under Stock Election: 58,000,000 times 0.1385 x = 8,033,000 Shares Total 100,565,856 We then apply proration under section 2.4 to determine the deemed election percentage for each group of shareholders.

  • The transaction was completed on 11 July 2012 and the total consideration was satisfied through the issue and allotment of 54,491,029 and 2,861,912 IRC Shares to Sangritta and Lania, respectively.

  • Prior to the Exchange Time, Canco shall deposit or cause to be deposited with the Depositary, for the benefit of the holders of IRC Shares, the aggregate number of whole Exchangeable Shares and the aggregate 40 Table of Contents number of whole RG Shares issuable, and the aggregate amount of Cash Consideration payable, under the Arrangement.

Related to IRC Shares

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

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

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

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

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

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

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

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

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

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

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

  • Exchange Shares has the meaning set forth in Section 2.01(b).

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

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

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

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Pubco Shares means those 36,097,500 fully paid and non-assessable common shares of Pubco to be issued to the Selling Shareholders by Pubco on the Closing Date;

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

  • Coop Shares Shares issued by a Cooperative Corporation.