Issuer Consideration Shares definition

Issuer Consideration Shares means the 17,485,719 Issuer Shares to be issued by the Issuer to the 226 Shareholders in exchange for the 226 Shares at the Closing pursuant to the terms and conditions of this Agreement;

Issuer Consideration Shares means the Issuer Shares issued by the Issuer to the Cybeats Shareholders in exchange for the Cybeats Shares at the Closing pursuant to the terms and conditions of this Agreement;

Issuer Consideration Shares means the 5,766,666 Issuer Shares to be issued by the Issuer to the Pan Canadian Shareholders, pro rata, in exchange for the Pan Canadian Shares at the Closing pursuant to the terms and conditions of this Agreement;

Examples of Issuer Consideration Shares in a sentence

• However, in the event that a Dissenting Shareholder fails to perfect or effectively withdraws the Dissenting Shareholder’s claim under Section 185 of the OBCA or otherwise forfeits the Dissenting Shareholder’s right to make a claim under Section 185 of the OBCA, the Dissenting Shareholder’s Dissenting MichiCann Shares shall thereupon be deemed to have been exchanged as of the Effective Date for Resulting Issuer Consideration Shares on the basis set forth in section 2.1 hereof.

• The Issuer Consideration Shares shall be issued in exchange for the Isracann Shares as set forth and described in Schedule A.

• In addition to the Issuer Consideration Shares being issued to Cybeats Shareholders in exchange for the Cybeats Shares pursuant to this Article 2, the Issuer shall also issue to Cybeats Shareholders such number of additional Issuer Shares (or cash in lieu thereof pursuant to the terms and conditions of Schedule C) in the event that Cybeats meets certain gross revenue performance milestones more specifically set out in Schedule C (the “Aggregate Performance Consideration”).

• Each UXD Shareholder acknowledges and agrees to accept his/her/its Issuer Consideration Shares with such resale restrictions as more particularly set out in Schedule A and Schedule B, which terms are incorporated into and form part of this Agreement.

• Each DCU Shareholder agrees that it will not sell all or any portion of the Issuer Consideration Shares and (as applicable) Issuer Additional Shares except pursuant to registration under the U.S. Securities Act or pursuant to an available exemption from registration under the Securities Act.

More Definitions of Issuer Consideration Shares

Issuer Consideration Shares means 24,000,000 shares of Issuer Common Stock.

Issuer Consideration Shares means the Issuer Shares to be issued by the Issuer to the Target Shareholders pursuant to the terms and conditions of this Agreement;

Issuer Consideration Shares means the 22,959,925 Issuer Shares to be issued by the Issuer to the Patriot Securityholders in exchange for the Patriot Shares at the Closing pursuant to the terms and conditions of this Agreement;

Issuer Consideration Shares means the 15,280,139 Issuer Shares to be issued by the Issuer to the UXD Shareholders in exchange for the UXD Shares at the Closing pursuant to the terms and conditions of this Agreement;

Issuer Consideration Shares means the 4,300,000 Issuer Shares to be issued by the Issuer to the Polaris Shareholders, pro rata, in exchange for the Polaris Shares at the Closing pursuant to the terms and conditions of this Agreement;

Issuer Consideration Shares means the number of Issuer Shares to be issued by the Issuer to the DCU Shareholders in exchange for the DCU Shares outstanding as of the date hereof, calculated in accordance with the Closing Share Formula;

Issuer Consideration Shares means (i) the 47,180,000 post-Consolidation Issuer Shares to be issued by the Issuer to the Isracann Shareholders in exchange for the Isracann Shares outstanding as of the date hereof and, as applicable, (ii) up to 9,803,921 post-Consolidation Issuer Shares to be issued by the Issuer to the Isracann Shareholders in exchange for the Isracann Shares issued pursuant to the Isracann Financing, at the Closing pursuant to the terms and conditions of this Agreement;