Marathon Shares definition

Marathon Shares means the common shares in the capital of Marathon as they are presently constituted.
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Marathon Shares means the common shares which Marathon is authorized to issue as presently constituted and following the re-designation of such common shares to Class B Shares in accordance with this Plan of Arrangement, means the Class B Shares which Marathon will be authorized to issue and, following the exchange of the Class B Shares for Class A Shares and Marathon Gold Shares in accordance with this Plan of Arrangement, means the Class A Shares which Marathon is authorized to issue;
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Marathon Shares means the common shares in the capital of Marathon;
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Examples of Marathon Shares in a sentence

  • If the Arrangement is concluded, a Marathon Shareholder who exercises Dissent Rights in strict compliance with the Dissent Procedures shall be entitled to be paid by Marathon the fair value of the Marathon Shares held by such Dissenting Marathon Shareholder in respect of which such Dissenting Marathon Shareholder dissents, determined as provided for in the CBCA, as modified by the Interim Order and this section 4.

  • All such Marathon Shares shall be free and clear of any lien, claim, encumbrance, security interest or adverse claim or interest.

  • Concurrently with such Beneficiary ceasing to be a holder of Exchangeable Shares, the Beneficiary shall be considered and deemed for all purposes to be the holder of the Marathon Shares delivered to it pursuant to the Exchange Rights.

  • Marathon is authorized to issue an unlimited number of Marathon Shares.

  • AcquisitionCo, Marathon and the Depositary shall be entitled to deduct and withhold from any dividend or consideration otherwise payable to any holder of Common Shares, Marathon Shares or Exchangeable Shares such amounts as Western, AcquisitionCo, Marathon or the Depositary is required to deduct and withhold with respect to such payment under the ITA, the United States Internal Revenue Code of 1986 or any provision of federal, provincial, territorial, state, local or foreign tax law.

  • In no case shall Stillwater, AquireCo, Marathon or Marathon Gold be required to recognize Dissenting Marathon Shareholders or a Dissenting Marathon Shareholder at and after the Effective Time as a legal or beneficial holder of Marathon Shares for any purpose, and the names of such Dissenting Marathon Shareholders shall be removed from the share register of Marathon at the Effective Time.

  • Upon delivery to the Trustee of such Marathon Shares, the Trustee shall deliver such Marathon Shares to such Beneficiary (or to such other persons, if any, properly designated by such Beneficiary).

  • Marathon and CallCo hereby represent, warrant and covenant that the Marathon Shares issuable as described herein will be duly authorized and validly issued as fully paid and non-assessable and shall be free and clear of any lien, claim or encumbrance.

  • Marathon, CallCo and the Trustee shall be entitled to deduct and withhold from any consideration otherwise payable under this Agreement to any holder of Exchangeable Shares or Marathon Shares such amounts as Marathon, CallCo or the Trustee is required to deduct and withhold with respect to such payment under the Tax Act or any provision of provincial, local or foreign tax law, in each case as amended or succeeded.

  • The purchase price for each such Exchangeable Share so purchased may be satisfied only by Marathon or CallCo, as applicable, delivering or causing to be delivered to the Trustee, on behalf of the relevant Beneficiary, that number of Marathon Shares equal to the Exchange Ratio as at the Business Day prior to the Liquidation Event Effective Time, such purchase price to be paid in accordance with Section 5.12(d) (but less any amounts withheld pursuant to Section 5.13).


More Definitions of Marathon Shares

Marathon Shares is defined in the recitals to this Agreement.
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Marathon Shares means the common shares without par value in the capital of Marathon Gold;
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Marathon Shares means the common shares which Marathon is authorized to issue as presently constituted;
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Related to Marathon Shares

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

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

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

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

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

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

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

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