Examples of Mountain Shares in a sentence
The Depository shall not be obligated to seek or obtain a minimum price for any of the Copper Mountain Shares sold by it.
Notwithstanding any provision of this Agreement to the contrary and to the extent available under the applicable provisions of the laws of Mountain’s jurisdiction of incorporation, Dissenting Mountain Shares shall not be converted into, and such Dissenting Mountain Shareholders shall have no right to receive, the applicable Merger Consideration.
Notwithstanding the foregoing, if it appears to Copper Mountain that it would be contrary to applicable law to issue Copper Mountain Shares pursuant to the Arrangement to a person that is not a resident of Canada, the Copper Mountain Shares that otherwise would be issued to that person will be issued and delivered to the Depository for sale of the Copper Mountain Shares by the Depository on behalf of that person.
Each such person will receive a pro rata share of the cash proceeds from the sale of the Copper Mountain Shares sold by the Depository (less commissions, other reasonable expenses incurred in connection with the sale of the Copper Mountain Shares and any amount withheld in respect of Canadian taxes) in lieu of the Copper Mountain Shares.
From and after the Merger Effective Time, the holder(s) of certificates, if any, evidencing ownership of the Mountain Shares or Mountain Shares held in book-entry form issued and outstanding immediately prior to the Merger Effective Time shall cease to have any rights with respect to such shares except as otherwise provided for herein or under applicable Law.
The Copper Mountain Shares delivered to the Depository will be pooled and sold as soon as practicable after the Effective Date, on such dates and at such prices as the Depository determines in its sole discretion.
Following the application of the Initial Deposit, the Extension Payment, the Term Sheet Payment, the Deposit, the Closing Date Payment and the Star Mountain Shares to the Purchase Price, a total of $15,500,000 (fifteen million five hundred thousand dollars) of the Purchase Price will remain to be paid by the Purchaser to the Seller after the Closing Date, subject to the provisions of Section 2.5 below.
Revenues, both external (Total Revenues) and internal, i.e. work orders within the department (A&F Internal Sales) were on target by the end of FY2017 Q1, while expenditures in Supplies & Materials and Travel Expenditures were over budget by about 50%, this includes the meals of the electric technician, which were budgeted in the Electric maintenance cost center, part of the Mountain Shares.
The Seller understands that the Star Mountain Shares have not been, and will not be, registered under the Securities Act, and are being sold in reliance upon a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of the Seller’s representations as expressed herein.
The certificate evidencing the Bright Mountain Shares shall contain the following legend: “The shares of common stock evidenced by this certificate have not been registered under the Securities Act of 1933, as amended (the “Act”).