Examples of Mountain Shares in a sentence
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.
Without limiting the generality of the foregoing, registered holders of Copper Mountain Shares who duly exercise such right of dissent and who are ultimately entitled to be paid fair value for their Copper Mountain Shares by Copper Mountain shall have their Copper Mountain Shares in respect of which the Notice of Dissent was given cancelled as of the Effective Date.
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.
The Depository shall not be obligated to seek or obtain a minimum price for any of the Copper Mountain Shares sold by it.
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.
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.
The diameter of the inhibition zone was measured by the well-diffusion method at different concentrations (Supplementary figure 1) that was estimated between 10 and 16 mm (Table 1).
In addition, Star Mountain represents and warrants that upon consummation of the Transactions, the Seller shall acquire good and valid title to the Star Mountain Shares.
At the Effective Time, without any further act or formality each of the CEN Shares, other than CEN Shares held by registered holders who have exercised dissent rights as contemplated in Section 3.1 hereof and who are ultimately entitled to be paid fair value for their CEN Shares, shall be and shall be deemed to be transferred to Copper Mountain in exchange for 3.84 Copper 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.