Examples of Nevada Holdco in a sentence
In connection with the Arrangement, the outstanding securities of Nevada Holdco held by the Acquiror (including shares, options, warrants and convertible notes) were exchanged for an equal number of and corresponding securities of the Issuer.
The Resulting Issuer, Nevada Holdco or Cannex, and the Depository shall deduct and withhold from all distributions or payments otherwise payable to any former Nevada Holdco Shareholder or former Cannex Shareholder (an “Affected Person”) any amounts required to be deducted and withheld with respect to such payment under the Tax Act, the Code or any provision of any applicable federal, provincial, state, local or foreign Law or treaty, in each case, as amended (a “Withholding Obligation”).
They will also be available on the company’s website www.hexpol.com and at the AGM.
In no event shall any Nevada Holdco Shareholder, Nevada Holdco Optionholder, Cannex Shareholder, Cannex Optionholder, Cannex Warrantholder, or Cannex Noteholder be entitled to a fractional security of the Resulting Issuer.
No dividend or other distribution declared or made after the Effective Time with respect to the Resulting Issuer with a record date after the Effective Time shall be delivered to any former Nevada Holdco Shareholder or former Cannex Shareholder, unless and until the holder shall have complied with the provisions of Section 5.1 or Section 5.2 hereof.
There are no current Contracts or other transactions (including relating to indebtedness by Nevada Holdco) between Nevada Holdco on the one hand, and (i) any officer or director of Nevada Holdco, (ii) any holder of record or, to the knowledge of Nevada Holdco, beneficial owner of five percent or more of the voting securities of Nevada Holdco, or (iii) any affiliate or Associate of any officer, director or beneficial owner, on the other hand.
The foregoing conditions will be for the sole benefit of Nevada Holdco and may be waived by it in whole or in part at any time.
Some of them could present a significant credit risk which could, for example, lead them to suspend an order in production, or render them unable to pay on delivery, as agreed under the terms of the contract.
The execution and delivery of this Agreement by Briteside and the consummation by Briteside of the transactions contemplated by this Agreement have been duly authorized by the Briteside Board and no other proceedings on the part of Briteside are necessary to authorize this Agreement other than the Nevada Holdco Shareholder Approval and approval of the Nevada Holdco Continuance Resolution and the Nevada Holdco Arrangement Resolution.
The execution and delivery of this Agreement by 4Front and the consummation by 4Front of the transactions contemplated by this Agreement have been duly authorized by the 4Front Board and no other proceedings on the part of 4Front are necessary to authorize this Agreement other than the Nevada Holdco Shareholder Approval and approval of the Nevada Holdco Continuance Resolution and the Nevada Holdco Arrangement Resolution.