Examples of New Gold Common Shares in a sentence
Subject to applicable law and to Section 5.04 hereof, at the time of such compliance, there shall, in addition to the delivery of a certificate representing the New Gold Common Shares and a cheque for the cash consideration to which such holder is thereby entitled, be delivered to such holder, without interest, the amount of the dividend or other distribution with a record date after the Effective Time theretofore paid with respect to such New Gold Common Shares.
The New Gold Common Shares are registered under Section 12(b) of the 1934 Act.
New Gold is authorized to issue an unlimited number of New Gold Common Shares.
The number of New Gold Common Shares to be issued to Former Western Shareholders or Electing Holdco Shareholders shall be rounded down to the nearest whole New Gold Common Share in the event that a Former Western Shareholder or an Electing Holdco Shareholder is entitled to a fractional share.
No fractional New Gold Common Shares shall be issued to Former Western Shareholders or Electing Holdco Shareholders.
No dividend or other distribution declared or made after the Effective Time with respect to New Gold Common Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate that, immediately prior to the Effective Time, represented outstanding Western Common Shares or shares of Qualifying Holdco unless and until the holder of such certificate shall have complied with the provisions of Section 5.01 or Section 5.02 hereof.
All outstanding New Gold Common Shares have been authorized and are validly issued and outstanding as fully paid and non-assessable shares, free of pre-emptive rights.
No dividend or other distribution declared or made after the Effective Time with respect to New Gold Common Shares with a record date after the Effective Time shall be delivered to the holder of any unsurrendered certificate which, immediately prior to the Effective Time, represented outstanding Metallica Common Shares unless and until the holder of such certificate shall have complied with the provisions of Section 6.1 or Section 6.2 hereof.
The New Gold Common Shares to be issued: (i) to holders of Western Common Shares or Qualified Holdco Shareholders in connection with the Arrangement and (ii) upon the exercise of any New Gold Warrants issued in connection with the Arrangement shall have been approved for listing on the TSX and the NYSE Alternext, subject to official notice of issuance and other normal conditions.
New Gold hereby covenants and agrees that, following the Effective Time, it will take all steps required and cause Peak or its successor to take all steps required to fulfill the obligations of Peak or its successor to deliver New Gold Common Shares on any exercise of Peak Options or Peak Warrants.