New Hut definition

New Hut has the meaning ascribed thereto in the Business Combination Agreement.
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New Hut means Hut 8 Corp., a corporation incorporated under the laws of the State of Delaware and a direct, wholly-owned subsidiary of USBTC;
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New Hut has the meaning ascribed thereto in the preamble to this Agreement.
Sample 1

Examples of New Hut in a sentence

  • As a result of the Business Combination, both Hut Amalco and USBTC will become wholly-owned subsidiaries of New Hut.

  • New Hut intends to list its shares on Nasdaq Stock Exchange (“Nasdaq”) and the Toronto Stock Exchange (the “TSX”) under the trading symbol “HUT” following the completion of the Business Combination, subject to the approval of Nasdaq and the TSX.

  • As of and from the Arrangement Effective Time, this Plan of Arrangement will be binding on the Company, USBTC, New Hut, the Company Securityholders, the Depositary, the transfer agents in respect of the Company Shares and the New Hut Shares, and all other Persons, in each case without any further act or formality required on the part of any Person.

  • In no event shall any holder of Company Shares be entitled to a fractional New Hut Share.

  • Where the aggregate number of New Hut Shares to be issued to a holder of Company Shares as part of the Per Share Consideration under this Arrangement would result in a fraction of a New Hut Share being issuable, the aggregate number of New Hut Shares to be received by such holder shall be rounded down to the nearest whole New Hut Share, without any additional payment or compensation to the holder.

  • Subject to the terms of this Agreement, USBTC will cooperate with, assist and consent to Hut seeking the Interim Order and the Final Order, including by providing Hut on a timely basis any information required to be supplied by USBTC or New Hut in connection therewith.

  • New Hut intends to list its shares on the Nasdaq Stock Exchange (“Nasdaq”) and the Toronto Stock Exchange (the “TSX”) under the trading symbol “HUT” following the completion of the Business Combination, subject to the approval of Nasdaq and the TSX.

  • Each Hut Compensation Warrant shall continue to be governed by and be subject to the terms of the certificates in respect of the Hut Compensation Warrants and New Hut shall assume in writing all of the obligations of Hut under the Hut Compensation Warrants.

  • The Hut Board has unanimously determined, after consultation with its legal and financial advisors and after reviewing the Hut Fairness Opinions, that the Transaction, involving a business combination of Hut and USBTC by way of the Arrangement and Merger, pursuant to which Hut and USBTC will each become wholly-owned subsidiaries of New Hut, is in the best interests of Hut and Hut Shareholders.

  • As a condition precedent to the delivery of the Consideration Shares, the Registered Hut 8 Shareholder shall give a bond satisfactory to New Hut and the Depositary in such sum as New Hut may direct, or otherwise indemnify Hut 8, New Hut and the Depositary against any claim that may be made against any of them with respect to the certificate alleged to have been lost, stolen or destroyed.

Related to New Hut

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • CMD means the Contract Monitoring Division of the City.

  • NABP means the National Association of Boards of Pharmacy.

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • Black People is a generic term which means Africans, Coloureds and Indians;

  • Garden State Growth Zone or "growth zone" means the four

  • NEO or “named executive officer” means each of the following individuals:

  • Subrecipient Parent DUNS Number means the subrecipient parent organization’s 9-digit Data Universal Numbering System (DUNS) number that appears in the subrecipient’s System for Award Management (SAM) profile, if applicable.

  • MSL means an altitude expressed in feet measured from Mean Sea Level.

  • Indicators of student progress and growth means the results of assessment(s) of students as defined in N.J.A.C. 6A:8, Standards and Assessment.

  • co-pilot means a pilot operating other than as pilot-in-command, on an aircraft for which more than one pilot is required, but excluding a pilot who is on board the aircraft for the sole purpose of receiving flight instruction for a licence or rating.

  • SAIC means the State Administration for Industry and Commerce of the PRC and/or its regional and local counterparts.

  • Resident school district means the public school district in which the student resides.

  • RemainCo shall have the meaning set forth in the Preamble.

  • Long-term inpatient care means inpatient services for

  • BIP means Brookfield Infrastructure Partners L.P.;

  • ESBD means the Electronic State Business Daily, the electronic marketplace where State of Texas bid opportunities over $25,000 are posted. The ESBD may currently be accessed at http://www.txsmartbuy.com/esbd.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • MRP means the maximum retail price, excluding taxes, payable by a Subscriber for A-la Carte Channels or Bouquet of Pay Channels as notified by STAR in terms of the Tariff Order 2017 and as set out in Annexure A of the SLA as maybe amended from time to time;

  • Foster child means a child who has been removed from his or her home pursuant to Section 309 of the Welfare and Institutions Code (“WIC”), is the subject of a petition filed under Section 300 or 602 of the WIC, or has been removed from his or her home and is the subject of a petition filed under WIC section 300 or 602.

  • FFI is an abbreviation for Foreign Financial Institution.

  • AGM means the annual general meeting held in accordance with the constitution of the Competition.

  • Opium poppy means the plant of the species Papaver somniferum L., except its seeds.