Examples of New Parent Shares in a sentence
In determining shareholders of New Parent entitled to notice of and to vote at meetings of shareholders of New Parent, former shareholders of record of Parent and the Company shall not be deemed shareholders of record until the register of members of New Parent is amended to reflect the allotment and issue of the New Parent Shares to such former shareholders.
Each of New Parent, PCS, Agrium and the Depositary shall be authorized to sell or otherwise dispose of such portion of the New Parent Shares payable hereunder as is necessary to provide sufficient funds to New Parent, PCS, Agrium and the Depositary, as the case may be, to enable it to implement such deduction or withholding.
For purposes of each such exchange of shares of SEM Common Stock for New Parent Shares, the value of the shares of SEM Common Stock contributed by each Rollover Investor to Parent shall be $18.00 per share (i.e., an amount equal to the consideration per share of SEM Common Stock payable in the Merger).
In Q1, FY18, ASPIRE held a meeting with One C, and agreed on the dates to conduct joint awareness to local structures on case management, as well as the approach to use in the implementation of case management.
The number of New Parent Shares to be issued to Former Reunion Gold Shareholders or Former GMIN Shareholders, as applicable, shall be rounded down to the nearest whole New Parent Share in the event that a Former Reunion Gold Shareholder or Former GMIN Shareholder, as applicable, is entitled to a fractional share without any additional compensation in lieu of such fractional share.
The Parties shall, immediately prior to the filing of the PCS Articles of Arrangement and the Agrium Articles of Arrangement with the Director pursuant to Section 2.9, cause New Parent to provide the Depositary with a sufficient number of New Parent Shares deliverable to PCS Shareholders and Agrium Shareholders pursuant to the Arrangement in accordance with Section 2.1.
Any Transfer or attempted Transfer of any of the Parent Shares or New Parent Shares in violation of Section 2.1 shall, to the fullest extent permitted by Law, be null and void ab initio, and Parent shall not, and shall instruct its transfer agent and other third parties not to, record or recognize any such purported Transfer on the share register of Parent.
Subject to applicable Laws, following surrender of any such certificate or certificates (or affidavit of loss) in accordance with the Plan of Arrangement, there shall be paid to the holder thereof, without interest, the amount of dividends or other distributions with a record date after the Effective Time theretofore paid with respect to such New Parent Shares to which such holder is entitled pursuant to the Arrangement.
Parent shall also take any action (other than qualifying to do business in any jurisdiction in which it is now not so qualified) required to be taken under any applicable state securities and "Blue Sky" laws in connection with the issue of New Parent Shares in the Schemes and upon the exercise of New Parent Options (as defined herein), and the Company shall furnish all information concerning the Company and the holders of Shares as may be reasonably requested in connection with any such action.
Former PotashCorp Shareholders are anticipated to own approximately 52% of the New Parent Shares and former Agrium Shareholders are anticipated to own approximately 48% of the New Parent Shares following completion of the Arrangement.