Examples of Offeror Common Shares in a sentence
Offeror further covenants and agrees that all Offeror Common Shares issuable to the Seller as consideration under the Offer shall be authorized for issuance and shall be duly and validly issued shares of the common stock of the Offeror.
No physical certificate(s) for Offeror Common Shares will be issued to Common Shareholders.
The closing price of the Offeror Common Shares on the TSX on November 23, 2016 was $13.04; the Offeror announced its intention to make the Offer after the close of markets on that date.
The Exchange Ratio was determined by using $1.45 for each Savanna Common Share (being the price at which Savanna has agreed to issue up to 27,950,000 Savanna Common Shares in connection with the transactions announced by Savanna on November 22, 2016) and the volume weighted average price of the Offeror Common Shares for the five trading days following November 23, 2016, the date that Total Energy announced its intention to make the Offer, being $13.40 per share.
Listing of the Offeror Common Shares will be subject to the Offeror fulfilling all of the applicable listing requirements of the TSX.
No Offeror Common Shares will be delivered to any Person who is, or appears to the Offeror or the Depositary to be, a resident of any other foreign country unless such Offeror Common Shares may be lawfully delivered to Persons resident in such foreign country without further action by the Offeror.
The Depositary will not distribute any Offeror Common Shares to Common Shareholders until the information required by Step #4 is provided.
Settlement with each Common Shareholder who has validly tendered and not validly withdrawn Savanna Common Shares under the Offer will be made upon the Depositary forwarding the DRS Statement(s) for the Offeror Common Shares to which such Common Shareholder is entitled.
Unless the Person depositing the Savanna Common Shares instructs the Depositary to hold the DRS Statement(s) representing the Offeror Common Shares for pick-up by checking the appropriate box in the Letter of Transmittal, the DRS Statement(s) will be forwarded by first class insured mail to such Person at the address specified in the Letter of Transmittal.
COMMENT: The very comprehensive Robertson Hindmarsh Pty Ltd Conservation Management Plan 2007 commissioned by the Sydney Harbour Federation Trust rated Building 6 as “Rare and Exceptional”.