Old Lorus Shares definition

Old Lorus Shares means the common shares of Old Lorus issued and outstanding immediately prior to the reorganization of Old Lorus’ share capital pursuant to the Arrangement;
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Old Lorus Shares means common shares in the share capital of Old Lorus issued and outstanding prior to the reorganization of Old Lorus’s share capital pursuant to the terms of the Arrangement.
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Old Lorus Shares means common shares in the share capital of Old Lorus;
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Examples of Old Lorus Shares in a sentence

  • Each New Lorus Option will represent a right to purchase that number of New Lorus Shares equal to the number of Old Lorus Shares underlying the Old Lorus Option.

  • From and after the Effective Date, the entitlement of any participant to receive Old Lorus Shares prior to the Arrangement under the Old Lorus Share Purchase Plan will thereafter represent only the right to receive an equivalent number of New Lorus Shares.

  • Where a certificate formerly representing Old Lorus Shares is not deposited with all other documents as provided for in Section 4.02(1) on or prior to the sixth anniversary date of the Effective Time, it will cease to represent a right or claim of any kind or nature.

  • Old Lorus has not, in the 12 months preceding the date of this Agreement, received notice from any Trading Market on which the Old Lorus Shares are or have been listed or quoted to the effect that Old Lorus is not in compliance with the listing or maintenance requirements of such Trading Market, except as would not have a Material Adverse Effect.

  • All of the outstanding Old Lorus Shares are validly issued, fully paid and nonassessable and to the knowledge of Old Lorus, have been issued in compliance with all Applicable Laws and, to the knowledge of Old Lorus, none of such outstanding Old Lorus Shares was issued in violation of any pre-emptive rights or similar rights to subscribe for or purchase securities.

  • The Old Lorus Shares are listed on the TSX and the AMEX, and except as contemplated by the Arrangement, Old Lorus has taken no action designed to, or which to its knowledge is likely to have the effect of, terminating the listing of the Old Lorus Shares on the TSX or the AMEX nor has Old Lorus received any notification that the TSX or the AMEX is contemplating terminating such listing.

Related to Old Lorus Shares

  • Company Shares has the meaning set forth in the Recitals.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Sold Shares shall have the meaning specified in Section 6.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Amalco Shares means common shares in the capital of Amalco;

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Newco Shares means the common shares in the capital of Newco;

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Subco Shares means the common shares in the capital of Subco;

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Original Shares means ordinary shares with a par value of US$0.0001 each in the capital of the Company;

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.