Placer Dome definition
Examples of Placer Dome in a sentence
Placer Dome and the Placer Dome Subsidiaries' corporate minute books contain minutes of all meetings and resolutions of the directors and securityholders held.
Each member of the Placer Dome Board of Directors has indicated their intention to deposit the Shares owned by them pursuant to the Offer and has agreed that the press release to be issued by Barrick announcing the Offer may so reference such statement of intention and that references to such intention may be made in the Notice of Variation and other documents relating to the Offer.
Barrick shall provide written notice to Placer Dome of any proposed Pre-Acquisition Reorganization at least five business days prior to the Expiry Time.
Upon receipt of such notice, Barrick and Placer Dome shall work co-operatively and use commercially reasonable efforts to prepare prior to the Expiry Time all documentation necessary and do all such other acts and things as are necessary to give effect to such Pre-Acquisition Reorganization.
Placer Dome agrees that, with effect at 7:30 pm (Toronto time) on the first scheduled expiry date of the Offer upon which Barrick elects to take up Shares deposited under the Offer, it shall irrevocably waive or suspend the operation of or otherwise render the Shareholder Rights Plan inoperative against the Offer, any Compulsory Acquisition and any Subsequent Acquisition Transaction.
The individuals proposed by Placer Dome shall be acceptable to Barrick, acting reasonably.
The execution and delivery of this Agreement by Placer Dome and the consummation by Placer Dome of the Offer have been duly authorized by the Placer Dome Board of Directors and no other corporate proceedings on its part are necessary to authorize this Agreement or the Offer, other than with respect to the Directors' Circular and other matters relating solely thereto.
If Barrick does not take up and pay for the Shares tendered to the Offer, Barrick shall indemnify Placer Dome for any and all losses, costs and expenses, including reasonable legal fees and disbursements, incurred in connection with any proposed Pre-Acquisition Reorganization.
In addition, as of the date of this Agreement Placer Dome also has the Convertible Debentures outstanding which are convertible into 10,991,631 Shares, none of which is in a position to be converted.
COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 2003, by , as of Placer Dome U.S. Inc., a California corporation.