Proportionate Voting Shares definition

Proportionate Voting Shares means the proportionate voting shares in the capital of the Company;
Proportionate Voting Shares means the proportionate voting shares in the capital of the Corporation expected to be issued and outstanding at the time of the closing of the qualifying acquisition;
Proportionate Voting Shares means the proportionate voting shares of the Company, each of which carries 1,000 votes and is convertible into Subordinate Voting Shares on a 1 for 1 basis.

Examples of Proportionate Voting Shares in a sentence

  • The Proportionate Voting Shares shall not be consolidated or subdivided unless the Subordinate Voting Shares and the Multiple Voting Shares are simultaneously consolidated or subdivided utilizing the same divisor or multiplier.

  • The Multiple Voting Shares shall not be consolidated or subdivided unless the Subordinate Voting Shares and the Proportionate Voting Shares are simultaneously consolidated or subdivided utilizing the same divisor or multiplier.

  • Proportionate Voting Shares converted into Common Shares hereunder will automatically be cancelled.

  • No fractional Common Shares will be issued on any conversion of Proportionate Voting Shares.

  • The Subordinate Voting Shares shall not be consolidated or subdivided unless the Proportionate Voting Shares and the Multiple Voting Shares are simultaneously consolidated or subdivided utilizing the same divisor or multiplier.


More Definitions of Proportionate Voting Shares

Proportionate Voting Shares has the meaning specified in Section 2.3(a).
Proportionate Voting Shares means the Class B proportionate voting shares of the Company;
Proportionate Voting Shares means the proportionate voting shares of the Corporation.
Proportionate Voting Shares has the meaning specified in the Plan of Arrangement.
Proportionate Voting Shares has the meaning set forth in Section 5.09.
Proportionate Voting Shares means the proportionate voting shares in the capital of the Corporation, and having the terms and conditions set forth in the notice of articles and articles of the Corporation, as they may be amended or changed from time to time.
Proportionate Voting Shares means the proportionate voting shares in the capital of the Company. “Qualifying Jurisdictions” means each of the provinces of Canada, except Quebec. “Reorganization” has the meaning ascribed thereto in “Corporate Structure – Reorganization”. “Securities Commissions” means the securities regulatory authorities of the Qualifying Jurisdictions.