Examples of PTI Common Shares in a sentence
At or promptly after the Effective Time, PTI Holdco shall deposit with the Depositary, for the benefit of the Shareholders who ultimately exchanged their PTI Common Shares for Exchangeable Shares pursuant to the Arrangement, certificates representing the Exchangeable Shares issued pursuant to the Arrangement upon the exchange.
At or promptly after the Effective Time, OSI shall deposit with the Depositary, for the benefit of the U.S. PTI Shareholders who ultimately exchanged their PTI Common Shares for shares of OSI Common Stock pursuant to Section 2.1(c) of the Arrangement, certificates representing the shares of OSI Common Stock issued pursuant to the Arrangement upon the exchange.
At the Effective Time: (a) each PTI Common Share and each option to acquire PTI Common Shares ("PTI Option") outstanding immediately prior to the Effective Time will be exchanged as provided in the PTI Plan of Arrangement; and (b) the PTI Arrangement will, from and after the Effective Time, have all of the effects provided by applicable law, including the ABCA.
As of March 2, 2001, an aggregate of 13,866,689 PTI Common Shares are issued and outstanding and no shares of preferred stock are issued and outstanding.
The PTI Exchange Ratio (as defined in the PTI Plan of Arrangement) shall be adjusted to reflect fully the effect of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into OSI Common Stock or PTI Common Shares), merger, reorganization, recapitalization or other like change with respect to OSI Common Stock or PTI Common Shares occurring after the date hereof and prior to the Effective Time.
For the purposes of determining the exercise price per share of OSI Common Stock, the exercise price per share of PTI Common Shares subject to such Option shall be adjusted using the Canadian dollar exchange rate based upon the average of the noon buying rate expressed to the fourth decimal place for each of the Business Days in the Measurement Period as reported by the Bank of Canada.
The issued and outstanding PTI Common Shares are owned of record by the persons and in the amounts set forth in Section 8.3 of the PTI Disclosure Schedule.
Except for Petex XxXxxx, Xxllxxx Xxxxxxxxx xxx SCF-III, L.P., all of the holders of record of issued and outstanding PTI Common Shares are domiciled outside of the United States, and, to the best of PTI's knowledge, none of such holders of PTI Common Shares are United States persons.
Holders of PTI Common Shares may exercise rights of dissent with respect to such shares in connection with the PTI Arrangement pursuant to and in the manner set forth in Section 184 of the ABCA and Section 3.1 of the PTI Plan of Arrangement to the extent such holders have not previously waived their rights of dissent (such holders referred to as "Dissenters" or as "Dissenting Shareholders" when referring exclusively to holders of PTI Common Shares).
Any certificate which immediately prior to the Effective Time represented outstanding PTI Common Shares which were exchanged pursuant to Section 2.1 and has not been deposited, with all other instruments required by Section 4.1, on or prior to the sixth anniversary of the Effective Date shall cease to represent a claim or interest of any kind or nature as a Shareholder or a holder of Exchangeable Shares or shares of OSI Common Stock.