Examples of Purchaser Common Shares in a sentence
The Sellers will enter into Lock-Up Agreements pursuant to which the Sellers will not be entitled to sell, hypothecate or otherwise transfer, in any way, shape or form, the Purchaser Common Shares issued to them pursuant to the terms of this Agreement for a period of six months following the Closing Date of this Agreement.
Purchaser will, following receipt by Terrace of the Final Order and prior to the filing by Terrace of the Articles of Arrangement, issue in escrow with the Depositary sufficient Purchaser Common Shares to satisfy the aggregate Consideration for the Terrace Shares outstanding and those Terrace Shares to be issued upon conversion of the Subscription Receipts under the Arrangement.
All Purchaser Common Shares to be issued under this Agreement will, when issued in accordance with the terms of the Agreement, be validly issued as fully paid and non- assessable shares in the capital of the Purchaser.
The Purchaser Common Shares are listed on the TSX and trading of the Purchaser Common Shares is not currently halted or suspended.
Section 1.1(ooo) of the Agreement is hereby amended by deleting Section 1.1(ooo) in its entirety and inserting in lieu thereof the following: “(ooo) ‘Redemption Shares’ shall mean the total number of Purchaser Common Shares received by the holders of shares of Series B Convertible Preferred Stock upon the repurchase of the then outstanding shares of Series B Convertible Preferred Stock pursuant to Section 4.10 of this Agreement.” Section 3.