Examples of Purchaser Shares in a sentence
The Purchaser is not in default of any material requirements of any Securities Laws or the Nasdaq listing rules and has no knowledge of any facts or circumstances which could reasonably lead to delisting or suspension of the Purchaser Shares from the Nasdaq in the foreseeable future.
The Purchaser shall have deposited or caused to be deposited with the Depository in escrow in accordance with Section 2.8 the funds and Purchaser Shares required to effect payment in full of the aggregate Consideration to be paid in respect of the Company Shares pursuant to the Plan of Arrangement and the Depository shall have confirmed to the Company the receipt of such funds and Purchaser Shares, as applicable.
As of the date of this Agreement, there are 265,076,148 Purchaser Shares issued and outstanding and no preferred shares of the Purchaser issued and outstanding.
No order, ruling or determination having the effect of suspending the sale of, or ceasing the trading of, the Purchaser Shares or any other securities of Purchaser has been issued by any Governmental Authority and is continuing in effect and no proceedings for that purpose have been instituted, are pending or, to the knowledge of Purchaser, are contemplated or threatened under any Applicable Laws or by any Governmental Authority.
To the extent necessary, such deductions and withholdings shall be effected by selling any Purchaser Shares or other non-cash consideration to which such holder or recipient may otherwise be entitled under the Plan of Arrangement, and any amount remaining following the sale, deduction and remittance (net of reasonable costs and expenses) shall be paid to the holder or recipient entitled thereto as soon as reasonably practicable.