Examples of Purchaser Subco in a sentence
The Purchaser shall receive on the Merger and amalgamation one Mergerco common share in exchange for each Purchaser Subco common share previously held and each Company Share (other than Dissenting Shares held by Dissenting Shareholders who are ultimately determined to be entitled to be paid fair value for their Dissenting Shares in accordance with Article 4) shall entitle the holder thereof to the Consideration.
The stated capital account maintained for the common shares of Mergerco will be equal to the aggregate of the paid-up capital, for purposes of the Tax Act, of the Purchaser Subco shares held by the Purchaser and the Company Shares, immediately prior to the Merger.
The stated capital account maintained for the subordinate voting shares of Mergerco will be equal to the aggregate of the paid-up capital, for purposes of the Tax Act, of the Purchaser Subco shares held by the Purchaser and the Company Shares, immediately prior to the Merger.
The Purchaser shall receive on the Merger and amalgamation one Mergerco subordinate voting share in exchange for each Purchaser Subco common share previously held and each Company Share (other than Dissenting Shares held by Dissenting Shareholders who are ultimately determined to be entitled to be paid fair value for their Dissenting Shares in accordance with Article 4) shall entitle the holder thereof to the Consideration.
The stated capital account maintained for the subordinate voting shares of Mergerco will be equal to the aggregate of the paid-up capital, for purposes of the Tax Act, of Purchaser Subco shares held by TerrAscend and the Company Shares, immediately prior to the Merger.
In no circumstances shall the Purchaser, Subco, the Company or any other Person be required to recognize a Person exercising Dissent Rights unless such Person is a registered holder of Company Shares in respect of which such Dissent Rights are sought to be exercised.
TerrAscend shall receive on the Merger and amalgamation one Mergerco subordinate voting share in exchange for each Purchaser Subco common share previously held and each Company Share (other than Company Shares held byDissenting Shareholders who are ultimately determined to be entitled to be paid fair value for their Company Share) shall entitle the holder thereof to the Consideration.
THE ARRANGEMENT Purpose of the Arrangement The Arrangement will result in the acquisition of Coral by Nomad, and the sale of all Shares held by the Shareholders in exchange for the Consideration, and Coral will become a wholly-owned subsidiary of Nomad, pursuant to Coral’s amalgamation with Purchaser Subco.
At the Effective Time, the Purchaser shall cause Purchaser Subco (with funds provided by the Purchaser) to subscribe for ORAs from Coralec, and Coralec to issue such ORAs to Purchaser Subco, in a sufficient amount so as to satisfy the number of Purchaser ADSs required to be delivered in exchange for the Company Common Shares in accordance with the Plan of Arrangement.
Immediately following issuance of the Consideration Shares, the issued and outstanding shares in the capital of Purchaser Subco will consist of 60 Class A Shares issued to Purchaser Holdco and 40 Class B Common Shares, being the Consideration Shares, issued to the Vendor.