Examples of Resulting Issuer Common Shares in a sentence
The Resulting Issuer Common Shares shall be free and clear of any and all encumbrances, Liens, charges, demands and restrictions on transfer whatsoever except the escrow restrictions imposed by the CSE or the Principal Regulator, restrictions imposed pursuant to the Voluntary Common Share Pooling Agreement, and restrictive or hold period prescribed under Applicable Securities Law.
The issuance of the Resulting Issuer Common Shares and Resulting Issuer Warrants issuable pursuant to the Merger shall be exempt or excluded from registration requirements under the U.S. Securities Act, and the registration and qualification requirements of all Applicable Securities Law.
No fractional Resulting Issuer Common Shares will be issued or delivered pursuant to the Merger.
The Company hereby acknowledges and agrees that any Resulting Issuer Common Shares and any Resulting Issuer Warrants issued to or for the account or benefit of any U.S. Persons or persons in the United States in reliance on Rule 506(b) of Regulation D will be issued as “restricted securities” as defined in Rule 144(a)(3) under the U.S. Securities Act, and will be represented by definitive certificates endorsed with a U.S. restrictive legend in customary form.
It is anticipated that BC Co will rely on Rule 506(b) of Regulation D and Rule 903 of Regulation S, as applicable, in connection with the offer and sale of the Resulting Issuer Common Shares and Resulting Issuer Warrants.