Examples of Series 2 Shares in a sentence
At any time after the Redemption Notice is given, Concentra will have the right to deposit the Cash Redemption Price of any or all Series 2 Shares called for redemption with Concentra or with any chartered bank or trust company in Canada named in the Redemption Notice to the credit of a special account for the respective holders of those Series 2 Shares to be paid on surrender to Concentra or that chartered bank or trust company of the certificate or certificates representing those Series 2 Shares.
References to a “holder” in relation to Series 2 Shares means a registered holder of those shares.
Any presentation and surrender by a holder of Series 2 Shares to Concentra of certificates representing Series 2 Shares in connection with the redemption of Series 2 Shares must be made by registered mail (postage prepaid) or by delivery to the registered office of Concentra or to such other place or places within Canada as may be specified by Concentra, in each case addressed to the attention of the Corporate Secretary.
Accidental failure or omission to give any notice, request or other communication to one or more holders of Series 2 Shares, or any defect in such notice, will not invalidate or otherwise alter or affect any action or proceeding to be taken by Concentra pursuant to that notice, request or other communication.
Subject to Section 6 and the provisions of applicable securities law and the CCAA, as applicable, including the requirement for prior approval of the Superintendent, Concentra may purchase for cancellation at any time all or from time to time any part of the Series 2 Shares then outstanding by private contract or in the open market or by tender at the lowest price or prices at which in the opinion of the Board of Directors such shares are obtainable.