Examples of Share Consideration in a sentence
The Buyer shall have delivered to the Seller the Cash Consideration and the Closing Share Consideration as set out in Section 3.2.
The issued and outstanding Common Shares are listed and posted for trading on the CSE, no order ceasing or suspending trading in any securities of the Buyer or prohibiting the issue, sale and delivery (as applicable) of the Common Shares compromising the Share Consideration or the trading of any of the Buyer's securities has been issued and is in effect as of the date of Closing and no proceedings for such purpose are pending or, to the Buyer's knowledge, threatened.
The Common Shares issuable pursuant to the Share Consideration will, unless as otherwise permitted hereunder, be subject to voluntary resale restrictions whereby the Seller shall not sell more than 15% of the five day VWAP in any single trading day.
All necessary steps and proceedings will have been taken to permit the Share Consideration to be duly and regularly issued and registered in the name of the Seller as fully paid and non-assessable.
The Buyer shall have obtained all approvals necessary to be obtained in order to consummate the transactions contemplated hereby, including approval (or conditional approval) of the CSE for listing and posting for trading the Share Consideration.