Examples of Subco Common Shares in a sentence
The authorized capital of Novicius Subco consists of an unlimited number of Novicius Subco Common Shares.
There is not in the constating documents or by-laws of Novicius Subco, or in any agreement, mortgage, note, debenture, indenture or other instrument or document to which Novicius Subco is a party, any restriction upon or impediment to the declaration of dividends by the directors of Novicius Subco or payment of dividends by Novicius Subco to the holders of the Novicius Subco Common Shares.
The (i) Subscription Receipts shall have been exchanged into Subco Common Shares and Subco Warrants in accordance with its terms and (ii) the Special Units shall have been exchanged into Apogee Common Shares and Apogee Warrants in accordance with its terms, provided that each exchange may occur immediately prior to the Effective Time, and the Escrowed Proceeds shall have been released from escrow.
Any Employee who is living in camp accommodations paid by the Employer may, on any weekend, vacate or check out of such accommodation and the Employer shall pay such Employee twenty dollars ($20.00) per day.
All of the issued Subco Common Shares have been duly authorized and validly issued and are fully paid and nonassessable.
As of the date hereof, the authorized share capital of Subco consists of an unlimited number of Subco Common Shares, of which there are 100 Subco Common Shares issued and outstanding.
There are no agreements purporting to restrict the transfer of any of the Subco Common Shares, no voting agreements, shareholders' agreements, voting trusts, or other arrangements restricting or affecting the voting of the Subco Common Shares.
Subco is not a party to or bound by any outstanding restrictions, puts, options or other obligations, agreements or commitments to repurchase, redeem or otherwise acquire any outstanding Subco Common Shares or other equity securities of Subco.
Except for this Agreement, there are no outstanding options, warrants, subscriptions, conversion rights, or other rights, agreements, or commitments obligating Subco to issue any additional Subco Common Shares, or any other securities convertible into, exchangeable for, or evidencing the right to subscribe for or acquire from Subco any Subco Common Shares.
Subco hereby pays the Purchase Price to Broadway in full by issuing to Broadway, as fully paid and non-assessable shares, such number of Subco Common Shares as are required to be issued so that, after such issuance, the number of outstanding Subco Common Shares is equal to the number of Broadway Common Shares outstanding at the Effective Date (excluding Broadway Common Shares held by shareholders dissenting to the Arrangement) (the “Subco Consideration Shares”).