Examples of Subco Common Stock in a sentence
All of the issued and outstanding shares of Subco Common Stock have been duly authorized, are validly issued, were not issued in violation of, or subject to, any pre-emptive rights and are fully paid and non- assessable, the whole in full compliance with the laws of the Province of Alberta.
In consideration of the transfer of the Transferred Assets, Subco will (a) assume certain liabilities as described in Section 2 below and (b) issue to Spice, in an amount and on such terms as shall be determined by Spice, shares of Subco Common Stock, and, if so determined by Spice, Subco Warrants.
As of the date of this Agreement, there are 200 shares of Subco Common Stock issued and outstanding.
Such distribution of Subco Common Stock (and Subco Warrants, if any) in the Mergers shall be in partial exchange for such shares of Spice Common Stock and Convertible Preferred, shall constitute part of the Merger Consideration under the Merger Agreement, and shall be considered a redemption of such Spice Common Stock and Convertible Preferred for tax purposes.
The PIK Notes are secured by the shares of Subco Common Stock and over the Company’s Loan Account to Subco from time to time.
Spice shall also deliver to the Exchange Agent the number of shares of Subco Common Stock and Subco Warrants, if any, that each holder of stock options or warrants of Spice would be entitled to receive if the stock options or warrants were exercised for Spice Common Stock, and the exercise price for such stock options or warrants were paid, immediately prior to the Effective Time of the Mergers.
A review of sixteen youth case management recordsindicated the transition coordinator ensured all services were provided to each youth within therequired fourteen days of the referral being made.
There are no agreements purporting to restrict the transfer of Subco Common Stock or Subco Preferred Stock and no voting agreements, shareholders’ agreement, voting trusts or other arrangements restricting or affecting the voting of Subco Common Stock or Subco Preferred Stock.
There are no outstanding options, warrants, subscriptions, conversion rights or other rights, agreements or commitments obligating Subco to issue any additional shares of Subco Common Stock or Subco Preferred Stock, or any other securities convertible into, exchangeable for or evidencing the right to subscribe for or acquire from Subco any shares of Subco Common Stock or Subco Preferred Stock.
The ability for novice users to arrive at a positive assessment of Risk, in order to achieve Confidence, is therefore inhibited by the view that an action was Involuntary.