Examples of Surviving Company Shares in a sentence
All references to “Ordinary Shares” in the Existing Warrant Agreement shall be references to Surviving Company Shares rather than to Prospector Ordinary Shares.
At Closing, the Surviving Company Shares to be issued under this Agreement shall have been duly and validly authorized and when issued and delivered in accordance with the terms hereof, will be validly issued, fully paid and non-assessable ordinary shares of the Surviving Company, free and clear of all claims, liens and encumbrances, other than restrictions arising under applicable securities laws.
As a result of the preceding sentence, effective as of the Company Amalgamation, each Warrant will continue to represent a warrant to subscribe for Surviving Company Shares pursuant to the terms and conditions of the Existing Warrant Agreement (as amended hereby).
Each Rollover Shareholder hereby acknowledges and agrees that, subject to receipt of the Surviving Company Shares, it shall have no right to any Merger Consideration in respect of the Rollover Shares.
Each Rollover Shareholder has been afforded the opportunity to ask such questions as he, she, or it has deemed necessary of, and to receive answers from, representatives of Parent concerning the terms and conditions of the transactions contemplated hereby and the merits and risks of owning the Surviving Company Shares.
At the Effective Time, each Rollover Share shall be converted (for nil consideration) into the number of Surviving Company Shares as set forth on Schedule A.
Subject to the satisfaction in full (or waiver) of all of the conditions set forth in Sections 7.01 and 7.02 of the Merger Agreement (other than conditions that by their nature are to be satisfied or waived, as applicable, at the Closing), the closing of the subscription and issuance of Surviving Company Shares contemplated hereby shall take place at or immediately prior to the Closing.
The shareholders of Buyer will be entitled to exchange their existing Buyer shares for Surviving Company Shares, on a 1:1 exchange ratio.
ROLLOVER SHAREHOLDER: XXXXXXXX XXXX /s/ XXXXXXXX XXXX Schedule A1 Rollover Shareholder Address Owned Shares Rollover Shares Non-Rollover Shares Surviving Company Shares First Windy Investment Corp.
As a result of the preceding sentence, effective immediately following the completion of the amalgamation and the subsequent assignment to the Surviving Company, each Warrant will be exchanged for a warrant to subscribe for Surviving Company Shares pursuant to the terms and conditions of the Existing Warrant Agreement (as amended hereby).