Unit Shares definition

Unit Shares means the Common Shares comprising part of the Units;

Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

Unit Shares has the meaning ascribed to such term on the face page of this Agreement;

Examples of Unit Shares in a sentence

• The Company will issue the Units, the Warrants, the Rights and the Unit Shares, and when issued, the Warrant Shares and the Right Shares, purchased by the Purchaser, in the name of the Purchaser.

• The Purchaser acknowledges and agrees that the Units, the Warrants, the Rights, the Unit Shares, the Warrant Shares and the Right Shares shall not be transferable, saleable or assignable until thirty (30) days after the consummation of an acquisition, share exchange, purchase of all or substantially all of the assets of, or any other similar business combination with one or more businesses or entities (a “Business Combination”), except to permitted transferees (as defined in the Insider Letter).

• The Company’s obligation to deliver Unit Shares under this Agreement shall be subject to the payment by the Participant of any applicable federal, state and local withholding tax.

• The Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Participant any federal, state or local taxes required to be withheld with respect to the vesting of the Stock Units or the delivery of the Unit Shares.

• Notwithstanding the immediately preceding sentence, in the event the Internal Revenue Service determines that the fair market value of the Unit Shares is greater than the Fair Market Value as determined under the Plan and the Participant has incurred additional liability for income taxes, the Fair Market Value for purposes of this subparagraph (b) shall be increased to the value determined by the Internal Revenue Service.

More Definitions of Unit Shares

Unit Shares has the meaning ascribed to such term the Recitals to this Agreement.

Unit Shares has the meaning ascribed thereto in the recitals to this Agreement.

Unit Shares has the meaning ascribed thereto on the face page of this Agreement, and for certainty includes any Additional Shares issued on the exercise of the Over-Allotment Option;

Unit Shares means the Common Shares that form part of the Units offered for sale by the Company under this Prospectus.

Unit Shares or "Warrants" shall assume the full exercise of the Over-Allotment Option and include the Over-Allotment Units, Over-Allotment Unit Shares and Over-Allotment Warrants, as applicable, issuable upon exercise thereof and references herein to the "Offering" shall include the Over-Allotment Securities issued upon exercise of the Over-Allotment Option. The Agent shall notify the Company in writing of its election to exercise the Over-Allotment Option, no later than two Business Days (as defined herein) prior to the proposed Over-Allotment Closing Date (as defined herein) which notice shall specify the number and type of Over-Allotment Securities to be offered and sold by the Agent and the Over-Allotment Closing Date. In the event that the Over-Allotment Option is exercised, all of the terms and conditions relating to the Closing (as defined herein) shall apply to each Over-Allotment Closing (as defined herein) mutatis mutandis. Upon and subject to the terms and conditions set forth herein, the Agent hereby agrees to act, and upon acceptance hereof the Company hereby appoints the Agent as the Company's exclusive agent to offer for sale, on a commercially reasonable "best efforts" agency basis, without underwriter liability, the Units and to arrange for Purchasers (as defined herein) resident in the Selling Jurisdictions (as defined herein) where the Units may be lawfully offered and sold, provided that any Units offered or sold in any jurisdictions outside of Canada are lawfully offered and sold on a basis exempt from the prospectus, registration or similar requirements of any such jurisdictions, including continuous disclosure obligations. It is understood and agreed that the Agent is under no obligation to purchase any of the Units as principal. The Agent and the Company agree that the Company may also offer units directly to purchasers at the Offering Price by way of non-brokered private placement in the United States and offshore jurisdictions in the aggregate amount of up to $4,000,000 (or such other amount as the parties may agree), which is expected to close concurrently with or following the Closing Date (the "Non-Brokered Placement"). The units issued in the Non-Brokered Placement will have terms identical to the Units, except that the securities issued in the Non-Brokered Placement will be subject to a statutory hold period lasting four months and one day following the closing of the Non-Brokered Placement and the warrants issued in the Non-Brokered Pla...

Unit Shares has the meaning given to it above;

Unit Shares shall have the meaning ascribed to such term on the face page of this Subscription Agreement.