VimpelCom Common Shares definition
Examples of VimpelCom Common Shares in a sentence
The issuance of the VimpelCom Common Shares and VimpelCom Preferred Shares to Weather II and the Weather I Shareholders pursuant to Article II shall be effected as a private placement pursuant to Section 4(2) of the Securities Act.
Weather I and Weather II, in their respective capacities as shareholders of VimpelCom Common Shares on the relevant record date for receiving dividends, shall be entitled to receive their proportionate share of any such dividend amounts paid out above $850,000,000 with respect to the 2010 financial year.
Such waiver (i) shall not give rise to Weather II or the Weather I Shareholders receiving shares of a class, or with rights, different from the currently-outstanding VimpelCom Common Shares and (ii) is limited to the first $850,000,000 in dividends declared and paid out by VimpelCom as dividends with respect to the 2010 financial year, including interim and year-end dividends.
VimpelCom shall declare and pay $850,000,000 in interim dividends on the VimpelCom Common Shares in respect of the 2010 financial year prior to the Closing Date.
Other than with respect to the $850,000,000 in interim dividends on the VimpelCom Common Shares described in the immediately preceding sentence, VimpelCom shall not set as a record date for dividends to holders of Common Shares any date occurring prior to June 1, 2011.
VimpelCom shall use its reasonable best efforts to cause an equivalent number of the ADSs corresponding to the number of VimpelCom Common Shares to be issued as the Share Portion of the Consideration to be approved for listing on the NYSE, subject to official notice of issuance, no later than the Closing Date.
The shareholder resolutions required by the bye-laws of VimpelCom to effect the authorization and issuance of VimpelCom Common Shares and VimpelCom Preferred Shares to Weather II and the Weather I Shareholders at Closing shall have been obtained.
None of VimpelCom, any of its Affiliates, or any person acting on its or their behalf will, directly or indirectly, make offers or sales of any security, or solicit offers to buy any security, under circumstances that would require the registration of the VimpelCom Common Shares or VimpelCom Preferred Shares sold pursuant to Article II under the Securities Act.
None of the VimpelCom, any of its Affiliates, or any person acting on its or their behalf will engage in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with any offer or sale of the VimpelCom Common Shares or VimpelCom Preferred Shares sold pursuant to Article II in the United States.
The VimpelCom Common Shares and VimpelCom Preferred Shares to be delivered to Weather II and Weather I Shareholders in accordance with Article II hereof will at Closing be validly issued, fully paid and non-assessable, subject to the transfer and other restrictions as set forth or referred to in Article IX.