Xxx Xxxxx Shares definition
Examples of Xxx Xxxxx Shares in a sentence
Upon quotation of the Xxx Xxxxx Shares on the NASD Over-the-Counter Bulletin Board, JML shall complete a registered public offering of a minimum of 1,000,000 shares and a maximum of 2,000,000 shares of its common stock (the “Public Offering”) at an estimated price of USD $0.30 per share for gross proceeds of between USD $300,000 and USD $600,000 before commissions.
This section highlights the recovery assistance that the CPCB RSF can provide as part of Federal recovery support efforts.
The purchase price payable by JML to the Xxx Xxxxx Shareholders for the Xxx Xxxxx Shares is $1,650,000.00 in U.S. currency (the “Purchase Price”) payable on the Closing Date by the issuance of 16,500,000 common shares in the capital stock of JML (the “JML Shares”).
Written consent was obtained from each nurse before starting data collection.
After the Effective Date, no further transfer of Xxx Xxxxx Shares will be made except as provided in this Plan of Arrangement.
In the event of a transfer of ownership of Xxx Xxxxx Shares which is not registered in the transfer records of Xxx Xxxxx, (i) a certificate representing the proper number of NewCo Class A Shares and (ii) the Cash Consideration, may be issued or paid to the transferee if the certificate representing such Xxx Xxxxx Shares is presented to the Depositary, accompanied by a duly completed Letter of Transmittal and Election Form and all documents required to evidence and effect such transfer to the transferee.
Any funds held by the Depositary that remain undistributed to former Xxx Xxxxx Shareholders nine months after the Effective Date shall be delivered to NewCo, or its successor, upon demand therefor, and holders of certificates previously representing Xxx Xxxxx Shares who have not theretofore complied with Section 4.1 shall thereafter, subject to Section 5.5, look only to NewCo, or its successor, for payment of any claim to cash.
Accordingly, the directors of Xxx Xxxxx intend unanimously to recommend that Xxx Xxxxx Shareholders vote in favour of the Scheme at the Court Meeting and the Resolutions to be proposed at the General Meeting as they have irrevocably undertaken to do in respect of their own beneficial holdings of Xxx Xxxxx Shares (and/or those Xxx Xxxxx Shares over which they have control) comprising 101,056 Xxx Xxxxx Shares in aggregate, which represent approximately 0.1 per cent.
US holders of Xxx Xxxxx Shares may not be able to sue a non-US company or its officers or directors in a non-US court for violations of US securities laws.
In consideration for the Xxx Xxxxx Shares, Xxxx-Son shall deliver its Promissory Note in the principal amount of $6,417,216.00 in the form attached hereto as Exhibit A (the "Note").