Zenabis Replacement Options definition

Zenabis Replacement Options means the stock options issued by the Company in replacement of certain stock options which had been issued by Zenabis pursuant to the Zenabis Incentive Plan, in connection with the Company’s acquisition of Zenabis, exercisable for Company Shares;
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Zenabis Replacement Options means the stock options issued by the Company in replacement of certain stock options which had been issued by Zenabis pursuant to the Zenabis Incentive Plan, in connection with the Company’s acquisition of Zenabis, exercisable for Company Shares. “Zenabis Replacement Warrants” means, collectively, (i) the outstanding certificated warrants to purchase common shares of Zenabis, as
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Examples of Zenabis Replacement Options in a sentence

  • The Zenabis Replacement Options shall not be exchanged or otherwise replaced by this Plan of Arrangement, and, subject to this Section 3.1(d)(iv), shall continue to be governed by the Zenabis Incentive Plan on the same terms and conditions as were applicable to such Zenabis Replacement Options immediately prior to the Effective Time.

  • For greater certainty in accordance with the OBCA, none of the following are entitled to exercise Dissent Rights:‎ (i) holders of Company Options, (ii) holders of Company RSUs, (iii) holders of Company DSUs, (iv) holders of Company Warrants, (v) holders of Zenabis Replacement Options, and (vi) holders of Company Shares who vote in favour of the Arrangement Resolution.

  • For greater certainty in accordance with the OBCA, none of the following are entitled to exercise Dissent Rights: (i) holders of Company Options, (ii) holders of Company RSUs, (iii) holders of Company DSUs, (iv) holders of Company Warrants, (v) holders of Zenabis Replacement Options, and (vi) holders of Company Shares who vote in favour of the Arrangement Resolution.

  • All Company Options, Company RSUs, Company DSUs and Zenabis Replacement Options have been issued in compliance with all applicable Laws, including Securities Law, and the terms of the Company Omnibus Plan, if applicable, and the issuance of the Company Shares under the Company Omnibus Plan and Zenabis Replacement Options has been duly authorized by the Board.

  • The Zenabis Replacement Options shall not be exchanged or otherwise replaced by this Plan of ‎Arrangement, and, subject to this Section 3.1(d)(iv), shall continue to be governed by the ‎Zenabis Incentive Plan on the same terms and ‎conditions as were applicable to ‎such Zenabis Replacement Options immediately prior to ‎the Effective Time.

  • As of the date hereof: (i) 1,615,601 Company Shares are issuable upon the exercise of Company Options, (ii) 66,987 Company Shares are issuable pursuant to Company RSUs, (iii) no Company Shares are issuable pursuant to Company DSUs, (iv) 36,565 Company Shares are issuable upon the exercise of Zenabis Replacement Options, (v) 4,227,517 Company Shares are issuable upon the exercise of Company Warrants.

Related to Zenabis Replacement Options

  • Benchmark Replacement means, with respect to any Benchmark Transition Event, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • Benchmark Replacement Date means the earliest to occur of the following events with respect to the then-current Benchmark:

  • Benchmark Replacement Conforming Changes means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, the applicability and length of lookback periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Administrative Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Loan Documents).

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.