Examples of Holdco Shares in a sentence
Within five (5) Business Days from the Effective Date, the Registrar shall credit the CSCS accounts of the Shareholders as at the Terminal Date, with the Holdco Shares.
Transfers of Holdco Shares are subject to restrictions stipulated in the Holdco Articles.
The issue and/or transfer of the Holdco Shares will be strictly regulated pursuant to the Holdco Articles and the rights of Scheme Shareholders in Holdco will primarily be governed by the Companies Law and the laws of the Cayman Islands.
The Holdco Shares to be issued pursuant to the Scheme, will rank pari-passu in all respects and shall form a single class with the existing issued ordinary shares of the Holdco.
Each Shareholder hereby acknowledges and agrees that (a) delivery of such Holdco Shares shall constitute complete satisfaction of all obligations towards or sums due to such Shareholder by Holdco, Parent and Merger Sub in respect of the Rollover Shares held by such Shareholder and cancelled at the Closing as contemplated by Section 2.1 above, and (b) such Shareholder shall have no right to any Merger Consideration in respect of the Rollover Shares held by such Shareholder.