Arrangement Consideration definition
Examples of Arrangement Consideration in a sentence
Notwithstanding that pursuant to the Arrangement each other Canadian Gold Shareholder will be entitled to receive the Arrangement Consideration in exchange for such Canadian Gold Shareholder’s Canadian Gold Shares, if the ▇▇▇▇▇▇ Shareholder Approval has not been obtained prior to the Effective Time, no ▇▇▇▇▇▇ Shares shall be issued in respect of any Canadian Gold Shares beneficially held, directly or indirectly, or controlled or directed as of the date hereof, by ▇▇.
The Parties agree that: (i) the Arrangement shall result in the acquisition by ▇▇▇▇▇▇ of all of the issued and outstanding Canadian Gold Shares; and (ii) subject to Section 2.09, each Canadian Gold Shareholder (other than a Canadian Gold Shareholder who has validly exercised its Canadian Gold Dissent Rights) shall be entitled to receive, in exchange for each Canadian Gold Share held, the Arrangement Consideration, all as more specifically set out in the Plan of Arrangement.
Each of Canadian Gold, ▇▇▇▇▇▇ and the Depositary and any person acting on their behalf is hereby authorized to sell or otherwise dispose of such portion of the Arrangement Consideration as is necessary to provide sufficient funds to Canadian Gold, ▇▇▇▇▇▇ or the Depositary, as the case may be, to enable it to implement such deduction or withholding, and Canadian Gold, ▇▇▇▇▇▇ or the Depositary will notify the holder thereof and remit to the holder any unapplied balance of the net proceeds of such sale.