Cannus Shares definition

Cannus Shares means, collectively, the Cannus Common Shares and the Cannus Series A Shares.

Examples of Cannus Shares in a sentence

All issued and outstanding Cannus Shares have been duly authorized and are validly issued, fully paid and non-assessable, free of pre-emptive rights.

Cannus shall be satisfied that the exchange of New CIVC Shares for Cannus Shares shall be qualified or exempt from registration or qualification under all applicable United States federal and state securities laws.

If a Cannus Dissenting Shareholder fails to perfect or effectively withdraws its claim under section 190 of the CBCA or forfeits its right to make a claim under section 190 of the CBCA or if its rights as a Cannus Shareholder are otherwise reinstated, such holder’s Cannus Shares shall thereupon be deemed to have been exchanged as of the Effective Time as prescribed by paragraphs 1.2(g)(i), and (g)(ii), as applicable, as further described in Section 2.1.

In no circumstances shall CIVC, CIVC Subco, Cannus or any other Person be required to recognize a Person exercising Dissent Rights unless such Person is a registered holder of Cannus Shares in respect of which such Dissent Rights are sought to be exercised.

Dissent Rights shall not have been exercised in respect of more than 10% of the issued and outstanding Cannus Shares.

Neither CIVC or CIVC Subco or any Affiliate or Associate of CIVC or CIVC Subco, nor to the knowledge of CIVC, any director or officer of CIVC or CIVC Subco, beneficially owns or has the right to acquire a beneficial interest in any Cannus Shares.

There are 2,500,000 Cannus Options outstanding that can each be exercised for one Cannus Common Share, 31,000 Cannus Options that can each be exercised for one Cannus Series A Share and 2,655,159 Cannus Shares issuable upon the conversion, exercise or exchange of warrants issued by Cannus.

The representations, warranties and covenants in this Certificate will form the basis for the exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and any applicable securities laws of any state of the United States, for the issuance of the New CIVC Securities to Cannus Securityholders in exchange for their Cannus Shares and other securities of Cannus upon completion of the Amalgamation (the “Exchange”).

A registered holder of Cannus Shares is not entitled to exercise Dissent Rights with respect to Cannus Shares if such holder votes (or instructs, or is deemed, by submission of any incomplete proxy, to have instructed his, her or its proxyholder to vote) in favour of the resolution approving the Amalgamation at the Cannus Meeting.

Related to Cannus Shares

Securities Act means the Securities Act of 1933, as amended.
Purchaser means the organization purchasing the goods.
Fair Market Value means, as of any date, the value of Common Stock determined as follows:
You (or "Your") shall mean an individual or Legal Entity exercising permissions granted by this License.
Licensee means a person licensed under this chapter.
Company means the Person named as the “Company” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person.
Child means any person under eighteen years of age.
License means the terms and conditions for use, reproduction, and distribution as defined by Sections 1 through 9 of this document.
Holder means a Person in whose name a Security is registered in the Security Register.
the Act means the Localism Act 2011;
Regulations means the Income Tax Regulations promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations).
Family member means spouse, father, mother, child, father-in-law, mother-in-law, daughter-in-law or son-in-law.
Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.
Director means a member of the Board.
Board means the Board of Directors of the Company.
Exchange Act means the Securities Exchange Act of 1934, as amended.
Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.
Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
Commissioner means the commissioner of insurance.
Effective Date means each date and time that the Registration Statement, any post-effective amendment or amendments thereto and any Rule 462(b) Registration Statement became or becomes effective.
Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.
Minister means the Minister in the Government of the State for the time being responsible for the administration of the Act to ratify this Agreement and pending the passing of that Act means the Minister for the time being designated in a notice from the State to the Company and includes the successors in office of the Minister;
Rights Issue means an offer of shares open for a period fixed by the Directors of the Company to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusion or other arrangements as the Directors of the Company may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of, or the requirements of any recognised regulatory body or any stock exchange in, any territory outside Hong Kong).”
Day means calendar day.
Owner means each Person who is the beneficial owner of a Book-Entry Preferred Securities Certificate as reflected in the records of the Clearing Agency or, if a Clearing Agency Participant is not the Owner, then as reflected in the records of a Person maintaining an account with such Clearing Agency (directly or indirectly, in accordance with the rules of such Clearing Agency).
Code means the Internal Revenue Code of 1986, as amended.