Esperanza definition
Examples of Esperanza in a sentence
Esperanza is a party to an option agreement dated December 22, 2011, among Esperanza, Esperanza Silver de Mexico S.A. de C.V. and Citation Resources Corp.
Esperanza, through its subsidiary Esperanza Silver de Mexico S.A. de C.V., rents offices and houses through various vendors.
Under the terms of the Pucarana Joint Venture, Esperanza, through Esperanza Silver de Peru S.A.C. has a 60% interest in the Pucarana claims (described below).
S.A. Esperanza has a Surface Rights Agreement (the “SRA”) that is structured as a surface lease with the communal landowners and has an initial term of 15 years.
The arrangement (the “Arrangement”) under Section 288 of the British Columbia Business Corporations Act (the “BCBCA”) involving Esperanza Resources Corp.
The SRA applies to substantially all of the land required for the La Esperanza Project and provides for continued exploration and development as well as for the planned construction and operation of a mine at the project.
From and after the Effective Time, the Depositary shall be deemed to hold such funds for the sole benefit of the holders of In the Money Esperanza Options and Esperanza RSU Holders, as applicable.
Alamos, Subco, Esperanza and the Depositary shall be entitled to deduct and withhold from any amount otherwise payable to any holder of Esperanza Shares, Esperanza Warrants, Esperanza Options and Esperanza RSUs such amounts as Alamos, Subco, Esperanza or the Depositary is required or permitted to deduct and withhold with respect to such payment under the Tax Act, the United States Internal Revenue Code of 1986 or any provision of applicable federal, provincial, state, local or foreign tax law.
Following receipt of the Final Order and prior to the Effective Date, Alamos shall deposit, or cause to be deposited, cash in immediately available funds with the Depositary in an amount sufficient to pay all cash amounts payable, and all Alamos Warrants issuable, to the Former Esperanza Shareholders pursuant to section 3.1(d) hereof.
This Plan of Arrangement and the Arrangement shall be binding upon Esperanza, the Esperanza Shareholders, the Esperanza Optionholders, the Esperanza Warrantholders, the Esperanza RSU Holders, Alamos and Subco as and from the Effective Time, without any further act or formality required on the part of any person except as expressly provided herein.