Exchangeable Share Consideration definition

Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

Exchangeable Share Consideration means, with respect to each Exchangeable Share, for any acquisition of or redemption of or distribution of assets of the Corporation in respect of or purchase pursuant to these share provisions, the Plan of Arrangement, the Support Agreement or the Voting and Exchange Trust Agreement:

Exchangeable Share Consideration has the meaning ascribed thereto in the Exchangeable Share Provisions;

Examples of Exchangeable Share Consideration in a sentence

• Upon delivery of such Exchangeable Share Consideration to the Trustee, the Trustee shall promptly deliver such Exchangeable Share Consideration to such Beneficiary (or to such other person, if any, properly designated by such Beneficiary).

• Provided that such Exchangeable Share Consideration has been so deposited with the Transfer Agent, the closing of the purchase and sale of the Retracted Shares pursuant to the Retraction Call Right shall be deemed to have occurred as at the close of business on the Retraction Date and, for greater certainty, no redemption by the Corporation of such Retracted Shares shall take place on the Retraction Date.

• Payment of the Redemption Price for such Exchangeable Shares shall be made by delivery to each holder, at the address of the holder recorded in the securities register of the Company for the Exchangeable Shares or by holding for pick-up by the holder at the registered office of the Transfer Agent as may be specified by the Company by notice to the holders of Exchangeable Shares, the Exchangeable Share Consideration representing the Redemption Price.

• Notwithstanding the foregoing, until such payment or deposit of such Exchangeable Share Consideration is made, the holder shall be deemed to still be a holder of Exchangeable Shares for purposes of all voting rights with respect thereto under the Voting and Exchange Trust Agreement.

• The Exchangeable Share Price for each such Exchangeable Share so purchased may be satisfied only by Acquiror delivering or causing to be delivered to the Trustee, on behalf of the relevant Beneficiary, the Exchangeable Share Consideration representing the total Exchangeable Share Price.

More Definitions of Exchangeable Share Consideration

Exchangeable Share Consideration means, with respect to each Exchangeable Share, for any acquisition of, redemption of or distribution of assets of the Company in respect of such Exchangeable Share, or purchase of such Exchangeable Share pursuant to these Exchangeable Share Provisions or the Support Agreement or the Voting and Exchange Trust Agreement:

Exchangeable Share Consideration means the consideration in the form of Exchangeable Shares, together with Ancillary Rights, elected for each Meta Share by a Meta Shareholder (other than a Dissenting Shareholder) pursuant to Section 2.3(a), which shall be that number of Exchangeable Shares equal to the Exchange Ratio for each Meta Share held immediately prior to the Effective Time.

Exchangeable Share Consideration means, with respect to each Exchangeable Share, for any acquisition of, redemption of or distribution of assets of the Corporation in respect of, or purchase pursuant to, these share provisions, the Support Agreement or the Voting and Exchange Trust Agreement:

Exchangeable Share Consideration means, with respect to each Exchangeable Share, for any action which is an acquisition of, or redemption of, or distribution of assets of the Company in respect of, the Exchangeable Share or purchase of the Exchangeable Share by the Company or by IPC Delaware or a Subsidiary of IPC Delaware pursuant to the Exchange Agreement or hereunder or otherwise, the aggregate of the following:

Exchangeable Share Consideration has the meaning ascribed thereto in the Plan of Arrangement.

Exchangeable Share Consideration means the consideration in the form of 0.5932 of an Exchangeable Share to be received at the election or deemed election of a Shareholder (other than a Dissenting Shareholder) pursuant to Section 3.01(g);

Exchangeable Share Consideration has the meaning ascribed thereto in Section 5.4.