Exchangeable Shares definition

Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

Exchangeable Shares means the non-voting exchangeable shares in the capital of Exchangeco, having substantially the rights, privileges, restrictions and conditions set out in the Exchangeable Share Provisions.

Exchangeable Shares means the Exchangeable Shares of the Corporation having the rights, privileges, restrictions and conditions set forth herein.

Examples of Exchangeable Shares in a sentence

• The denominator in basic earnings per share includes PPL’s Class B and Class D Exchangeable Shares, since they are exchangeable into and economically equivalent to the Company’s common shares.

• PPL is a related party by virtue of holding Class B and Class D Exchangeable Shares that are exchangeable into Shares of the Company.

• Post Arrangement Structure Following these steps: (a) Shareholders and placees under the Initial Private Placement will own all of the issued and outstanding Crew Shares; (b) Shareholders will own all of the Exchangeable Shares of AmalgamationCo and all the issued and outstanding Trust Units of the Trust; (c) the Trust will own all of the issued and outstanding common shares of AmalgamationCo; and (d) the Trust will be the holder of all of the issued and outstanding Notes of AmalgamationCo and the NPI.

• No Exchangeable Shares will be issued to Non–Residents, Tax–Exempt Shareholders or Option Shareholders.

• To the extent that holders of Common Shares elect to receive more than 6,000,000 Exchangeable Shares, the 6,000,000 Exchangeable Shares will be allocated on a pro-rated basis to all holders of Common Shares electing to receive Exchangeable Shares and such holders will be deemed to have elected to receive Notes, which will be exchanged for Trust Units, for the balance of Exchangeable Shares that they would have otherwise received.

More Definitions of Exchangeable Shares

Exchangeable Shares means those shares of Capital Stock issued by Bowater Canada, Inc. and listed on the Toronto Stock Exchange (under stock symbol BWX) which are exchangeable at any time at the option of the holder of such shares into common stock of the Parent and which entitle the holders thereof to similar voting rights and dividend payments (on a per share basis) as those granted to holders of the common stock of the Parent.

Exchangeable Shares has the meaning ascribed thereto in the recitals hereto.

Exchangeable Shares means the non-voting exchangeable shares in the capital of the Corporation.

Exchangeable Shares has the meaning provided in the recitals hereto.

Exchangeable Shares means the non-voting, exchangeable shares in the capital of Canco, having the rights, privileges, restrictions and conditions set forth herein.

Exchangeable Shares means the exchangeable shares in the capital of ExchangeCo having substantially the rights, privileges, restrictions and condition set out in Appendix 1 of the Plan of Arrangement.

Exchangeable Shares means the non-voting exchangeable shares in the capital of ExchangeCo, having substantially the rights, privileges, restrictions and conditions set out in Schedule "A" to the Plan of Arrangement;