Finore definition
Examples of Finore in a sentence
Micron acknowledges and agrees that in accordance with the polices of the Exchange and Applicable Laws, the Post-Consolidation Finore Shares issued to certain Micron Shareholders will be subject to escrow and/or resale restrictions under the policies of the Exchange and Applicable Laws.
Finore will be responsible for the fees, costs and expenses in connection with the Consolidation and Listing Statement (save and except for the costs associated with the completion of consolidated and audited financial statements of Micron, as required pursuant to the policies of the Exchange, which shall be the exclusive responsibility of Micron).
The foregoing conditions are for the mutual benefit of Finore and FinoreSub on the one hand and Micron on the other hand and may be waived, in whole or in part, jointly by the Parties at any time.
Finore hereby agrees that Micron shall not have to proceed first against FinoreSub before exercising its rights under this guarantee against Finore.
Finore hereby unconditionally and irrevocably guarantees the due and punctual performance by FinoreSub of each and every covenant and obligation of FinoreSub arising under the Amalgamation.
On or prior to the Effective Date, Finore shall change its name to “Micron Waste Technologies Inc.” or such other name as may be agreed by the Parties, subject to the approval of the Exchange and as may be accepted by the Registrar.
Each of Finore and Micron agree to consult with each other prior to issuing any press releases or otherwise making public statements with respect to this Agreement or the Amalgamation or making any filing with any Governmental Authority with respect thereto.
In addition, the Post-Consolidation Finore Shares to be issued pursuant to the Amalgamation to certain Micron Shareholders who will be Related Persons of Finore upon completion of the Amalgamation will be subject to a CSE Escrow Agreement.
The Parties acknowledge that, as at the Effective Time, the Micron Warrants shall cease to represent a right to acquire Micron Shares and shall provide the right to acquire Post- Consolidation Finore Shares, all in accordance with the adjustment provisions provided in the certificates representing the Micron Warrants.