Examples of GNEL Shares in a sentence
The aggregate cash consideration payable pursuant to the Offer is available to APF such that APF is in a position, subject to the terms of this Agreement, to pay for all GNEL Shares tendered pursuant to the Offer in accordance with the terms of the Offer and to pay all related fees and expenses.
GNEL shall immediately following the mailing of the Offer send a letter to all parties who have had such discussions or negotiations or who have entered into confidentiality agreements with GNEL pertaining to the sale of GNEL Shares or a substantial portion of its assets and shall use appropriate diligence to have all materials provided to such parties by GNEL or prepared by such parties in respect of GNEL destroyed or returned to GNEL or its agents or advisors.
All offers and sales of securities in the capital of GNEL from treasury or by GNEL including, without limitation, the GNEL Shares and the GNEL Options have been made in compliance with all applicable Securities Laws.
GNEL is a “reporting issuer” in British Columbia, Alberta, Ontario and Quebec, and is in material compliance with all Securities Laws and the rules and policies of the TSX, and the GNEL Shares are listed on the TSX.
The agreement also added qualifying employees of two more campuses to the bargaining unit: Northwest Community College in Nome and Sitka Community College in Sitka.
There is not in effect with respect to GNEL, and prior to the Expiry Time GNEL will not implement, a shareholder rights plan or any other form of plan, agreement, contract or instrument that will trigger any rights to acquire GNEL Shares or other securities of GNEL or rights, entitlements or privileges in favour of any person upon the entering into of this Agreement or the making of the Offer.
As of the date hereof, the authorized share capital of GNEL consists of an unlimited number of GNEL Shares and an unlimited number of preferred shares, issuable in series.
All outstanding GNEL Shares have been duly authorized and validly issued, are fully paid and non-assessable and are not subject to, nor were they issued in violation of, any pre-emptive rights, and all GNEL Shares issuable upon exercise of outstanding GNEL Options in accordance with their respective terms will be duly authorized and validly issued, fully paid and non-assessable and will not be subject to any pre-emptive rights.
To GNEL’s knowledge, less than 6.8% of the GNEL Shares are held by U.S. holders.
The GNEL Shares are not registered under Section 12 of the Exchange Act.