Examples of JKR Shares in a sentence
In such event, the JKR Shares acquired by Optionee will be exchanged for an equivalent value of shares in such public entity.
If Optionee fails to make the cash payments, issue the JKR Shares or incur the Exploration Expenditures by the Deadline (or pay the amount equivalent to the amount not expended to Optionor) or within 15 business days following receipt of a written notice of default from Optionor, the Option shall terminate and be of no further force or effect.
A registered holder of JKR Shares is not entitled to exercise Dissent Rights with respect to JKR Shares if such holder votes (or instructs, or is deemed, by submission of any incomplete proxy, to have instructed his, her or its proxyholder to vote) in favour of the resolution approving the Arrangement.
In no circumstances shall JKR or any other Person be required to recognize a Person exercising Dissent Rights unless such person is a registered holder of the JKR Shares in respect of which such Dissent Rights are sought to be exercised.
After the Effective Date certificates formerly representing JKR Shares which are held by a JKR Shareholder will, subject to Section 5.4 and except for shares held by Dissenting Shareholders, represent only the right to receive certificates representing GSV Shares, all in accordance with the terms of the Arrangement.
If Optionor fails to make the cash payments, issue the JKR Shares or incur the Exploration Expenditures by the Deadline (or pay the amount equivalent to the amount not expended to Optionor) or within 5 business days following receipt of a written notice of default from Optionee, the Option shall terminate and be of no further force or effect.
In the event any certificate, which immediately before the Effective Time represented one or more JKR Shares that were exchanged pursuant to Section 3.1 is lost, stolen or destroyed, upon the making of an affidavit of that fact by the Person claiming such certificate to be lost, stolen or destroyed, the Depositary will issue in exchange for such lost, stolen or destroyed certificate, one or more certificates representing the GSV Shares deliverable in accordance with such holder’s JKR Transmittal Letter.
Any certificate representing former JKR Shares that is not deposited with the Depositary on or before the sixth anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature and the right of the former JKR Shareholder to receive any certificate representing GSV Shares shall be deemed to be surrendered to GSV, together with all dividends, distributions or cash payments thereon held for such JKR Shareholder.