Krang Shares definition

Krang Shares means the common shares of Krang;
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Examples of Krang Shares in a sentence

  • Following the expiry time of the Offer, the Offeror subsequently acquired the remaining Krang Shares pursuant to the compulsory acquisition provisions of the BUSINESS CORPORATIONS ACT (Alberta).

  • On June 29, 2005, Viking announced that VHI had entered into the Agreement with Krang, pursuant to which VHI has agreed to make the Offer, either through itself or through a wholly-owned, direct or indirect subsidiary, to acquire all of the outstanding Krang Shares for $3.35 in cash per share, representing an aggregate cash consideration of $136 million.

  • LOCK-UP AGREEMENTS VHI has also entered into lock-up agreements with securityholders of Krang who hold approximately 90.5% of the issued and outstanding Krang Shares on a diluted basis, pursuant to which such persons have agreed to irrevocably accept the Offer by depositing all of their Krang Shares to the Offer.

  • SOURCE OF FUNDS Viking estimates that if it acquires all of the Krang Shares pursuant to the Offer, the total cash amount required under the Offer to purchase the Krang Shares will aggregate approximately $136 million.

  • Viking satisfied the funding requirements for the Krang Shares and for repayment of the Krang debt from its undrawn credit facilities.

  • On July 25, 2005, Viking announced that its indirect wholly-owned subsidiary, the Offeror, had acquired approximately 94% of the outstanding Krang Shares pursuant to the Offer to acquire all of the outstanding Krang Shares for $3.35 in cash per share.

  • Krang and VHI have received an order from the securities commissions in the applicable provinces of Canada exempting the acquisition of the Krang Shares by VHI from the requirements of the securities legislation relating to take-over bids.

  • The total cash amount required under the Offer to purchase all of the outstanding Krang Shares was approximately $136 million.

  • THE AGREEMENT CONDITIONS The Agreement provides that the Offer is subject to certain conditions including, among other things, that at least 90% of the outstanding Krang Shares (calculated on a fully diluted basis), are tendered and not withdrawn under the Offer.

Related to Krang Shares

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Newco Shares means the common shares in the capital of Newco;

  • Amalco Shares means the common shares in the capital of Amalco;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Qualifying Shares means shares of Common Stock which either (i) have been owned by the Grantee for more than six (6) months and have been “paid for” within the meaning of Rule 144 promulgated under the Securities Act, or (ii) were obtained by the Grantee in the public market.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • ASA Shares has the meaning set forth in 2.4(a).

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Company Shares means the common shares in the capital of the Company;

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Existing Shares means shares of the Company Common Stock Beneficially Owned by Stockholder as of the date hereof.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

  • Subco Shares means the common shares in the capital of Subco.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);