New Westaim Shares definition

New Westaim Shares means the common shares of Westaim after giving effect to the Consolidation;
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Examples of New Westaim Shares in a sentence

  • The Purchase Price payable by Westaim to the Four Star Securityholders concurrent with the execution of this Agreement for the Plumb-Line Holdings LP Securities held by the Four Star Securityholders is • New Westaim Shares, in aggregate, with such New Westaim Shares to be allocated to the Four Star Securityholders on the basis set forth in Schedule “A” hereto.

  • The Purchase Price payable by Westaim to Arcticor concurrent with the execution of this Agreement for the Nascor Securities and the Arcticor Warrant is • New Westaim Shares.

  • Regulatory Approvals The Reorganization Agreement provides that receipt of all required regulatory approvals including, without limitation, receipt of conditional approval of the TSX for listing of the New Westaim Shares issuable pursuant to the Transactions, is a condition precedent to the Reorganization becoming effective.

  • Following implementation of the Reorganization and giving effect to the Consolidation, New Westaim will have approximately 18.85 million New Westaim Shares outstanding.

  • Until surrendered, as contemplated by this Section 5.1, each certificate which immediately prior to or upon the Time of Closing represented one or more Westaim Shares under the Consolidation, that were exchanged or were deemed to be exchanged for New Westaim Shares, shall be deemed at all times after the Time of Closing, to represent only the right to receive upon such surrender a certificate representing that number of New Westaim Shares which such Holder has the right to receive.

  • For example, if the Equity Financing Offering Price is not $12.00 but rather is $10.00 per New Westaim Share, current Westaim Shareholders will hold approximately 30.1% of the New Westaim Shares outstanding and conversely if the Equity Financing Offering Price is $14.00 per New Westaim Share, current Westaim Shareholders will hold approximately 21.5% of the New Westaim Shares outstanding.

  • At or promptly after the Time of Closing, Westaim shall deposit with the Westaim Transfer Agent, for the benefit of the Westaim Shareholders who will receive New Westaim Shares in connection with the Consolidation, certificates representing the number of New Westaim Shares that are issuable in connection with the Consolidation.

  • In the event of a transfer of ownership of Westaim Shares that was not registered in the securities register of Westaim, a certificate representing the proper number of New Westaim Shares may be issued to the transferee if the certificate representing such Westaim Shares is presented to the Westaim Transfer Agent as provided above, accompanied by all documents required to evidence and effect such transfer and to evidence that any applicable stock transfer taxes have been paid.

  • Amounts represent the number of New Westaim Shares issued, except for the Equity Financing Offering Price, which is expressed in dollars.

  • The Purchase Price payable by Westaim to the PLMG Shareholders concurrent with the execution of this Agreement for the PLMG Securities held by the PLMG Shareholders is •New Westaim Shares, in aggregate, with such New Westaim Shares to be allocated to the PLMG Shareholders on the basis set forth in Schedule “A” hereto.

Related to New Westaim Shares

  • 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.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Returning Shares means shares subject to outstanding stock awards granted under the Prior Plan and that following the Effective Date: (A) are not issued because such stock award or any portion thereof expires or otherwise terminates without all of the shares covered by such stock award having been issued; (B) are not issued because such stock award or any portion thereof is settled in cash; (C) are forfeited back to or repurchased by the Company because of the failure to meet a contingency or condition required for the vesting of such shares; (D) are withheld or reacquired to satisfy the exercise, strike or purchase price; or (E) are withheld or reacquired to satisfy a tax withholding obligation.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Unit Shares means the Common Shares comprising part of the Units;

  • 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.

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

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

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

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

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

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

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

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Sale Shares shall have the meaning set forth in Recital B above; and

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

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

  • Purchased Shares has the meaning set forth in Section 2.01.

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