Examples of Northern Orion Warrants in a sentence
As at July 11, 2007, there were: (i) 154,087,161 Northern Orion Common Shares outstanding; (ii) Northern Orion Options to acquire an aggregate of 12,567,500 Northern Orion Common Shares were outstanding; and (iii) Northern Orion Warrants outstanding to acquire an aggregate of 56,571,850 Northern Orion Common Shares.
Accordingly, Mill states that representative democracy’s superiority in reference to the present well-being rests upon two principles, of as universal truth and applicability as any general propositions which can be laid down respecting human affairs.
Each Management Party agrees that this Agreement and the respective rights and obligations of such Management Parties hereunder shall attach to any Northern Orion Common Shares, Northern Orion Warrants and Northern Orion Options that may become directly or indirectly beneficially owned by such Management Party or over which control or direction may be acquired by such Party.
Subject to the terms and conditions of the Business Combination Agreement, Yamana shall co-operate with Northern Orion to effect the Business Combination and holders of outstanding Northern Orion Common Shares, Northern Orion Warrants and Northern Orion Options shall be entitled to receive Yamana Common Shares as contemplated in the Business Combination Agreement.
However, none of Northern Orion and its affiliates nor Yamana and its affiliates provide any assurances to the other or to any Northern Orion Shareholder or any holder of Northern Orion securities (including without limitation any holder of Northern Orion Warrants or Northern Orion Options) regarding the U.S. federal income tax consequences of the Arrangement to any Northern Orion shareholder, or any holder of Northern Orion securities.
The Yamana Common Shares to be issued in connection with the transactions contemplated herein, including the Yamana Common Shares to be issued upon the exercise of the Northern Orion Options and the Northern Orion Warrants will not be subject to any statutory hold or restricted period under the securities legislation of any province or territory of Canada and, subject to restrictions contained therein in respect of "control distributions", will be freely tradable within Canada by the holders thereof.
As at July 11, 2007, Northern Orion also had options to purchase up to 12,567,500 Northern Orion Shares and Northern Orion Warrants outstanding to purchase up to 56,571,850 Northern Orion Shares, and it is assumed that no such options and warrants of Northern Orion will be exercised prior to completion of the Arrangement and the underlying Northern Orion Shares will not be exchanged under the Arrangement.
The Yamana Common Shares to be issued in connection with the transactions contemplated herein, including the Yamana Common Shares to be issued upon the exercise of the Northern Orion Options and the Northern Orion Warrants will not be subject to any statutory hold or restricted period under the securities legislation of any province or territory of Canada and, subject to restrictions contained therein in respect of “control distributions”, will be freely tradable within Canada by the holders thereof.