Examples of Orezone Shareholder in a sentence
Orezone shall provide IAMGOLD with a copy of any purported exercise of the Dissent Rights and written communications with any Orezone Shareholder purportedly exercising such Dissent Rights and shall not settle or compromise any action brought by any present, former or purported holder of any of its securities in connection with the Arrangement or the other transactions contemplated by this Agreement, without the prior consent of IAMGOLD.
Each issued Class B Share held by a Dissenting Orezone Shareholder (for greater certainty, being an Orezone Shareholder who has complied with the Dissent Rights and is ultimately entitled to be paid for its Class B Shares) will be acquired by IAMGOLD in consideration for a debt claim against IAMGOLD to be paid fair value of such Class B Shares pursuant to the Dissent Procedures.
IAMGOLD, Orezone, New Orezone and the Depositary shall be entitled to deduct and withhold from all dividends or other distributions otherwise payable to any Orezone Shareholder such amounts as IAMGOLD, Orezone, New Orezone or the Depositary is required or permitted to deduct and withhold with respect to such payment under the Tax Act, the United States Internal Revenue Code of 1986 or any provision of any applicable federal, provincial, state, local or foreign tax law, in each case, as amended.
The Depositary will forward to each Orezone Shareholder, at the address of such Orezone Shareholder as it appears on the register for Orezone Shares, a Letter of Transmittal and instructions for obtaining delivery of the certificates representing the New Orezone Shares and the IAMGOLD Shares allotted and issued to such Orezone Shareholder pursuant to the Arrangement.
The only vote or approval of the holders of the Orezone Shares, Orezone Options or Orezone Convertible Securities, the Debentureholder or the holder of any other securities of Orezone necessary to approve the Arrangement Resolution is, subject to the Interim Order, the Orezone Shareholder Approval.
In no case shall IAMGOLD, Orezone or New Orezone be required to recognize Dissenting Orezone Shareholders or an Orezone Shareholder at and after the Effective Time, and the names of such Orezone Shareholders shall be removed from the share register of Orezone at the Effective Time.
To the extent that amounts are so withheld, such withheld amounts shall be treated for all purposes hereof as having been paid to the Orezone Shareholder in respect of which such deduction and withholding was made, provided that such withheld amounts are actually remitted to the appropriate taxing authority.