Examples of Purchaser Consideration Shares in a sentence
The Purchaser Consideration Shares, when issued and delivered in accordance with the terms and for the consideration set forth in this Agreement, will be duly authorized and validly issued, fully paid and non-assessable, and will be free and clear of any Encumbrances and restrictions on transfer other than any restrictions or conditions on transfer under this Agreement, Purchaser’s Constitutional Documents, each as amended, and under applicable Laws.
After the Lock-up Period and upon the request of the Seller, the Purchase shall use its best efforts to facilitate the conversion of the Purchaser Consideration Shares into ADSs in accordance with ADS conversion procedures of the Depositary.
Last week, the Prime Minister of Canada announced a grant of 100 million Canadian dollars to support our work in “3 by 5”.
The Secured Promissory Note shall be paid to TriFit and CIBC in an allocation to be determined by the parties and, 170 shares shall be issued to TriFit and 30 shares to CIBC as the Purchaser Consideration Shares.
The consideration for the sale and purchase of the Health Walk Sale Shares will be satisfied by the allotment and issue, credited as fully paid, of subject as mentioned below, the Purchaser Consideration Shares to Town Health BVI.
The Purchaser Consideration Shares to be issued as part of the Purchase Price will, when issued at the Closing Time, be duly authorized and validly issued as fully paid and non-assessable common shares in the capital of the Purchaser free and clear of all Encumbrances and not be subject to or issued in violation of, any pre-emptive rights or back-in rights.
Such increased portion of the consideration will be satisfied by the allotment and issue of, credited as fully paid, the Additional Purchaser Consideration Shares (i.e. 1,078 new Purchaser Shares) to Town Health BVI (and/or its nominee) at Completion.
The Purchaser Consideration Shares, the Additional Purchaser Consideration Shares and the Health Check BVI Capitalisation Shares will not be subject to any transfer restrictions upon their allotment and issue.
Consideration The consideration for the acquisition of the Health Walk Sale Shares (if the Consideration Adjustment Event does not occur) is HK$70,200,000, which will be satisfied by the allotment and issue of the Purchaser Consideration Shares (i.e. 3,822 new Purchaser Shares) by the Purchaser to Town Health BVI (and/or its nominee as directed in writing) on Completion.
The Purchaser Consideration Shares or the Subject Shares, which are subject to the lock-up under this Section 5.11, may be released at any time prior to the expiration of the Lock-up Period if there is a written consent of the Purchaser or the Seller, as applicable, for the release of such shares.