RDT Shares definition
Examples of RDT Shares in a sentence
As of the Agreement Date, the authorized share capital of RDT consists of an unlimited number of RDT Shares.
RDT Shares which are held by a RDT Dissenting Shareholder shall not be exchanged as prescribed by Subsection 2.4(k)(i) and shall be deemed to have been surrendered to RDT for cancellation immediately prior to the Effective Time.
To the best of RDT’s knowledge, neither RDT nor any of the RDT Shareholders is a party to any security agreement, pledge agreements or other similar type of arrangement in respect of which RDT Shares or any of the shares of the RDT Subsidiaries have been charged, encumbered or otherwise provided as collateral.
All offers and sales of securities in the capital of RDT from treasury or by RDT including, without limitation, the RDT Shares and the RDT Warrants have been made in material compliance with all applicable Securities Laws.
All outstanding RDT Shares have been duly authorized and validly issued, are fully paid and non-assessable and are not subject to, nor were they issued in violation of, any pre-emptive rights.
Any certificate formerly representing RDT Shares which is not deposited with the Depositary on or prior to the day prior to the fifth (5th) anniversary of the Effective Date shall cease to represent a right or claim of any kind or nature whatsoever.
However, if a RDT Dissenting Shareholder fails to perfect or effectively withdraws its claim under Section 191 of the BCBCA or forfeits its right to make a claim under Section 191 of the BCBCA or if its rights as a RDT Shareholder are otherwise reinstated, such RDT Shareholder’s RDT Shares shall thereupon be deemed to have been exchanged as of the Effective Date as prescribed by Subsection 2.4(k).