Examples of RYU Canada in a sentence
As soon as practicable after the Effective Date, RYU Canada will cause the Transfer Agent to deliver instructions on how RYU shareholders may obtain share certificates representing the RYU Canada Common Shares to the holders of the Common Shares following the Arrangement and Share Exchange.
The Common Shares exchanged for RYU Canada Common Shares pursuant to section 4.1.1 will be cancelled.
Each issued and outstanding Common Share, except those referred to in section 5.1, will be exchanged for one RYU Canada Common Share.
All holders of Common Shares, except for dissenting holders of Common Shares, will exchange each Common Share for one RYU Canada Common Share.
The name of such Shareholder will be removed from the register of holders of Common Shares with respect to the Common Shares so exchanged and will be added to the registers of the holders of RYU Canada Common as the holder of the number of RYU Canada Common Shares, respectively, so issued to such Shareholder.
The respective representations, warranties and covenants of RYU and RYU Canada contained herein will expire and be terminated and extinguished at and from the Effective Date, other than the covenants in sections 3.1(c) and 3.2(b) and no party will have any liability or further obligation to any party hereunder in respect of the respective representations, warranties and covenants thereafter, other than the covenants in sections 3.1(c) and 3.2(b).
In connection with such exchange, each Shareholder will cease to be the holder of the Common Shares so exchanged and will become the holder of RYU Canada Common Shares issued to such Shareholder.
RYU currently holds one common share in the capital of RYU Canada.
The exchange of Common Shares for RYU Canada Common Shares will occur on the Effective Date as set out herein.