SMC Shares definition

SMC Shares has the meaning ascribed in Recital A;
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SMC Shares means all of the issued and outstanding shares of Springer Mining Company which GPUS sold to SPD pursuant to the SPD Share Purchase Agreement.
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Examples of SMC Shares in a sentence

  • GPUS is the legal and beneficial owner of all of the outstanding common shares (the "SMC Shares") in the capital of Springer Mining Company ("SMC") and all of the outstanding common shares (the "NRC Shares" and together with the SMC Shares, the "Shares") in the capital of Nevada Royalty Corp.

  • GPUS is the legal and beneficial owner of all of the outstanding common shares (the "SMC Shares") in the capital of Springer Mining Company and all of the outstanding common shares (the "NRC Shares" and together with the SMC Shares, the "Shares") in the capital of Nevada Royalty Corp.

  • Except for the SMC Shares there are no other outstanding securities, obligations, rights, subscriptions, warrants options or the right to purchase shares of SMC Common Stock.

  • The SMC Shares and the EWP Shares may be referred to herein collectively as the “Shares”.

  • The SMC Shares are duly authorized, fully paid and non-assessable shares; subject to no lien, claim, charge or encumbrance of any kind or nature; will not be subject to any shareholders agreement, right of first refusal or preemptive rights; and will constitute 100% of the issued and outstanding shares of SMC Common Stock.