Spin Out definition
Spin Out shall have the meaning set forth in Section 2.9(b).
Spin Out has the meaning set forth in the recitals.
Spin Out means the transaction (or series of transactions) whereby the Lender distributes all of the shares of common stock of the Parent Borrower to the holders of the Series A Non-Voting Preferred Stock of the Lender, immediately after which all shares of the Series A Non-Voting Preferred Stock of the Lender are cancelled.
Examples of Spin Out in a sentence
The Parties agree to jointly prepare, certify as required, and submit to the TSXV all documents required by the TSXV in connection with the Listing, including a listing application containing full, true and plain disclosure of all material facts relating to Granja Peru, Granja Gold, the Spin-Out and the Acquisition, all required financial statements and other disclosure.
More Definitions of Spin Out
Spin Out has the meaning set forth in Section 4.5.
Spin Out means the transactions described in that certain Asset Transfer Agreement by and between the Company and NuTech Spine, Inc. dated as of the Closing Date.
Spin Out means a company established by University Personnel for the purpose of developing and commercialising University Intellectual Property;
Spin Out means the transaction (or series of transactions) whereby the Holder distributes all of the shares of common stock of the Company to the holders the Series A Special Non-Voting Preferred Stock of the Holder, immediately after which all shares of the Series A Non-Voting Preferred Stock of the Holder are cancelled. All interest on the principal balance of the Drawdowns outstanding hereunder shall be payable at the rate of 8% per annum, and shall be due and payable to the Holder on the Maturity Date and on any other date on which principal of this Note is repaid or prepaid. Interest shall be computed on the basis of a 360-day year.
Spin Out means the transactions relating to the spin out of Prosperity from Evolving Gold, including the transfer of the Kiyuk Option to Prosperity, the filing and clearance of this Prospectus, and the Dividend.
Spin Out means the distribution by Bevo to its shareholders of the Common Shares previously held by Bevo.
Spin Out means the transactions relating to the spin out of Way of Will from New Wave Holdings, including the filing and clearance of this Prospectus, the issuance of the Units and the issuance of the Dividend;