Strathmore Butterfly Shares definition

Strathmore Butterfly Shares means the new preferred shares which Strathmore will create and issue as described in the Plan of Arrangement and for which the Strathmore Class A Shares are, in part, to be exchanged under the Plan of Arrangement;
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Examples of Strathmore Butterfly Shares in a sentence

  • After the time of redemption, the Strathmore Butterfly Shares will be delisted from the Exchange.

  • While each shareholder’s fractional Strathmore Butterfly Shares will be combined, no fractional shares will be issued and shareholders will not receive any compensation in lieu thereof.

  • The exercise price paid will be split between Strathmore and Fission Energy on the same ratio that the fair market value of the Spin-Out Assets has to the fair market value of all assets of Strathmore.In addition to the principal steps of the Arrangement occurring in the chronological order set out above, the time for the redemption of the Strathmore Butterfly Shares set out in step (g) above will be deemed to occur immediately upon the listing of the Strathmore Butterfly Shares on the Exchange.

Related to Strathmore Butterfly Shares

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Company Shares means the common shares in the capital of the Company;

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • ASA Shares has the meaning set forth in 2.4(a).

  • Newco Shares means the common shares in the capital of Newco;

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Acquired Shares has the meaning set forth in the Recitals.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Company Shareholder means a holder of one or more Company Shares;

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Share Company means the Share Company specified in the Table.

  • Subco Shares means the common shares in the capital of Subco.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Time-share estate means a right to occupy a condominium unit or any of several condominium units during 5 or more separated time periods over a period of at least 5 years, including renewal options, coupled with a freehold estate or an estate for years.