Sub Receipts definition
Sub Receipts means the subscription receipts issued pursuant to the Concurrent Offering and governed by the Subscription Receipt Agreement, each such Sub Receipt to be automatically exchanged for one common share of the Resulting Issuer upon satisfaction of the Sub Receipt Conditions;
Examples of Sub Receipts in a sentence
At the Time of Closing there will not be any outstanding subscriptions, options, rights, warrants or other agreements or commitments obligating UQ to sell or issue any additional shares or securities of any class of UQ or any securities convertible into any shares of any class of UQ, other than the UQ Options, the UQ Warrants, and the Sub Receipts pursuant to the Concurrent Offering.