Examples of Subco in a sentence
Instead, the number of Plantfuel Shares or Amalco Shares issued to each former holder of BeeImmune Shares or Subco Shares will be rounded down to the nearest whole number, and no cash or other consideration shall be paid or payable in lieu of such fraction of such shares.
All notices and other communications given or made pursuant hereto shall be in writing and shall be deemed to have been duly given or made as of the date delivered or sent if delivered personally or sent by e-mail or sent by prepaid overnight courier to the Parties at the following addresses (or at such other addresses as shall be specified by the Parties by like notice): if to Plantfuel or Subco: Plantfuel Life Inc.
No fractional Plantfuel Shares or Amalco Shares will be issued or delivered to any former BeeImmune Shareholders or the former Subco Shareholder otherwise entitled thereto, if any.
Amalco will add to its capital maintained in respect of the Amalco Shares an amount equal to the aggregate paid-up capital, for purposes of the Tax Act, of the Subco Shares and the BeeImmune Shares immediately prior to the Amalgamation (less the paid-up capital of any Dissenting BeeImmune Shares held by Dissenting Shareholders who do not exchange their BeeImmune Shares for Plantfuel Shares on the Amalgamation).
The signing and delivery of the Amalgamation Application by BeeImmune and Subco shall be conclusive evidence that such conditions have been satisfied to the satisfaction of BeeImmune and Plantfuel, or waived by the Party entitled to make such waiver, and that BeeImmune and Subco may amalgamate in accordance with the provisions of this Agreement.