Subco Shares definition
Examples of Subco Shares in a sentence
Prior to the Effective Date (iii) Subco Parent shall transfer certain worldwide rights (excluding the People’s Republic of China, Taiwan and Hong Kong) to the PARP Inhibitor Program Technology, as more specifically defined in Schedule B (the “Technology”) to Subco in consideration for 30,000,000 Subco Shares issued to Subco Parent and having a deemed aggregate value of $6,000,000.
A registered holder of Subco Shares is not entitled to exercise Dissent Rights with respect to Subco Shares if such holder votes (or instructs, or is deemed, by submission of any incomplete proxy, to have instructed his, her or its proxyholder to vote) in favour of the Subco Amalgamation Resolution.
In no circumstances shall any Person be required to recognize a Person exercising Dissent Rights unless such Person is a registered holder of Subco Shares in respect of which such Dissent Rights are sought to be exercised.