Subordinate Voting Shares definition
Examples of Subordinate Voting Shares in a sentence
On any Trading Day in which the Investor bought or sold any Subordinate Voting Shares, or on any other Trading Day at the reasonable request of the Company, the Investor agrees to provide the Company with trading reports setting forth the number of Subordinate Voting Shares held long by the Investor, the number of Subordinate Voting Shares sold by the Investor and the average sales price of Subordinate Voting Shares sold by the Investor during such Trading Day.
The issuance and sale of the Subordinate Voting Shares hereunder shall be made in accordance with the provisions and requirements of Section 4(a)(2) of the Securities Act and any applicable state securities law.
The Company is aware and acknowledges that issuance of Subordinate Voting Shares hereunder could cause dilution to existing shareholders and could significantly increase the outstanding number of Subordinate Voting Shares.
There is an effective Registration Statement pursuant to which the Investor is permitted to utilize the prospectus thereunder to resell all of the Subordinate Voting Shares issuable pursuant to such Advance Notice.
The Company is aware and acknowledges that it shall not be able to request Advances under this Agreement if a Registration Statement is not effective or if any issuances of Subordinate Voting Shares pursuant to any Advances would violate any rules of the Principal U.S.