Subordinate Voting Shares definition
Examples of Subordinate Voting Shares in a sentence
Any certificate representing the Subordinate Voting Shares will also bear the following legend (the “U.S. Legend”): “THE SUBORDINATE VOTING SHARES REPRESENTED BY THIS CERTIFICATE ARE ISSUED IN RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”) AND, EXCEPT AS EXPRESSLY PROVIDED HEREIN, HAVE NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OR OTHER APPLICABLE SECURITIES LAWS.
Any certificate representing the Subordinate Voting Shares issued upon the conversion of this Note will bear the following legend (the “Canadian Legend”): “UNLESS PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS SECURITY MUST NOT TRADE THE SECURITY BEFORE NOVEMBER 1, 2025.
Lender shall be solely responsible for any taxes or other governmental charges that may be imposed on ▇▇▇▇▇▇’s income in connection with the issuance or delivery of Subordinate Voting Shares issued and delivered to Lender.
Lender is acquiring this Note and the Subordinate Voting Shares to be issued upon the conversion hereof for investment for its own account, as principal, and not with a view towards, or for resale in connection with, the public sale or distribution of this Note or the Subordinate Voting Shares, except pursuant to sales registered or exempted under the Securities Act and Applicable Securities Legislation.