Examples of Terasen Options in a sentence
As of June 30, 2005, there were outstanding Terasen Options permitting the holders thereof to purchase 3,084,090 Terasen Common Shares in the aggregate.
From June 30, 2005 to the date of this Agreement no Terasen Options have been granted.
Common Shares and Cash Optionholders shall be entitled to receive any cash and Kinder Common Shares to which they are entitled under paragraph 3.1(e) by executing and delivering to the Depository such documentation as Kinder may reasonably require acknowledging the transfer to Subco and subsequent termination of the Terasen Options held by such Optionholder in exchange for the consideration described in Section 3.1(e) hereof.
The actual number of Kinder Common Shares to be issued and cash paid will depend on the actual number of outstanding Terasen Common Shares and Terasen Options at the Effective Time.
Since December 31, 2004, except for issuances of Terasen Common Shares pursuant to Terasen Options granted prior to the date of this Agreement or pursuant to the Terasen Dividend Reinvestment Plan, there have been no Terasen capital stock, voting securities or securities convertible or exchangeable therefor issued or purchased for cancellation.
The Unaudited Pro Forma Statements have been prepared based on the Mixed Consideration and reflect the assumed issuance of a total of 12,425,346 Kinder Common Shares and the payment of approximately US$2.02 billion (Cdn$2.48 billion) in cash in exchange for all of the outstanding Terasen Common Shares and Terasen Options.