WPD Rights definition

WPD Rights means the rights to acquire WPD Shares pursuant to contractual obligations of WPD.
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WPD Rights means the right(s) to acquire WPD Shares which were held by certain persons who were not registered shareholders of WPD at the time, as more particular described under the heading “General Development of the Business – The Acquisition”.
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Examples of WPD Rights in a sentence

  • Other than the WPD Shares, the WPD Convertible Securities and the WPD Rights, there are no other shares, options, warrants, convertible notes or debentures, agreements, documents, instruments or other writings of any kind whatsoever which constitute a "security" of WPD (as that term is defined in the Securities Act) (British Columbia)”.

  • Other than the WPD Shares issuable upon conversion of the WPD Convertible Securities and issuable pursuant to the WPD Rights, the WPD Shares have been or will be prior to Closing duly authorized and validly issued and are fully paid and non-assessable.

  • Except for the WPD Shares issuable upon conversion of the WPD Convertible Securities and pursuant to the WPD Rights, the WPD Shares to be transferred to Westcot pursuant to the Share Exchange are issued as fully paid and non-assessable”.