Examples of Xxx Xxxxx Shares in a sentence
This section highlights the recovery assistance that the CPCB RSF can provide as part of Federal recovery support efforts.
Upon quotation of the Xxx Xxxxx Shares on the NASD Over-the-Counter Bulletin Board, JML shall complete a registered public offering of a minimum of 1,000,000 shares and a maximum of 2,000,000 shares of its common stock (the “Public Offering”) at an estimated price of USD $0.30 per share for gross proceeds of between USD $300,000 and USD $600,000 before commissions.
Upon completion of the sale and transfer of the Xxx Xxxxx Shares to JML, JML shall also file a Form SB-2 or similar registration statement with the SEC covering the sale of up to 2,500,000 shares in the common stock of JML held, or to be held by current and future shareholders of JML.
The purchase price payable by JML to the Xxx Xxxxx Shareholders for the Xxx Xxxxx Shares is $1,650,000.00 in U.S. currency (the “Purchase Price”) payable on the Closing Date by the issuance of 16,500,000 common shares in the capital stock of JML (the “JML Shares”).
Any funds held by the Depositary that remain undistributed to former Xxx Xxxxx Shareholders nine months after the Effective Date shall be delivered to NewCo, or its successor, upon demand therefor, and holders of certificates previously representing Xxx Xxxxx Shares who have not theretofore complied with Section 4.1 shall thereafter, subject to Section 5.5, look only to NewCo, or its successor, for payment of any claim to cash.
The Xxx Xxxxx Shares shall have been canceled ---------------- and the balance of the purchase price for the Xxx Xxxxx Shares shall have been paid by the Company at or prior to the Closing.
When the Client enters into an Options Contract with the Bank, the Bank will act as counterparty to the Client.
The parties agree that, on the terms and subject to the conditions of this Agreement, at the Closing, Xxxx-Son will purchase from B&G, and B&G will transfer, sell and convey to Xxxx-Son, an aggregate of 15,000 shares of common stock, $1.00 par value per share, of Xxx Xxxxx (the "Xxx Xxxxx Shares"), representing all of the issued and outstanding capital stock of, and all of the voting power in, Xxx Xxxxx.
The receipt of cash pursuant to the Acquisition by a US holder of Xxx Xxxxx Shares as consideration for the transfer of its Scheme Shares pursuant to the Scheme may be a taxable transaction for US federal income tax purposes and under applicable US state and local, as well as foreign and other, tax laws.
In particular, the ability of persons who are not resident in the United Kingdom to vote their Xxx Xxxxx Shares with respect to the Scheme at the Court Meeting, or to execute and deliver forms of proxy appointing another to vote at the Court Meeting on their behalf, may be affected by the laws of the relevant jurisdictions in which they are located.