Old Common Shares definition

Old Common Shares means the common shares in the authorized share structure of the Company that have been re-designated as class A common shares without par value pursuant to the Plan of Arrangement,

Old Common Shares means the common shares in the authorized share structure of the Company that have been re-designated as Class A Common Shares without par value pursuant to the Plan of Arrangement,

Old Common Shares means the common shares of ICG issued and outstanding as of the Petition Date.

Examples of Old Common Shares in a sentence

• The rights, privileges, restrictions and conditions attached to the Parentco Old Common Shares are as set out in the notice of articles and articles of Parentco most recently filed on SEDAR.

• Computershare Investor Services Inc., at its offices in Vancouver, British Columbia, is the duly appointed registrar and transfer agent of Parentco with respect to the Parentco Old Common Shares and, following the Effective Date, will be the duly appointed registrar and transfer agent of Parentco with respect to the Parentco New Common Shares.

• Pursuant to the Plan of Arrangement, after holders of the Parentco Old Common Shares receive replacement Parentco New Common Shares and replacement Spinco Common Shares, the identifying name of the Parentco New Common Shares will be changed from “Class B Common shares” to “Common shares”.

• All of the issued and outstanding Parentco Old Common Shares are fully paid and non-assessable and have been duly authorized and issued, in compliance with Applicable Laws and not in violation of or subject to any pre-emptive or similar right that entitles any Person to acquire from Parentco any Parentco Old Common Shares or other securities of Parentco or any of its Subsidiaries.

• As of the date hereof, there were 48,453,869 Parentco Old Common Shares issued and outstanding.

• After holders of the Parentco Old Common Shares receive replacement Parentco New Common Shares and replacement Spinco Common Shares, the Parentco Old Common Shares will be cancelled and the capital in respect of such shares shall be reduced to nil.

• Ranking: In the event of any voluntary or involuntary liquidation, dissolution or winding- up of Parentco or any other distribution of Parentco’s assets among its shareholders for the purpose of winding-up its affairs, holders of Parentco Old Common Shares are entitled to share equally, share for share, in the remaining property of Parentco.

• The authorized share capital of Parentco consists of an unlimited number of Parentco Old Common Shares.

• Pursuant to the Plan of Arrangement, the identifying name of the Parentco Old Common Shares will be changed from “Common shares” to “Class A Common shares”, and the special rights and restrictions attached to such shares will be amended to provide the holders thereof with two votes in respect of each share held.

• The authorized share structure of Parentco shall be reorganized and altered by eliminating the Parentco Old Common Shares from the authorized share structure of Parentco.

More Definitions of Old Common Shares

Old Common Shares means the class of shares of Savient Pharmaceuticals, Inc. designated as its common shares, that were issued and outstanding as of the Petition Date.

Old Common Shares means the two classes of common shares of Holdings issued and outstanding as of the Petition Date, together with any and all options, warrants and other rights in respect of such common stock.