Examples of Zarlink Shares in a sentence
The authorized share capital of Zarlink consists of an unlimited number of Zarlink Shares and an unlimited number of Zarlink Preferred Shares issuable in series.
As of the close of business on August 30, 2011, there were issued and outstanding 123,130,475 Zarlink Shares, no Zarlink Preferred Shares, $68,899,000 of principal amount of Zarlink Debentures and a total of 9,500,341 Zarlink Shares were issuable upon the exercise of outstanding Zarlink Options.
Subsequent to August 30, 2011: (i) no Zarlink Preferred Shares, Zarlink Options or Zarlink Debentures were issued; and (ii) no Zarlink Shares were issued, except to the extent of the issuance of the appropriate amount of Zarlink Shares issued pursuant to the exercise of Zarlink Options outstanding on August 30, 2011 or the issuance of the appropriate amount of Zarlink Shares upon the conversion of Zarlink Debentures outstanding on August 30, 2011.
The Offeror intends to acquire all of the outstanding Zarlink Shares and Zarlink Debentures pursuant to the Offers, the redemption of the Zarlink Debentures and/or compulsory acquisition or second-step transaction effected in connection therewith.
Compensation Committee --------------------------------- -------------------- --------------------------------------------- ----------------------- Kirk Mandy July 11, 2002 Independent Management Consultant since May 107,870 Series B Ottawa, Ontario 2001, Vice Chairman of Zarlink Shares Semiconductor Inc.
Notwithstanding anything herein to the contrary, neither the Borrower nor any of its Subsidiaries shall own any Margin Stock; provided that, prior to the Zarlink Compulsory Acquisition Closing Date or the Zarlink Subsequent Acquisition Closing Date, as the case may be, the Borrower and Zarlink Offeror shall be permitted to own Zarlink Shares that constitute Margin Stock.
Under applicable securities legislation, Microsemi is deemed to be the indirect owner of such Zarlink Shares and Zarlink Debentures.
In addition to the Zarlink Shares taken-up by the Offeror, Microsemi owns 100 Zarlink Shares acquired on July 8, 2011 at a price of CAD$2.43 per share.
For greater certainty, no additional payment will be made for any SRP Rights and no amount of consideration to be paid by the Offeror for the Zarlink Shares will be allocated to any SRP Rights associated with any Zarlink Shares deposited to the Share Offer and taken up and paid for by the Offeror.
Permit the Zarlink Acquisition Consideration Blocked Amount, if any, to be used for any purpose other than (i) redeeming, repurchasing or retiring the Zarlink Debentures, (ii) purchasing Zarlink Shares and (iii) consummating any Zarlink Offer Extension, Zarlink Compulsory Acquisition or Zarlink Subsequent Acquisition Transaction, as the case may be, in each case, on the same terms set forth in the Zarlink Offer Documents (or terms more favorable to the Borrower).