Core Shares definition

Core Shares. Non-redeemable voting shares of the Company which are not classified as Cell Shares and carrying the rights attached thereto pursuant to the Constitution
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Core Shares means 4,462,764 Shares, constituting all the Shares that are held by Koor and/or Elbit on the date specified in the preamble to this Deed, together with all the bonus shares that may be issued in the future in respect thereof and together with all the Shares that are acquired on issue by virtue of rights that are vested in the context of a rights offering of the Company to its shareholders in respect of those Shares.
Sample 1
Core Shares means 4,462,764 Shares, constituting all the Shares that are held by Koor and/or Elbit on 27 December 2004, the date specified in the preamble to this Deed, together with all the bonus shares that may be issued in the future in respect thereof and together with all the Shares that are acquired on issue by virtue of rights that are vested in the context of a rights offering of the Company to its shareholders in respect of those Shares.
Sample 1

Examples of Core Shares in a sentence

  • The Core Shares will accrue on a cumulative basis all dividends paid on such shares from the date of actual issuance through the date of vesting.

  • The restricted shares of Common Stock that comprise the Core Award (the "Core Shares") will be granted to the Grantee under the Company's 2002 Stock Option Plan (the "Plan"), the terms and conditions of which are hereby incorporated by reference.

  • The Core Shares will not be transferable by the Grantee until such shares become vested in accordance with Section 3.

  • Subject to Section 12, as soon as practicable after any Core Shares become vested, the Company will pay to the Grantee in cash or in kind (as applicable) the dividends accrued with respect to such shares.

  • Subject to Section 12, as soon as practicable after any portion of the Grantee's Core Shares become vested and transferable (as determined under Section 3), the Company will instruct its stock transfer agent (i) to issue certificates to the Grantee representing such vested Core Shares without the legends contemplated under Section 1 and (ii) to process any applicable transfers of such vested Core Shares.

  • As and when the Executive becomes vested with respect to the Core Shares, the Company shall cause certificates representing the vested Core Shares, without any legend or other restrictions noted thereon, to be delivered to the Executive promptly after the Termination Date.

  • On March 13, 2004, the Executive shall become vested with respect to, and the restrictions shall lapse on, 18.75% of the Core Shares, so long as the Executive would have become vested with respect to such Core Shares had the Executive remained continuously employed with the Company through that date.

  • In addition, notwithstanding any provision of this Agreement to the contrary, no Core Shares or Special Outperformance Award will become vested or be paid at a time that such vesting or payment would result in a violation of any such law.

  • In addition, on the Termination Date, the Company shall pay to the Executive any dividends that have accrued with respect to the Executive's vested Core Shares.

  • In addition, notwithstanding any provision of this Agreement to the contrary, no Core Shares or Special Award will become vested or be paid at a time that such vesting or payment would result in a violation of any such law.

Related to Core Shares

  • Common Shares means the common shares in the capital of the Company;

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Mature Shares means Shares for which the holder thereof has good title, free and clear of all liens and encumbrances, and which such holder either (i) has held for at least six months or (ii) has purchased on the open market.

  • Coop Shares Shares issued by a Cooperative Corporation.