Midco Shares definition

Midco Shares means any shares directly held by Midco in any member of the Group.
Midco Shares ordinary shares in the capital of MidCo; “Xx. Xxx” Xx. Xxx Kaling, a non-executive Director; “Xx. Xxx” Mr. Min-Liang Tan, the Chairman of the Board, an executive Director and the chief executive officer of the Company; “Non-Founder RSU Holder(s)” RSU Holders other than the Founder RSU Holders; “Offeror” Ouroboros (I) Inc., an exempted company incorporated in the Cayman Islands with limited liability, which is directly wholly owned by MidCo;
Midco Shares means non-voting common shares in the capital of Midco.

Examples of Midco Shares in a sentence

  • Immediately following the receipt by Holdco of the Rollover Shares from the Rollover Shareholders pursuant to Section 2.2 of this Agreement and immediately prior to the Closing, Holdco shall contribute the Rollover Shares to Midco in exchange for Midco Shares and Midco shall accept such contribution of the Rollover Shares by Holdco.

  • The Executive Officers are eligible to enter into Rollover Agreements pursuant to which they will agree to (a) exchange at least 50 per cent of the value of the Shares held by them for Midco Shares; (b) exchange at least 50 per cent of the value of all Options held by them for Midco Options; and (c) invest at least 25 per cent of the cash proceeds payable for their RSUs and PSUs under the Arrangement in Midco Shares at a subscription price of $31.00 per Midco Share.

  • As of the Record Date, an aggregate of 144,244 votes will be required to be excluded pursuant to MI 61-101, which are comprised of the Shares held by the Executive Officers since they are eligible to enter into Rollover Agreements pursuant to which they will agree to roll over some or all of their Shares and Options for Midco Shares and Midco Options, respectively, under the Arrangement.

  • As of immediately prior to the Distribution, the only securities of the Company outstanding shall be Company Units and the only securities of Midco outstanding shall be Midco Shares.

  • Effective immediately prior to the Effective Time, the Company will distribute one hundred percent (100%) of the issued and outstanding Midco Shares to the Company Equityholders, and the Company Equityholders’ ownership of such Midco Shares shall be reflected on the books and records of Midco.

  • Immediately following the receipt by Holdco of the Rollover Shares from the Rollover Shareholders pursuant to Section 2.2 of this Agreement and immediately prior to the Closing, Holdco shall contribute the Rollover Shares to Midco in exchange for Midco Shares and Midco shall accept such contribution of the Rollover Shares by Holdco.Section 2.4 Contribution of Rollover Shares by Midco to Parent.

  • The Merger Consideration payable in accordance with the terms hereof shall be deemed to have been paid in full satisfaction of all rights pertaining to all Midco Shares and there shall be no further registration of transfers on the records of Midco of Midco Shares that were outstanding immediately prior to the Effective Time.

  • Under the terms of the Rollover Agreements, it is anticipated that: (a) each Rollover Share would be exchanged for one Midco Share valued at $31.00 per Midco Share; (b) each Rollover Option would be exchanged for one Midco Option to purchase a Midco Share at the same exercise price as the Rollover Option for which it was exchanged; and (c) the cash proceeds received for their RSUs and PSUs under the Arrangement would be invested in Midco Shares at a subscription price of $31.00 per Midco Share.

  • Immediately following the receipt by Holdco of the Rollover Shares fromthe Rollover Shareholders pursuant to S ection 2.2 of this Agreement and immediately prior to the Closing, Holdco shall contribute the Rollover Shares to Midco in exchange for Midco Shares and Midco shall accept such contribution of the Rollover Shares by Holdco.


More Definitions of Midco Shares

Midco Shares has the meaning given to it in Clause 4.1(d). "Notice" has the meaning given to it in Clause 17.1.‌
Midco Shares means non-voting common shares in the capital of Midco. “Minister” means the Minister referred to in the CT Act. “Misrepresentation” has the meaning given to it under Securities Laws.

Related to Midco Shares

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Subco Shares means the common shares in the capital of Subco;

  • Amalco Shares means common shares in the capital of Amalco;

  • Newco Shares means the common shares in the capital of Newco;

  • Company Shares has the meaning set forth in the Recitals.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Pubco Shares means fully paid and non-assessable common shares of Pubco to be issued to the Selling Shareholders by Pubco upon Closing on the basis of 1 Pubco Share for 5.4935 Priveco Shares;

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

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

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Ordinary Shareholder means a holder of ordinary shares;

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

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

  • Sold Shares shall have the meaning specified in Section 6.

  • Acquired Shares has the meaning set forth in the Recitals.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;