Remaining Shares definition

Remaining Shares has the meaning set forth in Section 4.1.2.

Remaining Shares has the meaning set forth in Section 5.1(a)(i).

Remaining Shares has the meaning specified in Section 2.3(c).

Examples of Remaining Shares in a sentence

• The Defaulting Member shall accept the highest Qualifying Bid which is received by the Sale Agent (with the relevant Suitable Third Party being referred to as the " Purchaser") by the end of sixty (60) Business Days from the Instruction to Sell Notice (the "Closing Date") and shall take all steps necessary to complete the transfer of its Defaulting Member's Remaining Shares [and any Defaulting Member's Remaining B Shareholder Debt] to the Purchaser within ten (10) Business Days of the Closing Date.

• If the difference between the fair market value determined by the Remaining Holder Expert and the Acquiror Purchase Price is not more than ten percent (10%) of the higher valuation, the purchase price for the Remaining Shares shall be the average of the Acquiror Purchase Price and the fair market value determined by the Remaining Holder Expert.

• If the difference between the fair market value determined by the Remaining Holder Expert and the Acquiror Purchase Price is greater than ten percent (10%) of the higher valuation, the Acquiror Expert and the Remaining Holder Expert shall select and engage, at the expense of the Company, a third investment banking firm of international reputation to determine the fair market value of the Remaining Shares within sixty-five (65) days of the date of the Notice of Objection.

• The closing of such sale and purchase shall occur as promptly as practicable after the service of the Compulsory Acquisition Notice or the determination of the Purchase Price (whichever is later); provided that no Remaining Holder shall be required to sell, and the Acquiror shall not be required to purchase, any Remaining Shares if such purchase or sale would violate any applicable law, regulation or order.

• If any Remaining Holder does not (or cannot) make any such representations, or the Acquiror determines before or after its acquisition of the Remaining Shares held by such Remaining Holder that such representations are incorrect, then the Acquiror may, at its option, determine not to acquire such Remaining Holder’s Remaining Shares or, if it has already acquired such shares, pursue any remedies it has against such Remaining Holder for breach of such representations, as applicable.

More Definitions of Remaining Shares

Remaining Shares has the meaning stated in Section 6(b).

Remaining Shares has the meaning set forth in Section 9.18(a).

Remaining Shares has the meaning that is attributed to the term in item 11.8 of this Agreement.

Remaining Shares means the aggregate number of New Common Shares that have not been subscribed for and purchased, if any, in the Senior Noteholder Rights Offering as of the Offering Deadline.

Remaining Shares are defined in Section 5.3;

Remaining Shares means, with respect to the VC Shareholder, such VC Shareholder’s Subject Shares less such VC Shareholder’s Minimum Tender Amount (or, if higher, the number of Shares validly tendered into the Offer and not validly withdrawn by such VC Shareholder as reflected on the Tender Statement);

Remaining Shares means the Shares purchased and sold at the Second Closing, including 8% Preference Shares purchased by Purchaser pursuant to Rights held by Purchaser.