Bound Shares, Unbound Shares, and Ownership of the Shares Sample Clauses

Bound Shares, Unbound Shares, and Ownership of the Shares. This Agreement binds the totality of the common shares in the Company identified in the column “Bound Shares” of the table in Clause 3.2.1 below, owned by the Stockholders, or such as may in the future, by them or by their permitted assignees or successors in accordance with this Agreement, be owned as a result of the ownership of such common shares, due to any reason or process, including by subscription, acquisition, share bonus, distribution of dividends paid in shares, capitalization of credits, profits or other reserves, or any share split or reverse share split, or as a result of exchange, conversion, absorption (including absorption of shares), merger, corporate split or any other type of stockholding reorganization, and also securities that are convertible into shares in the Company or rights of first refusal or preference for subscription thereof (in all cases, ‘Bound Shares’). The common shares identified in the column “Unbound Shares” of the table in Clause 3.2.1 below, owned by the Stockholders or such as are or may in the future, by them or by their permitted assignees or successors in accordance with this Agreement, be owned exclusively as a result of the ownership of such common shares, due to any reason or process (‘Unbound Shares’), and when referred to jointly with the Bound Shares (‘Shares’), are not bound by nor are subject to the provisions of this Agreement, except in the terms of Clause 3.2.2 below.
Sample 1Sample 2
AutoNDA by SimpleDocs

Related to Bound Shares, Unbound Shares, and Ownership of the Shares

  • Shares The term “

  • Ownership of Shares The ownership of Shares shall be recorded on the books of the Trust or a transfer or similar agent for the Trust, which books shall be maintained separately for the Shares of each Series (and class). No certificates evidencing the ownership of Shares shall be issued except as the Board of Trustees may otherwise determine from time to time. The Trustees may make such rules as they consider appropriate for the transfer of Shares of each Series (and class) and similar matters. The record books of the Trust as kept by the Trust or any transfer or similar agent, as the case may be, shall be conclusive as to the identity of the Shareholders of each Series (and class) and as to the number of Shares of each Series (and class) held from time to time by each Shareholder.

  • Membership Interests The Sole Member currently owns one hundred percent (100%) of the percentage interests in the Company.

  • Transfer and Ownership of Warrants (1) The Warrants may only be transferred on the register kept by the Warrant Agent at the Warrant Agency by the holder or its legal representatives or its attorney duly appointed by an instrument in writing in form and execution satisfactory to the Warrant Agent only upon (a) in the case of a Warrant Certificate, surrendering to the Warrant Agent at the Warrant Agency the Warrant Certificates representing the Warrants to be transferred together with a duly executed transfer form as set forth in Schedule “A” and (b) in the case of Book Entry Warrants, in accordance with procedures prescribed by the Depository under the book entry registration system, and (c) upon compliance with:

  • Ownership of Warrants The Corporation and the Warrant Agent may deem and treat the Registered Warrantholders as the absolute owner thereof for all purposes, and the Corporation and the Warrant Agent shall not be affected by any notice or knowledge to the contrary except where the Corporation or the Warrant Agent is required to take notice by statute or by order of a court of competent jurisdiction. The receipt of any such Registered Warrantholder of the Common Shares which may be acquired pursuant thereto shall be a good discharge to the Corporation and the Warrant Agent for the same and neither the Corporation nor the Warrant Agent shall be bound to inquire into the title of any such holder except where the Corporation or the Warrant Agent is required to take notice by statute or by order of a court of competent jurisdiction.

  • Shareholder Rights With respect to the foreign securities held pursuant to this Section 4, the Custodian will use reasonable commercial efforts to facilitate the exercise of voting and other shareholder rights, subject always to the laws, regulations and practical constraints that may exist in the country where such securities are issued. The Fund acknowledges that local conditions, including lack of regulation, onerous procedural obligations, lack of notice and other factors may have the effect of severely limiting the ability of the Fund to exercise shareholder rights.

  • Warrantholder not a Shareholder Except as may be specifically provided herein, nothing in this Indenture or in the holding of a Warrant Certificate, entitlement to a Warrant or otherwise, shall, in itself, confer or be construed as conferring upon a Warrantholder any right or interest whatsoever as a Shareholder, including, but not limited to, the right to vote at, to receive notice of, or to attend, meetings of Shareholders or any other proceedings of the Corporation, or the right to Dividends and other allocations.

  • Title and Ownership Warranty Contractor warrants, represents and conveys (i) full ownership, clear title free of all liens, or (ii) the right to transfer or deliver perpetual license rights to any Products transferred to Authorized User under this Contract. Contractor shall be solely liable for any costs of acquisition associated therewith. Contractor fully indemnifies the Authorized User for any loss, damages or actions arising from a breach of said warranty without limitation.

  • Adjustment of Number of Common Shares and Exercise Price The subscription rights in effect under the Warrants for Common Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:

  • Common Stock 1 Company........................................................................1

Time is Money Join Law Insider Premium to draft better contracts faster.