Equity Share Sample Clauses

Equity Share. The County will complete a benchmark total compensation survey one hundred twenty (120) days prior to the expiration of this agreement, pursuant to Appendix A.
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Equity Share. In the event there does not exist an Event of Default, and Owner, who is not the Developer, wishes to Transfer the Affordable Unit to a Person or Family who is not an Eligible Person or Family, then Owner can Transfer the Affordable Unit only if, in addition to repayment of the City Loan, a share of the equity from the Affordable Unit is paid to the City in the same percentage as the percentage of the City's Loan to the Fair Market Value of the Affordable Unit at the time of the City Loan (the "Equity Share"). Equity subject to sharing shall be calculated by subtracting the Fair Market Value of the Affordable Unit at the time of the Owner’s acquisition of the Affordable Unit from the sales price for a sale to a Person or Family who is not an Eligible Person or Family (less Borrower's Closing Costs and “capital improvements” as such terms are defined herein). When the total amount due to the City under this Agreement, including the Equity Share, is paid, the Agency and City shall remove or cause to be removed this Agreement as a lien on the Affordable Unit, and this Agreement will cease to be a covenant running with the land.
Sample 1
Equity Share. “Equity Share” means the share of appreciation that the Qualified Homebuyer shall pay the Town upon a sale, transfer or any other conveyance of the Home prior to the end of the Period of Affordability. The Equity Share shall be calculated on a pro-rata basis as the ratio of the amount of the NSP Loan to the original sale price of the Home, excluding any increase in value attributable to Capital Improvements made at the Qualified Homebuyer’s expense, and shall be in addition to the amount owed for repayment of the NSP Loan. The Equity Share shall decrease with the Qualified Homebuyer's length of occupancy of the Home as follows: Years 0 through 2 – 0% reduction of Equity Share; Years 3 through 4 – 50% reduction of Equity Share; Years 5 through 8 – 66% reduction of Equity Share; Years 9 through 45 – 100% reduction of Equity Share.
Sample 1
Equity Share. Upon the first to occur of: (i) the sale of Company's Wisconsin Region assets; (ii) the sale of all of Company's assets or equity interests; (iii) the completion of an initial public offering of Company's equity interests; or (iv) a merger of Company with another entity where Company is not the surviving entity, Company agrees to pay Pigeon a one percent (1%) share (the "Equity Share") of the total net equity of the Wisconsin Region (after subtracting Company's capitalization and outstanding debt related to the Wisconsin Region). Notwithstanding the above, if Pigeon's employment by Company is terminated for any reason during the initial five (5) year term of this Agreement, Pigeon shall forfeit twenty percent (20%) of the Equity Share for each year or partial year less than five (5) that Pigeon is employed by Company.
Sample 1
Equity Share. This is the percentage of the market value that Dublin City Council will contributeto the purchase of an affordable dwelling. This will be at least 5% of the market value. This entitles the Council to the same percentage in value of a future sale of the property subject to terms and conditions. It does not establish the Council as a co-owner of the property.
Sample 1
Equity Share. (a) MR3 shall have the right to acquire up to a 50% share in the equity held by Purchaser of any entity operating to exploit or commercialize the Technology under this Agreement (an "Operating Entity"), provided that MR3 may not acquire an equity share greater than that of Purchaser. The purchase price of any such equity share from Purchaser shall be calculated on the basis of the then book value of such Operating Entity at the time of such purchase. MR3 may effectuate such a purchase of equity from the Purchaser by either assigning all or a part of its share in Distributable Profits under Section 4.1 above, or by making a separate cash payment. (b) Should Purchaser sell any of Purchaser's Equity Share in an Operating Entity, prior to MR3 having acquired all of the equity in such Operating Entity to which MR3 would be entitled under Section 4.2 (a) above, then Purchaser shall immediately distribute to MR3 that portion of the equity sale proceeds necessary to equalize the proceeds received by MR3 and Purchaser on a 50/50 basis.
Sample 1
Equity Share. No fractional Shares shall be issued upon conversion of Series A3 CCPS, and the number of Equity Shares to be issued shall be rounded up to the nearest whole number.
Sample 1
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Equity Share 
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Related to Equity Share

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • per Share The Fund is advised that the Underwriters intend (i) to make a public offering of their respective portions of the Firm Shares as soon after the effective date of the Registration Statement as is advisable and (ii) initially to offer the Firm Shares upon the terms set forth in the Prospectus. The Underwriters may from time to time increase or decrease the public offering price after the initial public offering to such extent as they may determine. In addition, the Fund hereby grants to the several Underwriters the option to purchase, and upon the basis of the warranties and representations and subject to the terms and conditions herein set forth, the Underwriters shall have the right to purchase, severally and not jointly, from the Fund, ratably in accordance with the number of Firm Shares to be purchased by each of them, all or a portion of the Additional Shares as may be necessary to cover over-allotments made in connection with the offering of the Firm Shares, at the same purchase price per Share to be paid by the Underwriters to the Fund for the Firm Shares. This option may be exercised by the Representatives on behalf of the several Underwriters at any time and from time to time on or before the forty-fifth day following the date hereof, by written notice to the Fund. Such notice shall set forth the aggregate number of Additional Shares as to which the option is being exercised, and the date and time when the Additional Shares are to be delivered (such date and time being herein referred to as the "Additional Time of Purchase"); provided, however, that the Additional Time of Purchase shall not be earlier than the Time of Purchase (as defined below) nor earlier than the second business day after the date on which the option shall have been exercised. The number of Additional Shares to be sold to each Underwriter shall be the number which bears the same proportion to the aggregate number of Additional Shares being purchased as the number of Firm Shares set forth opposite the name of such Underwriter on Schedule A hereto bears to the total number of Firm Shares (subject, in each case, to such adjustment as the Representatives may determine to eliminate fractional shares).

  • Stock Consideration 3 subsidiary...................................................................53

  • Total Shares Except for the Shares referred to in 2.03, Stockholder does not beneficially own any (i) shares of capital stock or voting securities of the Company, (ii) securities of the Company convertible into or exchangeable for shares of capital stock or voting securities of the Company or (iii) options or other rights to acquire from the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting securities of the Company.

  • Common Shares 4 Company...................................................................................... 4

  • Share In the case of Delivery to it of ADSs representing a number other than a whole number of Shares, the Depositary shall cause ownership of the appropriate whole number of Shares to be Delivered in accordance with the terms hereof, and shall, at the discretion of the Depositary, either (i) return to the person surrendering such ADSs the number of ADSs representing any remaining fractional Share, or (ii) sell or cause to be sold the fractional Share represented by the ADSs so surrendered and remit the proceeds of such sale (net of (a) applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes withheld) to the person surrendering the ADSs. Notwithstanding anything else contained in this ADR or the Deposit Agreement, the Depositary may make delivery at the Principal Office of the Depositary of (i) any cash dividends or cash distributions, or (ii) any proceeds from the sale of any distributions of shares or rights, which are at the time held by the Depositary in respect of the Deposited Securities represented by the ADSs surrendered for cancellation and withdrawal. At the request, risk and expense of any Holder so surrendering ADSs represented by this ADR, and for the account of such Holder, the Depositary shall direct the Custodian to forward (to the extent permitted by law) any cash or other property (other than securities) held by the Custodian in respect of the Deposited Securities represented by such ADSs to the Depositary for delivery at the Principal Office of the Depositary. Such direction shall be given by letter or, at the request, risk and expense of such Holder, by cable, telex or facsimile transmission.

  • Share Consideration Nation Energy Inc., a Wyoming corporation, has agreed to issue on December 17, 2015 600,000,000 of its common shares (the Share Consideration) to Paltar, and Paltar has agreed to certain restrictions on the transfer of such shares, under the terms of the Third Amended and Restated Letter Agreement, dated 30 August 2015 between Nation Energy Inc. and Paltar (the Letter Agreement), in the event that an Exchange Transaction (as defined in the Letter Agreement) has not been consummated on or before December 16, 2015.

  • Company Capital Stock “Company Capital Stock” shall mean the Company Common Stock and the Company Preferred Stock.

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

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down). (b) The Company shall not issue fractions of shares of Common Stock upon exercise of Warrants or distribute stock certificates which evidence fractional shares of Common Stock. Whenever any fraction of a share of Common Stock would otherwise be required to be issued or distributed, the actual issuance or distribution in respect thereof shall be made in accordance with Section 2(d)(v) of the Warrant Certificate.

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