Holding of Shares. The shareholder and the Company agree that the supply of water requires:
(a) The Shareholder to hold the number of shares in the Company specified in Schedule 1 or such other number of shares specified by the Company from time to time.
(b) To use the water supplied by the Company on the consented area on the Property specified in Schedule 1 or such other property to which the Company has given its consent.
(c) To have provided to the Company all environmental reports to a standard required by the Company and complied with the policies and standards of the Company
Holding of Shares. The Escrow Agent shall hold the ----------------- Shares in a segregated escrow account (the "Escrow Account") in a securities -------------- brokerage firm where it normally holds such Shares or shall hold the Shares in certificated form, in the discretion of the Escrow Agent, and shall hold the Put Warrants in escrow.
Holding of Shares. For so long as Photronics or DNP, directly or indirectly, owns Shares in the Company, Photronics or DNP, as applicable, must own and hold such Shares either (a) by itself or (b) through one or more wholly owned (including indirect wholly owned) subsidiaries.
Holding of Shares. 3.1 The supply of Water by the Company to the Xxxxxx is conditional upon the Xxxxxx holding that number of shares as is set out in Schedule 1 for every litre per second of supply for the of land to be irrigated. The shares to be held shall be I Shares, D Shares and EA Shares unless otherwise agreed by the Board. Where the Xxxxxx is taking water through an Adjoining Scheme as approved by the Board pursuant to clause 2.2 the obligation to hold I Shares may be waived. Where the Xxxxxx held shares for the supply of water prior to 21 August 2017 EA Shares are not required to be held for that supply of water as at that date.
3.2 The Company may change the number of shares required to be held by a Xxxxxx to qualify for the supply of Water provided the same standards as to the number of shares to be held shall apply to all farmers taking water from any part of the Scheme.
3.3 The supply of Water under this agreement is conditional upon the Xxxxxx continuing to hold the Shares as set out in Schedule 1 or specified under clauses 3.1 and 3.2 to the intent that if the Xxxxxx shall at any time cease to hold those Shares, or cease to use the Water to irrigate the Property, then the Company may terminate the supply of Water to the Xxxxxx. If the Company ceases to supply Water to a Property where a Xxxxxx holds shares then the Company may surrender those shares at their nominal value.
3.4 The volume of Water to which a Xxxxxx is entitled shall be transferable by the Xxxxxx only in the circumstances set out below:
(a) to any other person with the Shares held by the Xxxxxx and conditional upon the delivery of that Water to the Property as set out in Schedule 1; or
(b) to another property owned or farmed by the Xxxxxx with the prior written consent of the Company, which consent may be withheld without giving any reason or be given on such conditions as the Company determines, provided that the property to which the Water is delivered is within the Distribution System or clause 2.2 applies; or
(c) the Shares and the right to Water attached thereto may be transferred to a person or entity that owns or farms a property in the area serviced by the Distribution System, or who has entered into an agreement with an Adjoining Scheme Owner as set out in clause 2.2, subject to the prior written consent of the Company which consent may be withheld without giving any reason or may be given on such conditions as the Company determines including the entering into of a Water Agreement.
3.5...
Holding of Shares. (a) To facilitate implementation of the provisions of this Award Agreement, certificates for the Shares of Restricted Stock and any dividends or distributions thereon or in respect thereof shall be delivered to and held by the Company or any entity designated by the Company (in either case, the “Holder”), or shall be held in book-entry form subject to the Company’s instructions, until such time as the Shares of Restricted Stock vest or the date Participant ceases to be a Service Provider. Additionally, Participant agrees to provide such other documents appropriate to effectuate the purpose and intent of this Award Agreement as the Company may reasonably request from time to time.
(b) Subject to the terms hereof, Participant will have all the rights of a stockholder with respect to the Shares while they are held by the Holder, including, without limitation, the right to vote the Shares and to receive any cash dividends declared thereon.
(c) In the event of any dividend or other distribution (whether in the form of cash, Shares, other securities, or other property), recapitalization, stock split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Shares, the Shares of Restricted Stock will be increased, reduced or otherwise changed, and by virtue of any such change Participant will in his or her capacity as owner of unvested Shares of Restricted Stock be entitled to new or additional or different shares of stock, cash or securities (other than rights or warrants to purchase securities); such new or additional or different shares, cash or securities will thereupon be considered to be unvested Shares of Restricted Stock and will be subject to all of the conditions and restrictions which were applicable to the unvested Shares of Restricted Stock pursuant to this Award Agreement. If Participant receives rights or warrants with respect to any unvested Shares of Restricted Stock, such rights or warrants may be held or exercised by Participant, provided that until such exercise any such rights or warrants and after such exercise any shares or other securities acquired by the exercise of such rights or warrants will be considered to be unvested Shares of Restricted Stock and will be subject to all of the conditions and restrictions which were applicable to the unvested Shares of Restri...
Holding of Shares. A Shareholder may hold only one Common Share. If a Shareholder shall acquire for whatever reason more than one Common Share, the Shareholder shall immediately surrender to the Corporation the excess Common Share or Common Shares held by the Shareholder for cancellation. For greater certainty, in determining the number of Common Shares held by a Shareholder, any Common Share or Common Shares held by a division of that Shareholder that is not a separate legal entity from the Shareholder shall be deemed to be held by that Shareholder, and that Shareholder shall be required to take the action specified in this Section 6.4 so that the Shareholder holds only one Common Share.
Holding of Shares. CMGI has transferred to the Trust and the ----------------- Trust hereby accepts delivery of the Shares and shall pledge such Shares to First Trust of New York, N.A., as indenture trustee for the Securities in accordance with the terms of the Amended and Restated Trust Agreement, dated as of January 14, 1997, as supplemented by a trust supplement dated as of January 13, 1998, each between the Bank, as grantor and the Trust. The Trust further agrees that it will not sell, pledge or hypothecate and/or otherwise transfer of the Shares except in accordance with this Agreement; provided, however, that the parties hereto acknowledge that the Trust will pledge the Shares to First Trust of New York, N.A., as indenture trustee for the Securities.
Holding of Shares. 2.1 The supply of Water by the Company to the Xxxxxx is conditional upon the Xxxxxx holding:
(a) One Share in the Company for every litre per second of Water supplied to the Property as is set out in Schedule 1;
(b) BCI Shares as is set out in Schedule 1 for every litre per second of Water supplied for the Property.
2.2 The Xxxxxx agrees that the Company may change the number of Shares required to be held by a Xxxxxx to qualify for the supply of Water provided the same standards as to the number of shares to be held shall apply to all farmers taking water from the Scheme.
2.3 The supply of Water under this agreement is conditional upon the Xxxxxx continuing to hold the Shares as set out in Schedule 1 or specified under clause 2.2 to the intent that if the Xxxxxx shall at any time cease to hold those Shares, or cease to use the Water to irrigate the Property, except as provided for under clause 2.4(d), then the Company may exercise a number of rights including suspending the supply of water, varying that supply or terminating the supply of Water to the Xxxxxx. If the Company ceases to supply Water to a Property, except where a Xxxxxx requests a suspension in the supply of water for a specified period, then the Company may redeem or require the Xxxxxx surrender the Shares in accordance with the Constitution.
2.4 Water to which a Xxxxxx is entitled shall be transferable by the Xxxxxx only in the circumstances set out below:
Holding of Shares. As of the closing date, by virtue of the Merger and without any action on the part of any holder thereof or any party hereto, Holding will receive the shares of Parent, which will become a wholly owned subsidiary of Holding.
Holding of Shares. In accordance with French law concerning the “dematerialization” of securities, the ownership rights of shareholders are represented by book entries instead of share certificates. Shares issued are registered in individual accounts opened by us or any authorized intermediary, in the name of each shareholder and kept according to the terms and conditions laid down by the legal and regulatory provisions.
