Paired Shares Sample Clauses

Paired Shares. Paired Shares" shall mean the Trust Shares and shares of Corporation Stock which are "paired" pursuant to the Pairing Agreement dated June 25, 1980 between the Trust and the Corporation, as it may be amended from time to time.
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Paired Shares. Such stock certificates or other evidence of the issuance of the Paired Shares, if any, to the Contributing Parties as the Contributing Parties may reasonably request.
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Paired Shares. 3 Partnership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
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Paired Shares. Notwithstanding the provisions of Sections ------ ------ 8.05(a) and 8.05(b), a Limited Partner shall not be entitled to exercise the Redemption Right or the Deferred Redemption Right with respect to any Partnership Units unless the Limited Partner is entitled to exercise and simultaneously exercises its redemption right under the REIT Partnership Agreement with respect to an equal number of REIT Partnership Units of the same class or series so that the General Partner, in cooperation with Patriot REIT, may deliver Paired Shares in redemption of such Partnership Units and REIT Partnership Units. The restriction set forth in this paragraph (i) shall continue in effect until such time as the provisions of the Pairing Agreement shall terminate and be of no further force or effect.
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Paired Shares. Notwithstanding the provisions of Sections ------------- 8.05(a) and 8.05(b), a Limited Partner shall not be entitled to exercise the Redemption Right with respect to any Partnership Units unless the Limited Partner is entitled to exercise and simultaneously exercises its redemption right under the Management Partnership Agreement with respect to an equal number of Management Partnership Units of the same class or series so that the General Partner and/or the Company, in cooperation with Patriot Operating Company, may deliver Paired Shares in redemption of such Partnership Units and Management Partnership Units. The restriction set forth in this paragraph (h) shall continue in effect until such time as the provisions of that certain Pairing Agreement, dated as of February 17, 1983, as amended from time to time, by and between Patriot American Hospitality, Inc. and Patriot American Hospitality Operating Company shall terminate and be of no further force or effect.
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Paired Shares. Units consisting of one share of beneficial interest, $.01 par value per share, in the REIT and one share of common stock, par value $.01 per share, of OPCO, which shares are paired and traded as a unit.
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Paired Shares. Notwithstanding the provisions of Sections ------------- 8.05(a), 8.05(b) and 8.05(h), a Limited Partner shall not be entitled to exercise the Redemption Right or the New Redemption Right with respect to any Partnership Units unless the Limited Partner is entitled to exercise and simultaneously exercises its redemption right under the Management Partnership Agreement with respect to an equal number of Management Partnership Units of the same class or series so that the General Partner and/or the Company, in cooperation with Patriot Operating Company, may deliver Paired Shares in redemption of such Partnership Units and Management Partnership Units. The restriction set forth in this paragraph (j) shall continue in effect until such time as the provisions of that certain Pairing Agreement, dated as of February 17, 1983, as amended from time to time, by and between Patriot American Hospitality, Inc. and Patriot American Hospitality Operating Co., Inc. shall terminate and be of no further force or effect.
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Related to Paired Shares

  • Settlement Shares (a) With respect to any Settlement Date other than the Final Date, the number of Shares designated as such by Counterparty in the relevant Settlement Notice or designated by Dealer pursuant to the “Termination Settlement” provisions of Paragraph 7(g) below, as applicable; provided that the Settlement Shares so designated shall (i) not exceed the Number of Shares at that time and (ii) in the case of a designation by Counterparty, be at least equal to the lesser of 100,000 and the Number of Shares at that time, in each case with the Number of Shares determined taking into account pending Settlement Shares; and

  • Acquired Shares Any Shares or other voting securities of the Bank with respect to which beneficial ownership is acquired by Shareholder or its affiliates, including, without limitation, by purchase, as a result of a stock dividend, stock split, recapitalization, combination, reclassification, exchange or change of such Shares or upon exercise or conversion of any securities of the Bank, if any, after the date hereof shall automatically become subject to the terms of this Agreement.

  • Reacquired Shares Any shares of Series A Preferred Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired and cancelled promptly after the acquisition thereof. All such shares shall upon their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock subject to the conditions and restrictions on issuance set forth herein, in the Certificate of Incorporation, or in any other Certificate of Designations creating a series of Preferred Stock or any similar stock or as otherwise required by law.

  • Initial Shares As used herein, “Initial Shares” means 127,669 shares of the Class, subject to adjustment from time to time pursuant to the provisions of this Warrant.

  • Vested Shares “Vested Shares” shall mean the shares of Restricted Stock which are no longer subject to the Restrictions by reason of Section 3.2.

  • Optional Shares at the purchase price per share set forth in the paragraph above, for the sole purpose of covering sales of shares in excess of the number of Firm Shares. Any such election to purchase Optional Shares may be exercised only by written notice from you to the Company, given within a period of 30 calendar days after the date of this Agreement, setting forth the aggregate number of Optional Shares to be purchased and the date on which such Optional Shares are to be delivered, as determined by you but in no event earlier than the First Time of Delivery (as defined in Section 4 hereof) or, unless you and the Company otherwise agree in writing, earlier than two or later than ten business days after the date of such notice.

  • Purchased Shares Subject to the terms and conditions provided below, Seller shall sell and transfer to Buyers and Buyers shall purchase from Seller, on the Closing Date (as defined in Section 1(c)), all of the Shares.

  • Transferred Shares A Co-Sale Holder shall effect its participation in the co-sale by promptly delivering to the Selling Shareholder for transfer to the prospective purchaser instrument(s) of transfer executed by such Co-Sale Holder and one or more certificates, properly endorsed for transfer, which represent:

  • Restricted Shares Employee hereby accepts the Restricted Shares when issued and agrees with respect thereto as follows:

  • The Shares The Shares to be issued and sold by the Company hereunder have been duly authorized by the Company and, when issued and delivered and paid for as provided herein, will be duly and validly issued, will be fully paid and nonassessable and will conform to the descriptions thereof in the Registration Statement, the Pricing Disclosure Package and the Prospectus; and the issuance of the Shares is not subject to any preemptive or similar rights.

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