Share Acquisition Date Clause Samples
The Share Acquisition Date clause defines the specific date on which the ownership of shares is officially transferred from the seller to the buyer. This clause typically specifies a calendar date or links the transfer to the completion of certain conditions, such as closing of the transaction or regulatory approval. By clearly establishing when the buyer becomes the legal owner of the shares, the clause ensures clarity regarding rights, obligations, and risk allocation associated with the shares, thereby preventing disputes over ownership timing.
Share Acquisition Date. Section 1(v) of the Rights Agreement is hereby amended by inserting the following sentence at the end of such Section 1(v): “In addition, notwithstanding anything to the contrary contained herein, no Share Acquisition Date shall occur solely as a result of the execution and delivery of the 2008 Private Placement Documents (or any amendments thereto in accordance with the terms thereof), or any actions taken by the 2008 Investors pursuant to the terms of any of the 2008 Private Placement Documents or the consummation of the transactions contemplated by the 2008 Private Placement Documents or the announcement or commencement thereof, including, without limitation, the acquisition by the 2008 Investors of any of the Securities issued or issuable pursuant to the 2008 Private Placement Documents.”
Share Acquisition Date. 23 Shares .....................................................................................................1
Share Acquisition Date. Share Acquisition Date shall mean the first date any Person shall become an Acquiring Person.