Common use of Treasury Shares Clause in Contracts

Treasury Shares. 9.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 16 contracts

Samples: Series B Preferred Share Subscription Agreement (GDS Holdings LTD), Series a Preferred Share Subscription Agreement (GDS Holdings LTD), Merger Agreement (GLORY STAR NEW MEDIA GROUP HOLDINGS LTD)

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Treasury Shares. 9.1 10.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 10.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 6 contracts

Samples: Business Combination Agreement (StoneBridge Acquisition Corp.), Forward Purchase Agreement, Forward Purchase Agreement (One Madison Corp)

Treasury Shares. 9.1 11.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 11.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 4 contracts

Samples: Investment Agreement (FGL Holdings), Business Combination Agreement (Boulevard Acquisition Corp. Ii), Business Combination Agreement (Terrapin 3 Acquisition Corp)

Treasury Shares. 9.1 13.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 13.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 4 contracts

Samples: Share Purchase Agreement (Bertelsmann SE & Co. KGaA), Share Purchase Agreement (Bertelsmann SE & Co. KGaA), Series C Preferred Share Purchase Agreement (China Rapid Finance LTD)

Treasury Shares. 9.1 13.1 The Directors Board may, prior to the purchaserepurchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 13.2 The Directors Board may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 1 contract

Samples: Business Combination Agreement (Ajax I)

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Treasury Shares. 9.1 13.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 1 contract

Samples: Business Combination Agreement (HPX Corp.)

Treasury Shares. 9.1 8.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 8.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 1 contract

Samples: Merger Agreement (Hennessy Capital Acquisition Corp IV)

Treasury Shares. 9.1 14.1 The Directors may, prior to the purchase, redemption or surrender of any Share, determine that such Share shall be held as a Treasury Share. 9.2 14.2 The Directors may determine to cancel a Treasury Share or transfer a Treasury Share on such terms as they think proper (including, without limitation, for nil consideration).

Appears in 1 contract

Samples: Subscription and Contribution Agreement (Mecox Lane LTD)

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