Acquired Shares definition
Examples of Acquired Shares in a sentence
The Company shall register the sale of the Acquired Shares to the Buyer in the share register of the Company and deliver to the Buyer within 24 hours of the Closing a copy thereof, certified by the Company’s Chief Executive Officer as of the date of the Closing, in the form attached hereto as Schedule 3.1.4.
Within three (3) Business Days following the Closing Date, the Company shall file with the ROC a notice of the sale of the Acquired Shares to the Buyer, including, without limitation, the updated shareholding structure, in accordance with the provisions of the Companies Law.
Subject to and pursuant to the Bring-Along Provision and Section 341 of the Companies Law, such actions may include, without limitation, the execution and delivery of a Joinder and a share transfer deed on behalf of any such Remaining Shareholder, cancelling the share certificate of such Remaining Shareholder and the issuance of a new share certificate in the name of the Buyer with respect to the Acquired Shares held immediately prior to Closing by such Remaining Shareholder.
Each Current Shareholder shall deliver to Buyer (i) share certificates evidencing the Acquired Shares acquired from such Current Shareholder and identified on Schedule 3.1.2, or an affidavit of lost share certificate, and (ii) a share transfer deed or a warrant transfer deed, as applicable, in the forms set forth on Exhibits H1, and H2, respectively, attached hereto, evidencing the transfer of title and conveyance of the Acquired Shares set forth opposite such Shareholder’s name on Exhibit A.
Such Accepting Shareholder is the sole owner of its portion of the Acquired Shares, as listed opposite to its name on Exhibit A, free and clear of any Encumbrances.