Allotted Shares definition

Allotted Shares means the shares in the Parent Company's capital stock to be allotted and later issued to the Shareholders.

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Allotted Shares means the shares of Heineken that are the subject of the Allotted Share Delivery Instrument.

Allotted Shares means the shares of HNV which remain from time to time undelivered under the Allotted Share Delivery Instrument;

Examples of Allotted Shares in a sentence

• The number of Allotted Shares may be increased or decreased at the sole discretion of the Company upon three (3) days written notice to Broker-Dealer.

• In exchange for cession and transfer of the Target Shares by Sibanye, DRD shall, on the DRD Delivery Date, allot and issue (credited as fully paid-up) the Allotted Shares to Sibanye and ownership of, and all risk in and benefit attaching to, the Allotted Shares shall be deemed to have passed to Sibanye.

• The Tenant shall upon signing of this Agreement deposit with the Landlord the Deposit Cheque, and shall on the Handover Date deliver to the Landlord the Allotted Shares for Deposit.

• Anything to the contrary herein notwithstanding, unless the Company obtains the Approval (as defined in Section 13 of the Subscription Agreement), the maximum aggregate amount of Warrant Shares issuable upon the "for cash" exercise of some or all of this Warrant may not exceed the Allotted Shares (as defined in the Subscription Agreement), subject to adjustment as described in this Warrant.

• The remaining 2/3 of the Allotted Shares shall continue to be locked-up for another 10 months period commencing at the end of the First Lock-Up Period (the "Second Lock-Up Period").

• Subject to the terms and conditions of this Agreement, the Underwriters shall subscribe for the Allotted Shares at a purchase price per Share (the "PURCHASE PRICE") to be equal to the exercise price payable with respect to the exercise of any Right.

• As soon as practicable after the Expiration Time (as defined in Section 2(g)) and, in any event, not later than noon, New York City time, on the next succeeding business day following the Expiration Time, the Company will provide written notice to the Lead Underwriters by facsimile transmission, with a copy to ▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇▇, specifying the number of Allotted Shares, if any (the dispatch of such notice, with transmission confirmation received, being referred to as the "DETERMINATION TIME").

• For the avoidance of any doubt, the Shareholders hereby waive any preferential right whatsoever in relation to the Allotted Shares and the Shares Sold.

• Anything to the contrary herein notwithstanding, unless the Company obtains the Approval (as defined in Section 13 of the Subscription Agreement), the maximum aggregate amount of Warrant Shares issuable upon the “for cash” exercise of some or all of this Warrant may not exceed the Allotted Shares (as defined in the Subscription Agreement), subject to adjustment as described in this Warrant.

• For the avoidance of any doubt, the Options will be allotted to the Investor without consideration but shall be subject to the transfer of the price in respect of the Allotted Shares and subject to the realization thereof into shares, will be made against the payment of the strike price (hereinafter: “Allotment Price”).

More Definitions of Allotted Shares

Allotted Shares such number of DRD Shares as will, after the allotment and issue thereof to Sibanye in terms of 4, constitute 38.05% of all DRD Shares in issue (including any DRD Shares held as treasury shares). It is recorded that (i) as at the Signature Date, 265 000 000 DRD Shares would need to be allotted and issued in terms of 4 in order for Sibanye to achieve a shareholding of 38.05% of all DRD Shares in issue (including any DRD Shares held as treasury shares), and (ii) if any DRD Shares are allotted and issued to third parties by DRD prior to the implementation of 4, the number of DRD Shares which will need to be allotted and issued in terms of 4 in order 1 DRD Exchange Agreement - Execution - 22 Nov 2017/#4687353v1 22112017 for Sibanye to achieve a shareholding of 38.05% of all DRD Shares in issue (including any DRD Shares held as treasury shares) will exceed 265 000 000 DRD Shares;

Allotted Shares means 9,999 shares of the Company to be allotted to each Shareholder upon execution of this Agreement as provided under Clause 3.1;

Allotted Shares means Exchanged Shares which are allotted and entitled to be issued upon exercise of the Exchangeable Preferred Shares,