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 HNV which remain from time to time undelivered under the Allotted Share Delivery Instrument;
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Allotted Shares means the shares of Heineken that are the subject of the Allotted Share Delivery Instrument.
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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 order to prevent the Allotted Shares from being transferred, having any security interest created thereon or otherwise being disposed of during the Transfer Restriction Period, the Corporation will take such measures as the Corporation considers appropriate, including the management in dedicated accounts established at domestic and/or foreign securities companies.

  • The inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained.(b)Grants Exceeding Allotted Shares.

  • In such cases, the Company will naturally acquire without contribution any and all Allotted Shares for which transfer restrictions are not cancelled on the day preceding the effective date of such organizational restructuring pursuant to the provisions above.

  • In addition, in the case where an external director who is an Allottee ceases to hold the position of the Company’s external director prior to the closure of the first general meeting of shareholders of the Company held after such allotment, or in the case where other particular incidents occur, the Company shall, as of the time of such cessation and as a matter of course, gratuitously acquire Allotted Shares IV allotted to such external director.

  • However, if the Eligible Director resigns from a position stipulated by the Company’s Board of Directors prior to the expiry of the Transfer Restriction Period due to the expiry of the term of office, death or any other legitimate reason, stipulated in (2) above, the number of the Allotted Shares for which the Transfer Restrictions are to be removed and the timing of the removal of the Transfer Restrictions shall be reasonably adjusted, as necessary.

  • The Company will naturally acquire with no compensation all of the Allotted Shares that have been determined not to be released in accordance with (2), (3) or (4) above and all of the Allotted Shares pertaining to the Performance Conditions if the Performance Conditions are not achieved or it becomes clear that the Performance Conditions will not be achieved.

  • The Company will naturally acquire all of the Allotted Shares for which the Transfer Restrictions have not been released for reasons listed as (2), (3) or (4) above, immediately after when the Transfer Restrictions are released with no compensation.

  • Since a phrase that denotes a situation that instantiates a (saturated) relation, its type is its corresponding reading.

  • It should be noted that of the Allotted Shares, in the event of the transfer restriction based on the provisions on the reasons for the release of the transfer restrictions stated in c below not having been released as of the expiration of the Transfer Restriction Period of a above, the Company shall acquire these free of charge, as a matter of course.


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

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Undesignated Shares As of any date, the Number of Shares minus the number of Shares designated as Settlement Shares for Settlements for which the related Relevant Settlement Date has not occurred.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Returning Shares means shares subject to outstanding stock awards granted under the Prior Plan and that following the Effective Date: (A) are not issued because such stock award or any portion thereof expires or otherwise terminates without all of the shares covered by such stock award having been issued; (B) are not issued because such stock award or any portion thereof is settled in cash; (C) are forfeited back to or repurchased by the Company because of the failure to meet a contingency or condition required for the vesting of such shares; (D) are withheld or reacquired to satisfy the exercise, strike or purchase price; or (E) are withheld or reacquired to satisfy a tax withholding obligation.

  • Company Shares means the common shares in the capital of the Company;

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Sold Shares shall have the meaning specified in Section 6.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Target Shares means all the issued and unconditionally allotted share capital in the Target and any further shares in the capital of the Target which may be issued or unconditionally allotted pursuant to the exercise of any outstanding subscription or conversion rights or otherwise together with all related rights.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • ASA Shares has the meaning set forth in 2.4(a).