VMTP Shares has the meaning set forth in the preamble to this Agreement.
Sold Shares shall have the meaning specified in Section 6.
Acquired Shares has the meaning set forth in the Recitals.
Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.
Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.
Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.
Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
Coop Shares Shares issued by a Cooperative Corporation.
Purchaser Shares means the common shares in the capital of the Purchaser.
Purchased Shares has the meaning set forth in Section 2.01.
Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;
Company Shares has the meaning set forth in the Recitals.
Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.
Consideration Shares shall have the meaning set forth in Section 2.7(c).
Common Shares means the common shares in the capital of the Company;
Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.
Newco Shares means the common shares in the capital of Newco;
Sale Shares has the meaning ascribed to it at Recital (A).
A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;
Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).
sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;
Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.
Unit Shares means the Common Shares comprising part of the Units;