Thunderbird Shares definition

Thunderbird Shares means the 200,000 shares of Thunderbird Films Inc. owned by Pictures.
View Source
Thunderbird Shares means the common shares without par value in the authorized share structure of Thunderbird;
View Source

Examples of Thunderbird Shares in a sentence

  • There are no outstanding rights of first refusal, preemptive rights or other restrictions on transfer with respect to the redemption of the Thunderbird Shares by CMNW from Thunderbird.

  • Thunderbird has the requisite power to enter into this Agreement, to transfer the Thunderbird Shares to CMNW pursuant to the Thunderbird Redemption, and to carry out and perform its obligations under the terms of this Agreement.

  • Immediately following its receipt of the Cash Distribution, CMNW shall effect the Thunderbird Redemption by redeeming from Thunderbird the Thunderbird Shares for a redemption price equal to the aggregate of (a) the amount of the Cash Distribution (the “Cash Portion”), (b) 600,000 shares of CMNW Common Stock, and (c) a warrant to purchase an additional 600,000 shares of CMNW Common Stock in form and substance mutually agreeable to CMNW and Thunderbird.

Related to Thunderbird Shares

  • Green means products, materials, methods and processes certified by a “Green Authority” that conserve natural resources, reduce energy or water consumption, avoid toxic or other polluting emissions or otherwise minimize environmental impact.

  • Cyberbullying means any form of communication by electronic act that is sent with the purpose to:

  • Freshwater means all waters not defined as saltwater

  • Stopover means a scheduled stop on your journey, at a point between the place of departure and the place of destination.

  • SOL means the value (such as MW, MVAR, Amperes, Frequency, or Volts) that satisfies the most limiting of the prescribed operating criteria for a specified system configuration to ensure operation within acceptable reliability criteria.