Butterfly Shares definition

Butterfly Shares means Butterfly Class A Shares, Butterfly Class B Shares, Butterfly Class C Shares and/or Butterfly Class D Shares.
Butterfly Shares shall have the meaning given in the Recitals hereto.
Butterfly Shares means the Series Z Preferred Shares described in §1.1 above;

Examples of Butterfly Shares in a sentence

  • In connection with the Manager Share Exchange described in paragraphs 3.1(i)(i) to (iv), the aggregate amount to be added by the Manager to the stated capital of each class of Manager Shares will be an amount equal to the aggregate stated capital of the applicable class of Butterfly Shares so transferred to the Manager.

  • Upon receipt of a certificate or certificates representing all of the Butterfly Shares held by such holder together with such notice the Corporation shall, subject to the Act, redeem on the Retraction Date such Butterfly Shares by paying to such holder the Redemption Amount for each Butterfly Share being redeemed.

  • CIM will be the owner of the Globex Butterfly Shares so transferred and the name of CIM will be entered in the register of holders of Globex Butterfly Shares in respect of the Globex Butterfly Shares so transferred to CIM, and CIM shall add to the stated capital account maintained for the CIM Common Shares an amount equal to the aggregate paid-up capital of the Globex Butterfly Shares acquired by CIM.

  • This paid-up capital will be allocated to the Globex New Common Shares and to the Globex Butterfly Shares based on the ratio that the fair market value of the Globex New Common Shares and the Globex Butterfly Shares, as the case may be, is of the aggregate fair market value of all of the Globex New Common Shares and the Globex Butterfly Shares.

  • As sole consideration, Taiga will issue to each particular Eagle Butterfly Holder an equal number of Taiga Shares having an aggregate fair market value at that time equal to the aggregate fair market value of the Eagle Plains Butterfly Shares that each particular holder of Eagle Plains Butterfly Shares so transferred to Taiga.

  • Up The holders of Butterfly Shares shall be entitled to receive from the assets of the Corporation an amount equal to the Aggregate Redemption Amount for all of the Butterfly Shares before any amount shall be paid or any assets of the Corporation distributed upon any liquidation, dissolution or winding-up of the Corporation to the holders of Common Shares, Preference Shares or any other shares of the Corporation.

  • Such Butterfly Shares shall be redeemed on the Retraction Date and from and after the Retraction Date the holder of the Butterfly Shares redeemed shall cease to be entitled to dividends and shall not be entitled to exercise any of the rights of holders of Butterfly Shares in respect thereof unless payment of the Redemption Amount is not made on the Retraction Date, in which event the rights of the holder of the Butterfly Shares in respect of which payment has not been made shall remain unaffected.

  • All Eagle Plains New Shares, Eagle Plains Butterfly Shares, Taiga Reorganization Shares and Taiga Shares issued pursuant hereto shall be deemed to be validly issued and outstanding as fully paid and non-assessable shares for all purposes of the BCA.

  • Picking one argument among a vast array of successful arguments is inappropriate.

  • No fractional Globex Butterfly Shares will be issued to Shareholders upon the exchange of Globex Common Shares for, among other things, the Globex Butterfly Shares and the number of Globex Butterfly Shares to which each Shareholder is entitled will be rounded down to the next whole number and no payment will be made in respect of such fractional share.

Related to Butterfly Shares

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

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

  • Common Shares means the common shares in the capital of the Corporation;

  • 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.

  • 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;

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

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • 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.

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

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

  • Primary Shares means at any time the authorized but unissued shares of Common Stock or shares of Common Stock held by the Company in its treasury.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

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

  • Acquired Shares has the meaning set forth in the Recitals.

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

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • PIPE Shares shall have the meaning given in the Recitals hereto.

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

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Subsidiary Shares shall have the meaning specified in Section 6.3 [Subsidiaries].