Buyout Shares definition

Buyout Shares will have the meaning set forth in Section 14.8.
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Buyout Shares shall have the meaning set forth in Section 13.1(a) of this Agreement.
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Buyout Shares shall have the meaning set forth in Section 17.6.
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Examples of Buyout Shares in a sentence

  • As indicated above, if as of any Adjustment Date the Average Market Price is below $2.25 (as such number shall be appropriately adjusted for any stock splits, recapitalizations or similar events), the Company may, in lieu of having the increase in the Specified Number include the number of Buyout Shares, elect to pay cash to the Holder in an amount equal to the Buyout Amount (B$).

  • Each Shareholder has the requisite power and authority to enter into and perform this Agreement and to sell their respective portion of Buyout Shares (if at all), in accordance with the terms hereof.

  • The duties of OSL Holdings, Inc are: Manage the process of developing and marketing Shop4Equality including managing expenditure of Mxxxxxxx’x capital contribution of $550,000 and operation of the rewards program and issue the Initial Shares and the Buyout Shares.

  • Upon delivery of the above-stated Buyout Shares to Mxxxxxxx this Agreement shall terminate and Mxxxxxxx shall have no further obligations to OSL and Mxxxxxxx shall have no continuing ownership in Shop4Equality or in any other OSL property except as a shareholder of the Buyout Shares, Initial Shares or any other shares acquired by Mxxxxxxx separately from this Agreement.

  • The Initial Shares and the Buyout Shares will not be affected if other investors participate.

  • In addition, the Company and Shareholders each severally agree to take each and every reasonable further action, whether upon the request of Purchaser or otherwise, to assure that all of the Buyout Shares are subject to the restrictions set forth in this Article IV and that all of the said restrictions are binding upon each and every successor, heir or assign of each such Shareholder, to any of the Buyout Shares.

  • In addition, the Company and the Shareholders severally agree to grant a Buyout Option to the Purchaser, whereby the Purchaser may purchase all of the remaining issued and outstanding shares of the Company (the "Buyout Shares") pursuant to this Agreement, which may be exercised by the Purchaser during the Exercise Period, as provided in Section 6.2 hereof.

  • The Company and Shareholders agree that so long as there is no breach of the Purchaser’s obligations hereunder, none will cause or permit any transfer or encumbrance of any of the Buyout Shares before the expiration of the Exercise Period.

  • The Shareholders shall pay all stamp or other similar taxes and duties levied in connection with the transfer of the Buyout Shares.

  • Within 14 days following service of the said notice of Purchaser’s intent to exercise the Buyout Option, the Company and the Shareholders shall tender the Buyout Shares to the Purchaser.


More Definitions of Buyout Shares

Buyout Shares shall have the meaning assigned to such term in Section 2.4 hereof.
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Related to Buyout Shares

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Put Shares means shares of Common Stock that are purchased by the Investor pursuant to a Put.

  • Payment Shares has the meaning set forth in Section 2.02;

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

  • Purchase Shares has the meaning set forth in Section 2.5(c).

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

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

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

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

  • Unit Shares means the Common Shares comprising part of the Units;

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

  • 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.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

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

  • 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.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

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

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • 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.