Call Shares definition

Call Shares has the meaning set forth in Section 8.5.

Call Shares means 26,688,361 shares of Class B Common Stock, as such amount may be adjusted (x) as a result of a stock dividend or distribution on, stock split or reverse stock split of, or similar event with respect to, Call Shares or (y) in a merger, consolidation, combination, reclassification, recapitalization or similar transaction involving the Company.

Call Shares shall have the meaning specified in Section 3.2(a) hereof.

Examples of Call Shares in a sentence

• If either of the Independent Valuers does not provide a determination, then the Fair Market Value of the Call Shares shall be the determination provided by the other Independent Valuer and shall be final and binding on the Shareholders.

• Each of such Independent Valuers shall determine the Fair Market Value of the Call Shares.

• If the Shareholders are unable to mutually agree on the Fair Market Value of the Call Shares within such 30-day period, then they shall jointly appoint an Independent Valuer, which shall act as the independent valuator for the purpose of determining the Fair Market Value of the Call Shares, which shall be final and binding on the Parties.

• Promptly following receipt of an Option Notice, the Shareholders shall use their respective good faith efforts to agree on the Fair Market Value of the Call Shares within thirty (30) days following such receipt.

More Definitions of Call Shares

Call Shares has the meaning set forth in Section (a).

Call Shares means the Shares agreed as such at the time a Call in respect of Shares is entered into;

Call Shares has the meaning set out in clause 16.2.1;

Call Shares means the 15,455,062 shares of Class A Common Stock and the 8,311,639 shares of Class B Common Stock to be acquired by CIG Media pursuant to the Master Agreement and the Call Agreement, dated November 7, 2005, among Mx. Xxxxxx X. Paxson, Second Cxxxxxx Xxxxxxx Limited Partnership, Pxxxxx Enterprises, Inc. and NBC Palm Beach Investment II, Inc.

Call Shares shall have the meaning ascribed to it in Section 6.2(a).

Call Shares means the 8,311,639 shares of Class B Common Stock and 15,455,062 shares of Class A Common Stock owned by the Call Stockholders, and any shares of common stock of the Company or other securities that may be received by the Call Stockholders with respect to such Call Shares (x) as a result of a stock dividend or distribution on, stock split or reverse stock split of, or similar event with respect to Call Shares or (y) on account of Call Shares in a merger, consolidation, combination, reclassification, recapitalization or similar transaction involving the Company.

Call Shares shall have the meaning ascribed to such term in Section 2.2(d) hereof.