PIPE Shares shall have the meaning given in the Recitals hereto.
Purchased Shares has the meaning set forth in Section 2.01.
ASA Shares has the meaning set forth in 2.4(a).
Purchaser Shares means the common shares in the capital of the Purchaser.
Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.
Consideration Shares has the meaning ascribed thereto in Section 2.2.
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).
Purchase Shares has the meaning set forth in Section 2.2(a) hereof.
Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;
Acquired Shares has the meaning set forth in the Recitals.
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.
Subscription Shares has the meaning ascribed to it in Section 2.1.
Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.
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.
Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.
Exchange Shares has the meaning set forth in Section 2.01(b).
Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.
Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.
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.
Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.
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.
Coop Shares Shares issued by a Cooperative Corporation.
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.
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.
Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.
Common Shares means the common shares in the capital of the Corporation;