Common Parts Shares definition

Common Parts Shares means the Shares allocated to the Common Parts under this Deed;
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Examples of Common Parts Shares in a sentence

  • To take an assignment of and hold the Common Parts Shares and the Common Parts on trust in accordance with this Deed.

  • Immediately after the execution of this Deed, the First Owner shall assign to and vest in the Company all Common Parts Shares and Common Parts free of costs or consideration.

  • Immediately after the execution of this Deed, the First Owner shall assign to and vest in the Company as trustee for all Owners all Common Parts Shares and Common Parts free of costs or consideration.

  • Immediately after the execution of this Deed, the First Owner shall assign to and vest in the Company all Common Parts Shares and Common Parts as trustee for all Owners free of costs or consideration.

  • The right to assign to the Manager without consideration the Common Parts Shares and the Common Parts, which shall be held by the Manager in trust for the Owners in accordance with this Deed.

  • If any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which part shall be referred to as the “Damaged Part”) so that it is substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part.

  • If the whole or any part of the Development is damaged by fire, typhoon, earthquake, subsidence or other causes (which whole or part of the Development that is damaged shall be referred as the “Damaged Part”) rendering it substantially unfit for habitation, occupation or use, the Owners (the “Affected Owners” in this Clause 13) of not less than 75% of Shares relating to the Damaged Part (excluding any Common Parts Shares) (the “Relevant Shares”) may convene a meeting of the Owners of the Damaged Part.

  • For the purpose of effecting any dealing or transaction relating to the Common Parts or the Common Parts Shares in accordance with this Deed, to execute and enter into any deed or document without joining any Owner (including any previous Owner) as a party thereto.

  • Any AMPCO tool will be promptly replaced should it fail under normal use, as determined by inspection at our customer service department.

  • The Common Parts Shares and the Common Parts assigned to the Owners’ Corporation under this Deed shall be held by the Owners’ Corporation on trust for the benefit of all Owners, subject to the Land Grant and this Deed.14.3 No conflict with Land Grant.

Related to Common Parts Shares

  • Common Parts The accessways, forecourts, entrance halls, corridors, landings, kitchens, staircases, common rooms, utility rooms, kitchens all other areas within the Halls and the fixtures, fittings, furniture and equipment in them which are provided by the Arts University Bournemouth for the common use by the occupiers of the Premises.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

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

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Applicable Stock means (i) the Company’s presently authorized series of preferred stock specified in the introductory paragraph of this Warrant, (ii) after the conversion of all of the outstanding shares of such series of preferred stock into Common Stock, either automatically or by vote of the requisite holders thereof, the Company’s Common Stock, and (iii) upon any conversion, exchange, reclassification or change, any security into which the securities described in clauses (i) or (ii) of this definition may be converted, exchanged, reclassified or otherwise changed.

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

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Common Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Common Warrants shall be exercisable immediately and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Applicable effluent standards and limitations means all State and Federal effluent standards and limitations to which a discharge is subject under the Act, including, but not limited to, effluent limitations, standards of performance, toxic effluent standards and prohibitions, and pretreatment standards.

  • Other Available Shares means, as of any date, the sum of:

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

  • Common Stock means the common stock of the Company.

  • Other Shares means shares of Common Stock, other than Registrable Securities (as defined below), with respect to which registration rights have been granted.

  • Underground tank means a device meeting the definition of tank whose entire surface area is totally below the surface of and covered by the ground.

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

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

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

  • Cut Back Shares has the meaning set forth in Section 2(b).

  • Overall Share Limit means the sum of (i) 4,289,936 Shares; (ii) any Shares that are subject to Prior Plan Awards that become available for issuance under the Plan pursuant to Article V; and (iii) an annual increase on the first day of each year beginning in 2019 and ending in 2028, equal to the lesser of (A) 5% of the Shares outstanding (on an as-converted basis) on the last day of the immediately preceding fiscal year and (B) such smaller number of Shares as determined by the Board.