Examples of Completion Shares in a sentence
The Completion Shares shall be freely transferable when delivered to Executive subject to Employer’s securities trading policy and applicable federal and state law.
On Completion, PMP will issue a total of 177,970,295 PMP Shares (the Completion Shares) to the Vendors in proportion to their respective ownership of IPMG Holding Company.
The following table summarises the number of Completion Shares and Withheld Shares for each Vendor.
The Consideration Shares comprise the Completion Shares and the Adjustment Shares.
Completion Shares means 177,970,295 new PMP Shares issued to the Vendors on Completion, being, in respect of each Vendor, the number of PMP Shares specified in section 5.3.Conduct Pending Completionhas the meaning given to it in section 10.2(a).
Consideration Sharesmeans the sum of the:• Completion Shares; and• Adjustment Shares.
As detailed in Item 1.3, under the Coruscant Agreement, the Company has agreed, subject to obtaining Shareholder approval, to issue 22,857,142 Shares (the Gnows Nest Completion Shares) to the Gnows Nest Vendors as part consideration for the acquisition of Coruscant.
Following the issue of Completion Shares, Caledonia will have a total number of shares in issue of 17,258,923 common shares of no par value each.
No Authority shall have enacted, issued, promulgated, enforced or entered any Law or Governmental Order (whether temporary, preliminary or permanent) that has the effect of making the transfer to the Purchaser of the Completion Shares (or any other related documents to be executed by the parties hereto as part of such transfer) illegal or subject to obtaining any Authorisation or otherwise restraining or prohibiting the consummation of such transfer.
The Completion Shares will be issued on completion of Stage 1, which is due to occur on the business day after this Meeting (being 6 April 2021), subject to the conditions outlined above.The Subsequent Shares and the Options are to be issued on the second business day after the Tenements are granted.