Consortium Shares definition

Consortium Shares means the Shares and ADSs beneficially owned (as determined pursuant to Rule 13d-3 under the Exchange Act) by Parent, Merger Sub or any member of the Consortium, but excluding the 1,075,000 ADSs beneficially owned by Mr. He Dang and Ms. Dan Dina Liu.
Consortium Shares means the shares of or interests in the Investor that are owned by the Consortium Members.
Consortium Shares has the meaning given in clause 3;

Examples of Consortium Shares in a sentence

  • The Offer will be extended to all Shares (“Offer Shares”), including any and all Shares owned, controlled or agreed to be acquired by any party acting or deemed to be acting in concert with the Offeror in connection with the Offer, including without limitation, the Consortium Shares and the Encumbered Consortium Shares (each as defined below).

  • As also set out in Section 7.4(c) above, JKHSB has granted charges over the JKHSB Encumbered Consortium Shares in favour of Maybank as security in respect of the JKHSB Maybank Loans.

  • As set out in Section 7.4(c) above, ACC has granted charges over the ACC Encumbered Consortium Shares in favour of the Relevant Financial Institutions pursuant to his share margin financing arrangements with such Relevant Financial Institutions (the “ACC Share Margin Financing Arrangements”).

  • Assuming the Relevant Financial Institutions and Maybank agree to and, in accordance with each of ACC’s and JKHSB’s instructions, accept the Offer in respect of all of the Encumbered Consortium Shares, and taking into account the Shares subject to the Consortium Irrevocable Acceptance Undertakings and the Phihong Irrevocable Undertaking, the Offeror would obtain acceptances in respect of an aggregate 162,807,170 Shares, representing approximately 80.22 per cent.

  • In view of the restrictions set out in the terms of the ACC Share Margin Financing Arrangements and the JKHSB Maybank Loans, ACC and JKHSB have therefore provided the Consortium Irrevocable Instruction Undertakings in respect of the ACC Encumbered Consortium Shares and the JKHSB Encumbered Consortium Shares respectively.

  • The Chuang’s Consortium Shares held by HKIL are held on trust of which Mr. Chuang and Mrs.

  • Each of Merry Circle Trading Limited and Honour Idea Limited (each a “Rollover Shareholder” and, collectively, the “Rollover Shareholders”) agrees and undertakes that all of the Consortium Shares held by them respectively shall constitute the “Rollover Shares” in accordance with the terms hereof.

  • Pursuant to Rule 14.44 of the Listing Rules, in lieu of holding a general meeting, shareholders’ written approval has been obtained from EHL, HAL and HKIL, being a closely allied group of Chuang’s Consortium Shareholders which, as at the date of this joint announcement, held 837,373,332, 76,003,017 and 137,608,072 Chuang’s Consortium Shares, representing a total of approximately 62.84% of the entire issued share capital of Chuang’s Consortium, approving the Disposal.

  • The issue of the Consortium Shares does not fit within any of the exceptions set out in Listing Rule 7.2 and, as it has not yet been approved by Shareholders, it effectively uses up part of the 15% limit in Listing Rule 7.1, reducing the Company’s capacity to issue further equity securities without Shareholder approval under Listing Rule 7.1 for the 12 month period following the date of issue of the Consortium Shares.

  • The rights and obligations in this Agreement apply to each Consortium Member with respect to any Ordinary Shares in which it and/or its Affiliates hold a legal or beneficial interest, from time to time (whether acquired pursuant to the Subscription Agreement or otherwise), but excluding the Excluded Shares (the "Consortium Shares").

Related to Consortium Shares

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Fund Shares means any Securities issued by an investment company registered under the Investment Company Act of 1940.

  • 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.

  • 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.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

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

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

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

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • 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.

  • ASA Shares has the meaning set forth in 2.4(a).

  • 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.

  • 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.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

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

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • 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.

  • Participating Shares means shares that entitle their holders to participate without limitation in distributions.