Covidien Shares definition

Covidien Shares the ordinary shares of US$0.20 each in the capital of Covidien;
Covidien Shares means the ordinary shares par value of US$0.20 each in the capital of Covidien and “Covidien Share” means any one of them;

Examples of Covidien Shares in a sentence

  • No interest shall be paid or shall accrue for the benefit of holders of the Covidien Shares on the Scheme Consideration payable in respect of the Covidien Shares.

  • Following the completion of the exchange procedures set forth in Clause 8.1(d)(iii), any portion of the Exchange Fund which has not been transferred to the holders of Covidien Shares shall be delivered to Holdco or its designee(s) promptly upon demand by Holdco, it being understood that no such delivery shall affect any legal right that a Covidien Shareholder may have to receive the Scheme Consideration.

  • It is intended that, subject to and following the Scheme and Merger becoming effective, and subject to applicable requirements of the NYSE, the Medtronic Shares will be delisted from the NYSE and the Covidien Shares will be delisted from the NYSE.

  • The last day of dealing in Covidien Shares on the NYSE and Medtronic Shares on the NYSE will be the last Business Day before the Effective Date (or, in certain circumstances, the Effective Date).

  • U.S. holders will generally recognize taxable gain or loss equal to the difference between the shareholder’s adjusted tax basis in the Covidien Shares surrendered in the exchange, and the sum of the fair market value of the Scheme Consideration received.

  • General Tax Consequences of the Scheme For U.S. federal income tax and information reporting purposes, the receipt of Scheme Consideration in exchange for Covidien Shares pursuant to the Scheme will be a taxable transaction to a U.S. holder of Covidien Shares.

  • For use in the calculations above:Outstanding Covidien Shares Immediately Prior to the Effectiveness of the Scheme: 454,507,245 (W) Outstanding Parent Shares Immediately Following the Consummation of the Transactions: 1,423,061,872 (X) Or, in lieu of the calculations above Owner hereby certifies that Owner was not a shareholder of Medtronic, Inc.

  • The share portion of the Scheme Consideration should generally be treated as a payment of proceeds from a sale or exchange of the shareholder’s Covidien Shares.

  • As described below, the treatment of a particular shareholder may differ depending on the amount of Parent Shares owned by such shareholder as a result of:  such shareholder’s ownership of Covidien Shares that are exchanged for Parent Shares in the Scheme, such shareholder’s ownership of common shares in Medtronic, Inc.

  • Holders of Covidien Shares must properly complete and submit the attached Certification by the deadline specified therein.

Related to Covidien Shares

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Target Shares means all the issued and unconditionally allotted share capital in the Target and any further shares in the capital of the Target which may be issued or unconditionally allotted pursuant to the exercise of any outstanding subscription or conversion rights or otherwise together with all related rights.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

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

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

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

  • 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.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

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

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

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

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

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

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

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

  • Buyer Stock means the common stock, par value $0.001 per share, of Buyer.

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