Disputed Shares definition

Disputed Shares means the number of shares of Series A Preferred Stock, if any, to which the Disputed Amounts relate unless Tekelec specifies a lower amount in a written notice to Santera.
Sample 1
Disputed Shares means a number of Class A Shares equal to the difference between (i) the aggregate number of Class A Shares issued upon conversion of Class B Shares owned by the Holders at a Conversion Ratio applied by DWAC on the closing of the Business Combination subtracted from (ii) the aggregate number of Class A Shares issuable upon conversion of Class B Shares owned by the Holders at a Conversion Ratio of 2-for-1.
Sample 1
Disputed Shares means the 90,453 shares of i2 Telecom Common Stock which have been issued of record to Teng Xxx Xxx and have been deposited by i2 Telecom into an escrow account with Xxxxx & Lardner, as escrow agent. The Disputed Shares shall include, without limitation, any securities issued upon conversion of such shares or in exchange for or in replacement of such shares whether pursuant to the Agreement or otherwise.
Sample 1

Examples of Disputed Shares in a sentence

  • Due to non-cooperation between the Sellers and certain other parties, the Disputed Shares were not transferred to the Purchasers.

  • During the following several years, Szalay attempted repeatedly to recover the Disputed Shares, maintaining that, in contravention of the Founders‘ agreement under which Szalay and Will each were to get 3 million and Thomas was to get 1.5 million Founders‘ Shares, Will had given the Disputed Shares to his wife.

  • Second, the Action by Written Consent indicates that the actions regarding the issuance as Series A Preferred Stock to Szalay was taken to correct a previous error.149 This is the error regarding the Disputed Shares that Szalay had been complaining about for years.

  • Thus, even if the 2005 Issuance was ineffective, Szalay‘s claim against the Company for additional Founders‘ Shares effectively would have been satisfied or released as consideration for the 2009 Issuance of the Disputed Shares.

  • I found above that Szalay provided the Company with two alternative forms of consideration in exchange for the Disputed Shares: the shares of common stock he received in the 2005 Issuance and the release, in effect, of his claim to additional Founders‘ Shares.

  • Even Sundberg, who represented Genelux in connection with the Wills Settlement, testified (albeit equivocally) that the release would not preclude Szalay from seeking additional Founders‘ Shares from Genelux.146Furthermore, Simus failed to carry his burden to prove that Szalay never had a valid claim to the Disputed Shares in the first place.

  • She also reiterated that program directors should encourage their students to review the in-state residency requirements so they can begin to move through that process.

  • For Plaintiffs to prevail on their argument that the Wills Settlement extinguished Szalay‘s claim to the Disputed Shares, Plaintiffs would have to prove that, by virtue of the Wills Settlement, Szalay released claims he had against the Company for Disputed Shares.

  • For further details, see “Outstanding Litigation and Material Developments” on page 327 Any adverse order or direction in this case by the arbitration tribunal or any subsequent judgment by any authority, could result in our management’s time being diverted and restrict the ability of the Purchasers to transfer the Disputed Shares.

  • Each of Simus, Thomas, and Zindrick either was involved in the secret plot to remove Szalay from the Board that led to this action to invalidate Szalay‘s Disputed Shares or the 2009 Issuance of the Disputed Shares that purported to dilute Thomas‘s percentage of Founders‘ Shares.


More Definitions of Disputed Shares

Disputed Shares means only shares of Common Stock issued pursuant to the Acclaim Option, the Axxxxx Warrant or the Mannat Warrant.
Sample 1

Related to Disputed Shares

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • 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.

  • 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.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • RSU Shares means shares of Common Stock that underlie an RSU.

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

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

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Sold Shares shall have the meaning specified in Section 6.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

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

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;