DSSI Shares definition

DSSI Shares means common shares of DSSI, $0.001 par value per share.
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DSSI Shares. Shall have the meaning ascribed to such term in the Recitals;
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Examples of DSSI Shares in a sentence

  • Each Securityholder (severally as to itself and not jointly) agrees that any DSSI Shares and other capital shares of DSSI that such Securityholder purchases or otherwise acquires beneficial or record ownership of, or with respect to which such Securityholder otherwise acquires sole or shared voting power, following the execution of this Agreement and prior to the Expiration Time (the “New Shares”), shall constitute Subject Securities and be subject to the terms and conditions of this Agreement.

  • Each Securityholder consents to and authorizes the publication and disclosure by INSW and DSSI and their respective Affiliates of the Securityholders’ identity and holdings of DSSI Shares, and the nature of such Securityholder’s commitments, arrangements and understandings under this Agreement, in any press release or any other disclosure document required in connection with the Merger or any other transaction contemplated by the Merger Agreement.

  • As of the date hereof, such Securityholder does not own, beneficially or of record, any capital stock or other securities of DSSI or any Subsidiary of DSSI other than the DSSI Shares set forth on Schedule A opposite such Securityholder’s name.

  • After the Lock Up Period, the Company shall provide any reasonable assistance requested in writing by a Stockholder to facilitate any sale of DSSI Shares permitted under this Section 2.3.

  • As of the date hereof, such Securityholder does not own, beneficially or of record, any capital stock or other securities of DSSI or any Subsidiary of DSSI other than the DSSI Shares set forth on ‎Schedule A opposite such Securityholder’s name.

  • Such Shareholder acknowledges that the DSSI Shares have not been registered under the Act or the securities laws of any state or other jurisdiction and cannot be Transferred unless the DSSI Shares are subsequently registered under the Act and any applicable state laws or an exemption from such registration is available and, in each case, such Shareholder has complied with the Registration Rights Agreement.

  • Except as required for the registration of the DSSI Shares under the Registration Rights Agreement, no filing with or notice to, and no permit, authorization, consent or approval of any Governmental Entity is necessary for the execution and delivery by DSSI of this Agreement or any of the other Transaction Documents to which it is a party or the consummation by DSSI of the transactions contemplated hereby and thereby.

  • On or prior to the Closing Date, DSSI and DSI shall execute and deliver a shareholder loan and stock purchase agreement, in the form of Exhibit 3.3 hereto (the "DSSI-DSI Shareholder Loan Agreement"), whereby DSSI shall (i) repay certain of its existing indebtedness to DSI in the amount of $2.39 million by agreeing to issue the DSSI Shares to the Shareholders on behalf of DSI and paying $140,000 in cash to DSI and (ii) extend a shareholder loan of $1,360,000 to DSI.

  • Such Shareholder is able to bear the economic risk of his investment in the DSSI Shares and is able to afford a complete loss of such investment; and (without derogating from any representations made by DSSI hereunder) such Shareholder has made an independent investigation of DSSI to the extent he/it saw fit and relied upon such Shareholder's own analyses as he/it saw fit in determining to purchase the DSSI Shares.

  • The foregoing restriction on Transfer during the Lock Up Period shall apply notwithstanding the registration of the DSSI Shares by the Company pursuant to Section 3 of this Agreement.

Related to DSSI Shares

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

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

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

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

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

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

  • 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.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

  • 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.

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

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

  • 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.

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

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

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

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

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

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

  • 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.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

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

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

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

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.