Elected Share definition

Elected Share means a Company Share in respect of which an Eligible Canadian Shareholder has duly made a valid Exchangeable Share Election in accordance with Section 3.2 and the Letter of Transmittal.
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Elected Share means, with respect to each Electing Lender, an amount equal to the Delinquency Amount multiplied by such Electing Lender’s Elected Share Ratio.
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Elected Share means, with respect to each Electing Lender, an amount equal to the Delinquency Amount multiplied by such Electing Lender's Elected Share Ratio.
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Examples of Elected Share in a sentence

  • If a holder of record of TrizecHahn Shares (other than a Dissenting Shareholder) fails to make a proper election in the Share Election Form, such holder shall be deemed to have elected to exchange their TrizecHahn Shares under the Arrangement with Trizec Subco in exchange for Trizec Canada Shares and each TrizecHahn Share of such holder shall be deemed to be a Trizec Subco Elected Share.

  • If Agent receives more than one Election Notice within the Election Period, then each Electing Lender has committed to fund its Elected Share.

  • Such AmeriPath Stock shall be transferred at closing free and clear of all Liens, security interests and encumbrances or adverse Claims of any kind or character, other than any applicable transfer restrictions under the Shareholders' Agreement, securities laws, this Agreement or as otherwise noted on the certificates of the AmeriPath Stock included in the Elected Share.

  • Commencing at the Effective Time, the following shall occur and shall be deemed to occur in the following order without any further act or formality: each NPS Elected Share will be transferred by the holder thereof, without any act or formality on its part, to NPS - Allelix Inc.

  • Such Election Notice shall contain the irrevocable agreement of the Seller to sell a specified number of shares of AmeriPath Stock, which shall be not less than 100 shares and not more than the Seller's Maximum Share, in the Sale of Control (such number of shares elected to be sold in the Sale of Control by the Seller being referred to herein as the "Elected Share"), in accordance with the terms and conditions of the Sale of Control.

  • If a Defaulting Lender fails to cure during the Election Period as provided in Section 2.7, then on the expiration of the Election Period, each Electing Lender’s Commitment automatically increases by such Electing Lenders’ Elected Share, and the Defaulting Lender’s Commitment is automatically and permanently reduced by the Delinquency Amount (a “Commitment Adjustment”).

Related to Elected Share

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Director Option means an Option granted pursuant to Section 6.

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

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.