Elected Share definition

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.

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.

  • The issuance of Elected Shares shall be evidenced by Elected Share Agreements setting forth the total number of shares to be issued and such other terms, restrictions and provisions as are consistent with the Plan.

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

  • Unless the Committee otherwise provides, any ----------------- Participant eligible for Elected Shares and electing to participate shall make his or her election in writing delivered to the Secretary of the Company (which written election may be in the form of an Elected Share Agreement) no later than January 31 of the year with respect to which such Participant's compensation will be applied toward the issuance of Elected Shares.

  • 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.

  • Until surrendered as contemplated by this Section 4.1, each certificate which immediately prior to the Effective Time represented outstanding Class A Shares that were transferred to TSA Exchangeco in exchange for TSA Class A Common Shares shall be deemed at any time after the Effective Time, subject to Section 4.6 (Extinguishment of Rights), to represent only the right to receive upon such surrender the TSA Elected Share Consideration.

  • 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.

  • 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.

  • The Committee may set forth in any Stock ------------------------ Option Agreement, Restricted Share Agreement or Elected Share Agreement the consequences of the termination of employment or service as a Director or Advisor.

  • 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.

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

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

  • Retracted Shares has the meaning ascribed thereto in Section 5.7;

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

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

  • Non-Electing Share has the meaning specified in Section 12.11.

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • Non-Vested Shares means any portion of the Restricted Stock subject to this Agreement that has not become vested pursuant to this Section 2.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Time-share unit means a condominium unit in which a time-share estate or a time-share license exists.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Company Stock Option means any option to purchase one or more shares of the Company’s Common Stock granted under any of the Company Stock Plans.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

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

  • Restricted Share Award means an award of Restricted Shares.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);