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

  • 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 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.

  • Until surrendered as contemplated by this Section 4.2, each certificate which immediately prior to the Effective Time represented outstanding Class A Shares that were transferred to TSA Exchangeco in exchange for Exchangeable 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 Exchangeable Elected Share Consideration.

  • 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.

  • 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.

  • Subject to a Total Election Condition subsisting or Smith & Nephew Group having validly declared or declaring a Related Dividend and subject to the Directors of Smith & Nephew Group not having exercised their power under the Articles of Association of Smith & Nephew Group to suspend the arrangements in this Article 4.2, the Elected Shares shall confer upon the holders thereof the right to receive a dividend per Elected Share equal to the amount specified by the Directors (the "Access Dividend").

  • Callco will transfer such number of the CryptoLogic Ireland Shares acquired in paragraph (d) above to each holder of a CryptoLogic Ireland Elected Share described in paragraph (b) above equal to the number of Crytologic Ireland Elected Shares owned by each such holder in exchange for the transfer to Callco by each such holder of the Crytologic Ireland Elected Shares owned by it.

  • Each TSA Elected Share will, pursuant to the terms hereof, be transferred to TSA Exchangeco in exchange for a number of fully paid and non-assessable TSA Class A Common Shares based on the Exchange Ratio.

  • Each Exchangeable Elected Share will, pursuant to the terms hereof, be transferred to TSA Exchangeco in exchange for a number of fully paid and non-assessable Exchangeable Shares based on the Exchange Ratio.

  • Each holder of a TSA Elected Share will receive additional TSA Class A Common Shares from TSA Exchangeco ("Additional Consideration").

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 means a Common Share comprising part of each Unit;

  • 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

  • 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 each option to purchase shares of Company Common Stock outstanding under 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 Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.