Elected Shares definition

Elected Shares means the CERI Common Shares held by persons that are not U.S. Persons who elect, in a duly completed Letter of Transmittal and Election Form deposited with the Depositary no later than the Election Deadline, to receive Exchangeable Shares in connection with the Arrangement;

Elected Shares means the sum of (x) the aggregate Pro Rata Portions with respect to the shares of Common Stock of all of the Other Stockholders (including the Participant) that have elected to exercise in full their rights to sell their Pro Rata Portion of shares of Common Stock, and (y) the Selling Stockholder's Pro Rata Portion of shares of Common Stock. (v) "Non-Elected Shares" shall mean the excess, if any, of the total number of shares of Common Stock proposed to be sold to a Purchaser as set forth in a Selling Stockholder's Notice over the aggregate Pro Rata Portions with respect to shares of Common Stock of all of the Other Stockholders (including the Participant) that have elected to exercise their rights to sell their Pro Rata Portions of Shares of Common Stock. 9.

Elected Shares means as regards a particular S&N Group Shareholder and in relation to a particular dividend proposed to be declared by Smith & Nephew Group (or, in the case of a Total Election Condition subsisting, a particular dividend announced by Smith & Nephew Group as being payable by the Company) that number of Common Access Shares equal to the number of S&N Group Shares in respect of which that S&N Group Shareholder has made Valid Dividend Elections which subsist (or which are deemed to subsist) as at the Relevant Time for that particular dividend

Examples of Elected Shares in a sentence

• For such purpose the Board shall capitalise, out of any amount standing to the credit of any reserve or fund (including retained earnings) at the relevant time, whether or not the same is available for distribution, a sum equal to the relevant value per share determined by the Board and apply it in paying up in full the appropriate number of shares for issue and distribution to the holders of the Elected Shares on that basis.

• Upon delivery of a Liberty Notice meeting the requirements specified above within the specified period, the Transferor will be obligated to sell, and Liberty will be obligated to buy, all of the Liberty Elected Shares at the VWAP Price, payable in cash by wire transfer of immediately available funds.

• For this purpose, the Board must capitalise, out of such of the amounts standing to the credit of reserves (including, without limitation, any share premium account and capital redemption reserve) or profit and loss account as the Board may decide, an amount equal to the total nominal amount of the additional shares for allotment and distribution to and amongst the Holders of Elected Shares on that basis.

• Is there anything you would like to add counsel?‘‘[The Petitioner’s Counsel]: Yes, Your Honor.

• The dividend (or that part of it in respect of which a right of election has been offered) may not be paid in cash on shares in respect of which the election has been duly exercised (the " Elected Shares").

More Definitions of Elected Shares

Elected Shares means those shares of Common Stock which an Optionee elects to purchase pursuant to Section 6(c) hereof.

Elected Shares means, collectively, Elected Agrium Shares and/or Elected PotashCorp Shares;

Elected Shares means Ordinary Shares issued to a Participant under Article IV.

Elected Shares has the meaning set forth in Section 5.2.

Elected Shares has the meaning set forth in Section 3(b).

Elected Shares means a number of Company Shares equal to the US Assets Purchase Price divided by the Purchase Price Per Share, held by Xxxxxxxxx Holdings Ltd., rounded to the nearest whole number;

Elected Shares means as regards a particular Smith & Nephew Group Shareholder and in relation to a particular dividend proposed to be declared by Smith & Nephew Group (or, in the case of a Total