Exchanged Shares definition

Exchanged Shares has the meaning ascribed thereto in Section 2.1.

Exchanged Shares has the meaning set out in Schedule A;

Exchanged Shares has the meaning assigned in Section 3.4(b).

Examples of Exchanged Shares in a sentence

• In the event that the market value of the Exchanged Shares on the date of sale by the Corporation is different than the Cash Exchange Payment, the difference in value is to the benefit or detriment of the Corporation.

• The Director’s rights with respect to the Share Units received in exchange for the Exchanged Shares, as well as the terms and conditions of the Share Units, are those as described in the Stock Deferral Plan; provided, however, vesting of the Share Units and the rights to the Share Units upon Director’s Cessation of Service on the Board shall be determined under Section 1(c) and Section 2 of this Agreement, as applicable.

• Upon the death of Director, any unvested portion of the Share Units received in exchange for the Exchanged Shares shall vest.

• Upon issuance, the Exchanged Shares will be issued without any restricted CUSIP or other restrictive legend and will be freely tradable (other than by affiliates of the Company) under the Securities Act.

• Immediately following such exchange, the certificates evidencing the Series C Exchanged Shares and all other property of the Trust shall be delivered pursuant to Section 9.08(f), and the Trust will thereafter terminate in accordance with the terms of the Trust Agreement.

More Definitions of Exchanged Shares

Exchanged Shares in respect of one Exchangeable Unit, means one Holdings Share, subject to adjustment as provided in the Agreement; “Holdings Control Transaction” shall be deemed to have occurred if:

Exchanged Shares means the product of (i) the principal amount of the Existing 2022 Notes set forth on the applicable Schedule A for each Noteholder divided by 1,000, and (ii) the Exchange Ratio.

Exchanged Shares means, subject to Section 3.5(b): (i) in respect of a Class A Exchangeable Unit, one TopCo Class A Share; (ii) in respect of a Class B Exchangeable Unit, one TopCo Class B Share; and (iii) in respect of a Class C Exchangeable Unit, one TopCo Class C Fully Voting Share (or at the election of the holder, one TopCo Class C Limited Voting Share);

Exchanged Shares means any Sub Shares to be Exchanged for the Cash Exchange Payment or Stock Exchange Payment, as applicable, on the applicable Exchange Date.

Exchanged Shares means any shares of Class A Common Stock or Class B Common Stock issued in exchange for Paired Interests pursuant to the Exchange Agreement.

Exchanged Shares means the SVM Shares subject to the Exchange pursuant to SECTION 2.1(a) or SECTION 2.2(a) of this Agreement.

Exchanged Shares means 140,000 shares of Aspen Common exchanged for all ownership interest in and to Treiber Controls Inc..