FM Shares definition

FM Shares. Has the meaing given to it in Recital (B);
FM Shares has the meaning given to it in Recital (C);
FM Shares means the 1,000 issued and outstanding shares of Common Stock of FM, all of which are held of record by the FM Shareholders.

Examples of FM Shares in a sentence

  • There are no options, rights, voting trusts, shareholder agreements or any other contracts or understandings to which such FM Shareholder is a party or by which such FM Shareholder or such FM Shareholder's FM Shares are bound with respect to the issuance, sale, transfer, voting or registration of such FM Shareholder's FM Shares.

  • No holder of FM Shares or any other Equity Security of FM or any other Person is entitled to any preemptive right, right of first refusal or similar right as a result of the issuance of the FM Shares, the transactions contemplated hereby or otherwise.

  • The exchange of the FM Shares has been duly authorized, and the FM Shares have been validly issued and are fully paid and nonassessable.

  • Such FM Shareholder owns, either of record or has beneficial ownership as of the date of this Agreement, and has good, valid and indefeasible title to and the right to transfer to YCNG pursuant to this Agreement, such FM Shareholder's FM Shares free and clear of any and all Liens.

  • At the Closing Date, YCNG will acquire good, valid and marketable title to such FM Shareholder's FM Shares free and clear of any and all Liens.

  • There shall not have been made or threatened by any Person any claim asserting that such Person (a) is the holder of, or has the right to acquire or to obtain beneficial ownership of the FM Shares or any other stock, voting, equity, or ownership interest in, FM, or (b) is entitled to all or any portion of YCNG Shares.

  • At the Closing, each FM Shareholder shall transfer to YCNG the number of FM Shares held by each such FM Shareholder, and, in consideration therefor, YCNG shall issue to such FM Shareholder the number of Exchange Shares to which each such FM Shareholder is entitled (the "Exchange"), which issuance by YCNG shall be effected by delivery of stock certificates representing the Exchange Shares to the FM Shareholders within seven (7) days following the Closing.

  • Neither FM nor any FM Shareholder has any legal obligation, absolute or contingent, to any other Person to sell, encumber or otherwise transfer FM, FM Shares, or FM's business (in whole or in part), or effect any merger, consolidation, combination, share exchange, recapitalization, liquidation, dissolution or other reorganization involving FM, or to enter into any agreement with respect thereto.

  • Other than the F&M Shares, F&M has no other class of stock authorized.

  • For purposes of this assumption, F&M Shares surrendered by dissenters, or exchanged for cash in lieu of fractional shares of Acquiror Shares will be treated as outstanding F&M Shares at the Effective 4 Board of Directors _______________, 1996 Page 4 Time.


More Definitions of FM Shares

FM Shares shall have the meaning ascribed thereto in the Recitals.

Related to FM Shares

  • ASA Shares has the meaning set forth in 2.4(a).

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Sold Shares shall have the meaning specified in Section 6.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Amalco Shares means the common shares in the capital of Amalco;

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Newco Shares means the common shares in the capital of Newco;

  • Acquired Shares has the meaning set forth in the Recitals.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Target Shares means all of the issued and to be issued share capital of the Target.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Company Shares means the common shares in the capital of the Company;

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Common Shares means the common shares in the capital of the Corporation;

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Subco Shares means the common shares in the capital of Subco;

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Sale Shares shall have the meaning set forth in Recital B above; and