Foundation Shares definition

Foundation Shares means the New Shares with an aggregate Subscription Price of DKK 6.0 billion that the Foundation has irrevocably undertaken to subscribe for in the Rights Issue pursuant to the Foundation Irrevocable Subscription Undertaking;
Sample 1Sample 2Sample 3
Foundation Shares whenever it is used in this Addendum designates and includes all Cobalt shares Beneficially Owned by the Foundation at the time as of which the term shall be applied.
Sample 1

Examples of Foundation Shares in a sentence

  • In order to serve the purposes for which it was formed and to maintain its qualification under Code Section 501(c)(3), the Foundation may sell, on an annual basis, a portion of the Foundation Shares.

  • All representations, warranties and agreements contained in this Agreement, or contained in certificates of officers of the Company, the MHC or the Bank submitted pursuant hereto, shall remain operative and in full force and effect, regardless of any investigation made by or on behalf of the Agent or any controlling person, or by or on behalf of the Company, and shall survive delivery of the Securities and the issuance of the Foundation Shares.

  • In order to serve the purposes for which it was formed and maintain its Section 501(c)(3) qualification, the Foundation may sell, on an annual basis, a limited portion of the Foundation Shares.

  • Certificates for Shares and the Foundation Shares, or alternatively statements of ownership for Shares and the Foundation Shares, shall be delivered directly to the purchasers in accordance with their directions.

  • In each jurisdiction where any of the Shares or Foundation Shares shall have been registered or qualified as above provided, the Company will make and file such statements and reports as are required by the applicable regulatory authority in connection with such registration or qualification.

  • All representations, warranties and agreements contained in this Agreement, or contained in certificates of officers of the MHC, the Company or the Bank submitted pursuant hereto, shall remain operative and in full force and effect, regardless of any investigation made by or on behalf of the Agent or controlling person, or by or on behalf of the Company, and shall survive delivery of the Securities and the Foundation Shares.

  • The candidate starts with no experience and will be attending academy.

  • The issuance of the Shares and Foundation Shares is not subject to preemptive rights, except for the subscription rights granted pursuant to the Plan.

  • Upon issuance of the Shares and the Foundation Shares, good title to the Shares and the Foundation Shares will be transferred from the Company to the purchasers thereof against payment therefor as set forth in the Plan and the Prospectus, subject to such claims as may be asserted against the purchasers thereof by third party claimants, or the Foundation, as applicable.

  • The terms and provisions of the Shares and the Foundation Shares will conform in all material respects to the description thereof contained in the Prospectus.


More Definitions of Foundation Shares

Foundation Shares means, upon Transfer in accordance with this sentence, up to 4,000,000 Shares that constitute Owned Shares as of the date of this Agreement, which Shares may be Transferred by the Stockholder after the date of this Agreement to The Xxxxxxxx Family Foundation or another entity or entities for estate planning, educational or other charitable purposes.
Sample 1
Foundation Shares means all of the Company Shares owned by the Foundation.
Sample 1
Foundation Shares means the ordinary foundation shares of £1.00 in the share capital of the company from time to time;
Sample 1
Foundation Shares means all the common D Shares in the capital of the Company legally owned by the Foundation, details of which are set out in Schedule 1 Part B; Foundation Share Consideration means those of the Consideration Warrants that are to be transferred in consideration for the sale of the Foundation Shares; Freshfields means Freshfields Bruckhaus Deringer of 65 Fleet Street, London EC4Y 1HS;
Sample 1

Related to Foundation Shares

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

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

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

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

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

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

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

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • 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.

  • Series D Shares means shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.

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