Free Shares definition
Free Shares means, as of any date of determination, and without duplication, a number of Merger Shares or Spin-Off Shares, as applicable, equal to (i) the total number of Merger Shares or Spin-Off Shares, as applicable, then issued and outstanding as determined by the applicable Issuer’s most recent filings with the SEC minus (ii) the total number of Merger Shares or Spin-Off Shares, as applicable, “beneficially owned” within the meaning of Rules 13d-3 or 16a-1(a)(2) of the Exchange Act by Controlling Shareholders as determined by the applicable Issuer’s or such Controlling Shareholder’s most recent filings with the SEC, to the extent such information is reported in such filings. For purposes of clause (ii), with respect to a Long Position of a Controlling Shareholder, the total number of Merger Shares or Spin-Off Shares, as applicable, underlying such Long Position shall be used.
Free Shares means, in respect of any Portfolio, each Share of such Portfolio other than any Commission Share.
Free Shares means Shares awarded under Part A of the Plan which are subject to the Plan;
Examples of Free Shares in a sentence
BUX’s “Free Shares Promotion” provides Clients an opportunity to earn Free Share(s) under two types of programmes: ● Account Opening Programme: for qualifying Clients who open an Account with BUX under the conditions specified in the Account Opening Programme section below; ● Referral Programme: for qualifying Clients who successfully refer a new Client under the conditions specified in the Referral Programme section below.
More Definitions of Free Shares
Free Shares means Shares awarded to Participants without payment, as described in Rule 4.
Free Shares. - means the shares issued by the Company that may be acquired by the Parties of third parties, whether in private transactions or carried out on the stock exchange or over-the-counter market.
Free Shares means, as of any date of determination, and without duplication, a number of Merger Shares or Spin-Off Shares, as applicable, equal to (i) the total number of Merger Shares or Spin-Off Shares, as applicable, then issued and outstanding as determined by the applicable Issuer’s most recent filings with the SEC minus
Free Shares means all the outstanding free shares (actions gratuites) granted by the Company to the current or former employees, directors or other officers of the Group Companies as set forth in Annex 2;
Free Shares means Shares awarded to Participants in accordance with rule 6 (Free Shares) and held by the Trustee under the terms of the Plan;
Free Shares means Restricted Shares as to which the restrictions against disposition and the obligation of resale to the Company have lapsed in accordance with the provisions set forth in paragraphs (d)(ii), (iii) or (iv) of this Section.
Free Shares means as at the date hereof, the 495,396 free shares, definitively acquired or to be acquired by their relevant holders subject to tax and legal lock-up, as described and allocated among their holders in Schedule 3.2.