Guaranteed Shares definition

Guaranteed Shares means all of the Shares other than Non-Guaranteed Shares as defined in Sections 4 and 6(d) hereof.

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Guaranteed Shares has the meaning set forth in Section 2.7(a).

Guaranteed Shares means that number equal to the product of: (i) the ----------------- number of Guaranteed Shares which are not issued to CSC at the Measurement Date; multiplied by (ii) the Market Price at the Measurement Date; and (iii) divided by the Market Price on the Second Measurement Date.

Examples of Guaranteed Shares in a sentence

Of the 450,000 Whitehall shares, Whitehall guarantees that two hundred twenty five thousand (225,000) of those Whitehall shares will have a value twelve (12) months from the Closing Date (as set forth in Section 1.4 herein) of two hundred twenty five thousand dollars ($225,000.00) (the "Guaranteed Shares").
The Guaranteed Shares and the Unguaranteed Shares are referred to collectively as the " Closing Shares." Exhibit 1.3 sets forth Buyer's obligations with respect to the Guaranteed Shares.
Buyer guarantees that Seller will receive a minimum of $700,000.00, net after all commissions, or Fifty Cents ($.50) cash per share net (the "Guaranteed Price"), on 1,400,000 of the shares (the "Guaranteed Shares") that Seller is accepting under this Agreement.
If Seller shall fail to give such notice, Seller shall be deemed to have elected to retain 40,000 Guaranteed Shares for investment pursuant to clause (iii) above.
Any Shares purchased by the Company pursuant to this Section 6(d) shall be deemed to be Guaranteed Shares for purposes of this Agreement.
For purposes of this Agreement, "Company Shares" shall equal the sum of the (i) Closing Shares, plus (ii) Guaranteed Shares, plus (iii) Incentive Shares, plus (iv) Bonus Shares (each as defined below).
Notwithstanding the foregoing, the restrictions on transferability set forth in this Section 5.12 will not apply to a distribution by Seller of the Guaranteed Shares to holders of Seller Common Stock to the extent such distribution is made pursuant to a declaration, setting aside or payment of a dividend.
On each of January 1, 2006 and July 1, 2006, subject to Section 1.3 below, each Member shall receive the number of shares of Company Convertible Preferred Stock equal to the product of (A) multiplied by (B), where (A) equals such Member's Percentage Interest and (B) equals 125,000 shares of Company Convertible Preferred Stock (the "Guaranteed Shares").
For example, if Seller does not exercise this right for two consecutive months, the following month Seller would have the right to require Buyer to purchase 120,000 Guaranteed Shares at a price of $60,000.00 Funds to effect such purchases shall be released from the escrow account.
During the term of this agreement, Seller may require Buyer to buy back up to 40,000 of the Guaranteed Shares per month at the Guaranteed Price.

More Definitions of Guaranteed Shares

Guaranteed Shares means any share or stock issued by a Group Company where the redemption of such share or stock or the payment of capital or dividends on such share or stock is the subject of a Guarantee of a Group Company or a Guarantee of another person who will have recourse in respect of its liability under that Guarantee directly or indirectly to a Group Company or its Assets (other than as a shareholder);