Independent Shares definition

Independent Shares means any (i) Separate Shares of Convertible Preferred Stock and (ii) any shares of Convertible Preferred Stock held on or after the first to occur of (x) a Successful Remarketing and (y) June 1, 2022.
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Independent Shares means a number of shares of Common Stock equal to (a) the result of (i) the number of issued and outstanding shares of Common Stock that are not Beneficially Owned by Paros, All Seas, any of their respective Permitted Transferees or by any other Persons who acquired Units originally held by such Member pursuant to a Permitted Transfer, divided by (ii) the sum of (x) 1 (one) minus (y) the lesser of (A) the Percentage Board Representation of Paros and All Seas, and (B) the quotient obtained by dividing the number of issued and outstanding shares of Common Stock that are Beneficially Owned by Paros, All Seas and any of their respective Permitted Transferees by the number of issued and outstanding shares of Common Stock that are Beneficially Owned by Paros, All Seas, any of their respective Permitted Transferees and all other shareholders of Euroseas (other than any Persons (other than Permitted Transferees) who acquired Units originally pursuant to a Permitted Transfer), collectively, minus (b) the number of issued and outstanding shares of Common Stock that are not beneficially owned by Paros, All Seas, any of their respective Permitted Transferees or by any other Persons who acquired Units originally held by such Member pursuant to a Permitted Transfer.
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Independent Shares means any (i) Separate Shares of Mandatory Convertible Preferred Stock and (ii) any shares of Mandatory Convertible Preferred Stock held on or after the occurrence of a Successful Remarketing.
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Examples of Independent Shares in a sentence

  • Contractor agrees that no less than these prevailing rates shall be paid to workers employed on this public works contract as required by California Labor Code section 1774.

  • The Panel has agreed to a waiver of the obligations under Rule 9 of the Takeover Code (commonly referred to as a “Whitewash”), subject to the Whitewash Resolution being approved on a poll at the General Meeting by Independent Shareholders holding, in aggregate, a simple majority of the votes cast on the Independent Shares.

  • Independent Shares held: 4,150Board/Committees Attendance • Corporate Governance and Nominating Committee5 of 5(5)1 of 1 Eric NoyrezBidart, FranceLead Independent Director Chair, Compensation CommitteeMember, Audit Committee Chair, HESS Committee Director since October 2017 IndependentShares held: 3,771Mr. Noyrez has been an independent and Lead Director of Neo since October 2017, and prior to which he was an independent director of Neo C&O since August 31, 2016.

  • Saskatchewan, Canada Director since: June 18, 2003 Independent Shares held: 123,855 (1) Mr. McMillan is currently CEO of Claude Resources Inc., a Saskatchewan based gold exploration and mining company.

  • HochsteinCoquitlam, BC Canada Director since June 2004 Not Independent Shares: 285,600Ron Hochstein, P.Eng.5 is the President and Chief Executive Officer of Lundin Gold.

  • Background of and reasons for the entering into the Amendment Agreement” above, we consider that the benefits of the Alteration outweigh the deep discount of the Conversion Price and therefore, the Conversion Price is acceptable to the Independent Shares as a whole.

  • Those who fall in the category mentioned in above clause must provide valid Tax Exemption Certificate to our Company’s Independent Shares Registrar; otherwise tax will be deducted on dividend amount as per prescribed rates.

  • Menell Woodstock, United Kingdom Director since: June 15, 2006 (11) Independent Shares held: 25,000 (1) Mr. Menell is a principal and the CEO of the Kemet Group, a group of private companies which invests in and manages a range of mining and other natural resource projects across East, Central and West Africa.

  • Members desiring non-deduction of Zakat are also required to submit a valid declaration, duly attested by Oath Commissioner on Stamp Paper to Company’s Independent Shares Registrar for non-deduction of Zakat.

  • Saskatchewan, Canada Director since: June 18, 2003 Independent Shares held: 123,855 (1) Mr. McMillan is currently the non-executive chair of the board of Cameco Corporation.


More Definitions of Independent Shares

Independent Shares means the Ordinary Shares held by Independent Shareholders; “Invesco” means Invesco Asset Management;
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Independent Shares means a number of shares of Euroseas Common Stock, rounded to the nearest whole share, equal to (a) the result of (i) the number of issued and outstanding shares of Euroseas Common Stock that are not beneficially owned by Paros, All Seas, any of their respective Permitted Transferees or by any other Persons who acquired Units originally held by such Member pursuant to a Permitted Transfer, divided by (ii) the sum of (x) 1 (one) minus (y) the lesser of (A) the Percentage Board Representation of Paros and All Seas and (B) the quotient obtained by dividing the number of issued and outstanding shares of Euroseas Common Stock that are beneficially owned by Paros, All Seas and
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Independent Shares means the Shares purchased (i) independently by the Participant with their own monies and independent of any equity-based incentive program offered by the Employer or grant thereunder, (ii) after the date the Participant became eligible to participate in the Plan, (iii) subject to restrictions during Blackout Periods and satisfaction of insider reporting requirements under the applicable law, (iv) through market purchases on the Toronto Stock Exchange or the New York Stock Exchange, and (v) held and recorded by the Participants in their personal investment accounts separate and apart from those Shares held in the Participant’s Personal Account;
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Independent Shares means a number of shares of Euroseas Common Stock, rounded to the nearest whole share, equal to (a) the result of (i) the number of issued and outstanding shares of Euroseas Common Stock that are not beneficially owned by Paros, All Seas, any of their respective Permitted Transferees or by any other Persons who acquired Units originally held by such Member pursuant to a Permitted Transfer, divided by (ii) the sum of (x) 1 (one) minus (y) the lesser of (A) the Percentage Board Representation of Paros and All Seas and (B) the quotient obtained by dividing the number of issued and outstanding shares of Euroseas Common Stock that are beneficially owned by Paros, All Seas and any of their respective Permitted Transferees by the number of issued and outstanding shares of Euroseas Common Stock that are beneficially owned by Paros, All Seas, any of their respective Permitted Transferees and all other shareholders of Euroseas (other than any Persons (other than Permitted Transferees) who acquired Units originally pursuant to a Permitted Transfer), collectively, minus (b) the number of issued and outstanding shares of Euroseas Common Stock that are not beneficially owned by Paros, All Seas, any of their respective Permitted Transferees or by any other Persons who acquired Units originally held by such Member pursuant to a Permitted Transfer.
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Independent Shares means the Shares purchased (i) independently by the Participant with their own monies and independent of any equity- based incentive program offered by the Employer or grant thereunder, (ii) after the date the Participant became eligible to participate in the Plan,
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Related to Independent Shares

  • Independent Shareholders means holders of outstanding Voting Shares, excluding (i) any Acquiring Person, (ii) any Offeror, (iii) any Affiliate or Associate of any Acquiring Person or Offeror, (iv) any Person acting jointly or in concert with any Acquiring Person or Offeror, and (v) any employee benefit plan, share purchase plan, deferred profit sharing plan or trust for the benefit of employees of the Corporation or a wholly-owned Subsidiary of the Corporation (unless the beneficiaries of such plan or trust direct the manner in which such Voting Shares are to be voted or direct whether the Voting Shares are to be deposited or tendered to a Take-Over Bid, in which case such plan or trust shall be considered to be an Independent Shareholder).

  • 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.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Dissent Shares means Company Shares held by a Dissenting Shareholder and in respect of which the Dissenting Shareholder has validly exercised Dissent Rights;

  • Full Entitlement Share(s) shall have the respective meanings set forth in Section 2.12.

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

  • 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.

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

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

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

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

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

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

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

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

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

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

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

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

  • Payment Shares has the meaning set forth in Section 2.02;

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

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