Initial Consideration Shares definition

Initial Consideration Shares means the Common Stock of the Purchaser to be issued by the Purchaser at Completion pursuant to Clause 3.1(b) and ranking pari passu with the existing Common Stock of the Purchaser at the date of issue;

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Initial Consideration Shares has the meaning set forth in Section 6.1.

Initial Consideration Shares has the meaning ascribed thereto in Section 2.2;

Examples of Initial Consideration Shares in a sentence

The Purchaser delivers to the Sellers’ Representative an irrevocable instruction letter to the transfer agent, instructing the transfer agent to issue to each Seller, such Seller’s Initial Consideration Shares.
Such issuance shall be deemed to fully satisfy the Purchaser’s obligation to deliver the Initial Consideration Shares attributable to Aargauische Kantonalbank and SP ex Draze for S▇▇▇▇▇▇▇.▇▇ AG.
The Parties expressly agree that the Initial Consideration Shares corresponding to: ■ Aargauische Kantonalbank (i.e., 3,540 shares) shall be issued to M▇.
Each Seller agrees that the Initial Consideration Shares may not be sold, transferred, offered for sale, pledged, hypothecated or otherwise disposed of without registration under the Securities Act and any applicable state securities laws, except pursuant to an exemption from such registration under the Securities Act and such laws.
Each Seller is able to bear the economic risk of holding the Initial Consideration Shares for an indefinite period (including total loss of its investment), and has sufficient knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risk of his, her or its investment.

More Definitions of Initial Consideration Shares

Initial Consideration Shares means the number of shares in the common stock of the Purchaser determined in accordance with paragraph 5 of Schedule 3.

Initial Consideration Shares means such number of validly- issued, fully-paid and nonassessable shares of Common Stock that have not been registered under the Securities Act issued to the Borrower at the Closing as are equal to (a) $1,000,000 divided by (b) the per-share Common Stock closing price as quoted on the NASDAQ Small Cap market system on the last trading day immediately preceding the date of the Closing.

Initial Consideration Shares has the meaning ascribed by Clause 4.2;

Initial Consideration Shares means the Common Stock of Marquee Inc. to be issued by Marquee Inc. at Completion pursuant to Clause 3.2(a) and ranking pari passu with the existing Common Stock of Marquee Inc. at the date of issue;

Initial Consideration Shares means the number of new Ordinary Shares to be issued by IMC which will equal 51 per cent of the total aggregate number of Ordinary Shares then in issue following such issuance (on a fully diluted basis) and will, when issued and allotted to MVI, result in MVI’s shareholding in IMC increasing by 51 percentage points) as calculated in a manner consistent with the example set out in Annex 4;

Initial Consideration Shares means the aggregate number of shares of Parent Common Stock included in the Initial Consideration.

Initial Consideration Shares has the meaning assigned in clause 3.3.1 (ii). Initial Cash Consideration has the meaning assigned in clause 3.3.1 (i). Initial Equity Consideration has the meaning assigned in clause 3.3.1 (ii).