Initial Investment Shares definition

Initial Investment Shares means Ordinary Shares that the Investor shall purchase from the Issuer, and the Issuer shall issue to the Investor in connection with the Initial Investment, the number of which shall equal the quotient of (a) $25,000,000 less the Warrant Purchase Price, divided by (b) $10.00, rounded down to the nearest whole share.
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Initial Investment Shares has the meaning set forth in Section 2.5.5(a).
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Initial Investment Shares means the shares of Parent Voting Common Stock purchased by the Company pursuant to the Initial Investment.
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Examples of Initial Investment Shares in a sentence

  • In accordance with Section 5.5 (a) above, the Company shall not exercise its right to repurchase (or to cause its designee to repurchase) any Initial Investment Shares purchased by the Purchaser prior to the Termination Date upon exercise of Investment Rights.

  • Upon consummation of transactions contemplated by the Investment Agreement by the relevant Closing Date (as defined below) as set forth in the Investment Agreement, the Holder will hold the Initial Investment Shares, the Further Investment Shares and, if applicable, the Additional Further Investment Shares (as such terms are defined in the Investment Agreement, collectively, the “Shares”).

  • The 6.5 for 1 reverse ------------------------------------------- split of Company shares which has been approved by the Company's Board of Directors and its shareholders described in Section 2.1 herein below shall not affect the gross purchase price for the Initial Investment Shares and, if applicable, the Secondary Transaction Shares, and each purchase price shall remain as $1,000,000.00 for each such transaction.

  • Any interim distributions to the Investors in relation to the Initial Investment Shares prior to such Liquidating Event will be treated as money received by the Investors and credited toward the Investors’ Return on Investment.


More Definitions of Initial Investment Shares

Initial Investment Shares will mean those shares of Series B Common Stock purchased by HNS with the Initial Investment. The terms of this Section VI.C assume that the Initial Investment Shares will be 10,000,000 shares. D.
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Initial Investment Shares means the shares of Series 2 Preferred Stock acquired by the Investors on May 10, 2012.
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Related to Initial Investment Shares

  • Initial Investment : means the amount that you initially subscribed to invest into the Plan.

  • Initial Investors means (A) X.L. Insurance Company, Ltd.; (B) The Trident Partnership, L.P.; (C) Xxxxx & McLennan Risk Capital Holdings, Ltd.; or (D) any majority-owned subsidiary or parent (or equivalent in the case of a non-corporate entity) of the foregoing.

  • 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.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Initial Investor Interest means, with respect to any Series of Certificates, the amount stated in the related Supplement.

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

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

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Initial Invested Amount means the sum of the Class A Initial ----------------------- Invested Amount, the Class B Initial Invested Amount and the Collateral Initial Invested Amount.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

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

  • 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.

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

  • Original Shares means ordinary shares with a par value of US$0.0001 each in the capital of the Company;

  • Purchased Securities has the meaning assigned in the Terms;

  • Purchaser Shares means the common shares in the capital of the Purchaser.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • 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.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • 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.

  • Released Securities means Shares of Restricted Stock with respect to which all applicable restrictions have expired, lapsed, or been waived.