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.
Sample 1Sample 2Sample 3
Initial Investment Shares has the meaning set forth in Section 2.5.5(a).
Sample 1Sample 2
Initial Investment Shares means the shares of Parent Voting Common Stock purchased by the Company pursuant to the Initial Investment.
Sample 1Sample 2

Examples of Initial Investment Shares in a sentence

  • Payment of the Financing Purchase Price for the Initial Investment Shares shall be made against delivery to UCB of the Initial Investment Shares, which shares shall be certificated and delivered to UCB promptly following the closing of the Initial Equity Financing.

  • 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 total number of securities issued under the Initial Investment Share Issue was 9,473,684 Shares (Initial Investment Shares).

  • The Initial Investment Shares were issued to the vendors of Knox, being Biddle Partners Pty Ltd (ACN 009 248 346), Dubois Group Pty Ltd (ACN 135 534 584), Starchaser Nominees Pty Ltd (ACN 077 612 698), John Alexander Young & Cheryl Kay Young, Russell Hardwick, John Campbell Smyth & Anne Novello Hogarth, Clariden Capital Pty Ltd (ACN 134 552 882) and Kalonda Pty Ltd (ACN 009 137 222) (collectively, Knox Vendors).

  • The Initial Investment Shares were issued as consideration for the Initial Investment.

  • It is essential that the Group achieves the operational and business goals in order to meet the financial obligations after implementation of RP.Foreign exchange risk: The Group is primarily exposed to Currency risk on account of exposure to trade payables denominated in foreign currencies.

  • Purchaser will not ------------------------------------------- transfer or assign the Initial Investment Shares or the Secondary Transaction Shares except as provided in Section 4.6.

  • Investor shall document the automatic exercise of the Initial Investment Right by delivering an Investment Right Exercise Notice to the Company and shall pay for the Initial Investment Shares in cash, or through the issuance of a recourse note in the form attached as Appendix 1 to the Investment Right Exercise Notice.

  • The Initial Investment Shares are fully paid ordinary shares in the Company and rank equally with the Company’s existing shares on issue.


More Definitions of Initial Investment Shares

Initial Investment Shares means the shares of Series 2 Preferred Stock acquired by the Investors on May 10, 2012.
Sample 1
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.
Sample 1

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 all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

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

  • Initial Investor Interest means $750,000,000.

  • 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 and the Class B 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 has the meaning ascribed thereto in Section 2.2.

  • 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, when used in reference to any one or more Stockholders, the Shares held by such Stockholder on November 30, 2010, or any shares or other securities into which or for which such Shares may have been converted or exchanged in connection with any exchange, reclassification, dividend, distribution, stock split, combination, subdivision, merger, spin-off, recapitalization, reorganization or similar transaction.

  • 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 securities that were Restricted Securities with respect to which all applicable restrictions have expired, lapsed, or been waived.