Initial Purchased Shares definition

Initial Purchased Shares means such number of Company Shares vesting in the Investors a “control block” (‘dvukat shlita’) within the meaning of the Companies Law as of the Closing Date, taking into account (i) the Company Shares beneficially held by or on behalf of the Investors on the date hereof (being 622,843) and (ii) the Company Shares held by Ronex as of the Closing (being 3,253,367) (as of immediately prior to the purchase of Company Shares by Ronex from the Founders) and (iii) the Shareholders Agreement.

Initial Purchased Shares means the Purchased Shares made available for purchase pursuant to Purchased Shares Awards granted as of the Effective Date pursuant to Section 6(b).

Initial Purchased Shares has the meaning set forth in Section 2.1(a) of this Agreement.

Examples of Initial Purchased Shares in a sentence

• Upon receipt of the Shareholder Approvals (other than with respect to the Initial Purchased Shares and the Series B Preferred Shares to be issued at the Second Closing, for which Shareholder Approvals are not required), the Securities to be issued pursuant to this Agreement and the Other Securities Purchase Agreements shall have been duly authorized by all necessary corporate action of the Company.

• The Company hereby grants to the Management Investor the right to purchase, on the terms and conditions set forth in this Agreement, all or any part of the number of shares of Common Stock indicated on Annex A hereto (the "Initial Purchased Shares") at the purchase price of $100 (the "Purchase Price") per share.

• The Executive shall not have the right to require the Employer to repurchase such Vested Securities, Initial Securities, Vested Purchased Shares and Initial Purchased Shares.

• At the First Closing, the Company shall have paid to each such Purchaser or one of its designees, a transaction fee of 2.0% of the aggregate purchase price of the Initial Purchased Shares being purchased by such Purchaser incurred for the benefit of the Company in connection with the purchase of the Initial Purchased Shares by such Purchaser, in cash by wire transfer of immediately available funds to a bank account identified by such Purchaser prior to the First Closing.

• The Common Stock issuable upon conversion of the Initial Purchased Shares will be accepted for listing on the Nasdaq Stock Market pending official notice of issuance.

More Definitions of Initial Purchased Shares

Initial Purchased Shares means the Purchased Shares issued on the Initial Closing Date.

Initial Purchased Shares has the meaning set forth in the recitals.

Initial Purchased Shares means, with respect to each Holder, all shares of Common Stock purchased by such Holder from AP Taminco Global Chemical Holdings, L.P. (or any of its Affiliates) pursuant to a “Management Investor Purchase Agreement” entered into on or about the date of this Agreement and any securities of the Company which may be issued or distributed with respect to, or in exchange or substitution for, or conversion of, such Initial Purchased Shares. For the avoidance of doubt, the Initial Purchased Shares shall include any Common Stock thereafter transferred by a Holder in accordance with Sections 5.1(b) through 5.1(g).

Initial Purchased Shares means the Exchange Shares issued in exchange for the Initial Purchased Shares (as defined in the Securities Purchase Agreement) purchased by the initial Holder of this Warrant.

Initial Purchased Shares means, with respect to each Non-YBR ------------------------ Holder, all shares of Common Stock and Preferred Stock (a) purchased by such Non-YBR Holder as of the Original Issue Date and (b) issuable to such Non-YBR Holder pursuant to a distribution from the Company's Senior Executives' Deferred Compensation Plan pursuant to any deferral election made thereunder on or prior to the Original Issue Date, and any securities of the Company which may be issued or distributed with respect to, or in exchange or substitution for, or conversion of, such Initial Purchased Securities.

Initial Purchased Shares means the number of shares of Class A Common Stock under the column entitled “Initial Purchased Shares” on Schedule I hereto.

Initial Purchased Shares has the meaning ascribed thereto in the recitals;