Initial Share Capital definition

Initial Share Capital means all of the shares in the capital of Mallinckrodt issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of seven Mallinckrodt Ordinary Shares and 40,000 ordinary A shares, par value €1.00 per share, of Mallinckrodt.
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Initial Share Capital means all of the shares in the capital of nVent issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of two nVent Ordinary Shares, 25,000 euro deferred shares, with a par value of €1.00 per share, and the Initial nVent Preferred Share, all of which are held by an Irish corporate services provider.
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Initial Share Capital means all of the shares in the capital of SpinCo issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of two ordinary shares, 25,000 euro deferred shares, with a par value of €1.00 per share, and one preferred share, with a par value of $0.01, all of which are held by an Irish corporate services provider.
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Examples of Initial Share Capital in a sentence

  • At the Effective Time, Mallinckrodt shall acquire and cancel, for no consideration, the Initial Share Capital.

  • In addition, our Founding Shares will be convertible following the consummation of the Business Combination into Public Shares representing between 8% and 24% of our Initial Share Capital.

  • Up to 1,578,947 of the 9,473,684 Founding Shares will be redeemed and cancelled, proportionately among the holders thereof, to the extent the Extension Option is not exercised in full, so that the number of Public Shares into which the Founding Shares may be converted at the time of each conversion instalment will represent 8% of our Initial Share Capital.

  • The Founding Shares subscribed at the incorporation of the Fund representing the Initial Share Capital may be redeemed without any Redemption Fee to be borne by the founding shareholder.

  • The amount of dilution that Public Shareholders will experience will depend on whether we achieve the performance targets that trigger the conversion of Founding Shares into Public Shares: • The first conversion instalment, representing 8% of our Initial Share Capital, will occur when we consummate a Business Combination.

  • The Founding Shares will be automatically converted into Public Shares in three performance-based instalments, each composed of Public Shares representing 8% of our Initial Share Capital (a total of 24% if all performance targets are met).

  • Following a Business Combination, our Founding Shareholders will hold Public Shares representing at least 8%, and upon the satisfaction of certain conditions, up to 24%, of our Initial Share Capital, and they may acquire additional Public Shares through the exercise of Founding Warrants.

  • The share capital of SIF1 as registered on the date of this Offer Document with the shareholder register kept by the Central Depository is RON 51,746,072.40 divided into a number of 517,460,724 shares, each with a nominal value of RON 0.1 (hereinafter, the "Initial Share Capital").

  • Challenge of Raising the Initial Share Capital The 2004–05 bank reforms put a daunting challenge in the path of the establishment of Islamic banking in Nigeria and still constitute a clog in the promotion of other Islamic banks after the issuance of the first license.

  • The share capital of Electromagnetica SA as registered on the date of this Offer Document with the shareholder register kept by the Central Depository (Depozitarul Central) is RON 67.603.870,40 divided into a number of 676.038.704 shares, each with a nominal value of RON 0.1 (hereinafter referred to as "Initial Share Capital").


More Definitions of Initial Share Capital

Initial Share Capital means all of the shares in the capital of Mural issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of two Mural Ordinary Shares, 25,000 euro deferred shares, with a par value of €1.00 per share, and the Initial Mural Preferred Share, all of which are held by an Irish corporate services provider.
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Initial Share Capital means the structure of capital of the Company before the Conversion Date;
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Initial Share Capital means all of the shares in the capital of Adient issued and outstanding as of immediately prior to the Effective Time, which consists of one Adient Share and 25,000 euro deferred shares, par value €1.00 per share, of Adient.
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Initial Share Capital means the issued share capital of the Company as at the date of this agreement as set out in schedule 9;
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Initial Share Capital is defined in Article 5.2.
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Related to Initial Share Capital

  • equity share capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Paid-up share capital means the paid-up share capital as defined in Section 2 of the Companies Act, 2013.

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 67(2) of the 1990 Act);

  • Share Capital means: (i) any shares, interests, participations or other equivalents (however designated) of share capital of a company; (ii) any ownership interests in a Person other than a company, including membership interests, partnership interests, joint venture interests and beneficial interests; and (iii) any warrants, options, convertible or exchangeable securities, subscriptions, rights (including any pre-emptive or similar rights), calls or other rights to purchase or acquire any of the foregoing.

  • Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis expected as of the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer.

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • 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.

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

  • Initial Share Price for a Share means the Closing Price on the Exchange (or where such Exchange does not announce or publish a Closing Price, the last traded price, or, if necessary, the mid-market price) for that Share on the Initial Valuation Date, subject to adjustments that may be made pursuant to “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Share Cap has the meaning specified in clause (e) of the definition of Alternative Payment Mechanism.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Ordinary Shareholders means holders of Ordinary Shares;

  • equity share means any share of any class of shares of a company carrying voting rights under all circumstances and any share of any class of shares carrying voting rights by reason of the occurrence of any contingency that has occurred and is continuing; (“action participante”)

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

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

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions;

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • 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;

  • Existing Shares means, with respect to the Stockholder, the number of Company Shares Beneficially Owned and/or owned of record by the Stockholder as of the date hereof, as set forth on Schedule A.