KSL Common Shares definition

KSL Common Shares means the Common Shares of KSL, as defined in the KSL Limited Liability Company Agreement.
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KSL Common Shares shall have the meaning given the term “Common Share” in the KSL LLC Agreement.
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KSL Common Shares means the common shares, par value $0.01 per share, of KSL.
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Examples of KSL Common Shares in a sentence

  • The parties agree that pursuant to section 83(h) of the Code, KSI or a KSI Company, as appropriate, shall be entitled to claim federal income taxation deductions with respect to KSL Common Shares that are issued to current or former employees of KSI or a KSI Company who are participants or former participants under either of the KSI Deferred Compensation Plans pursuant to this Agreement.

  • Promptly after each issuance of KSL Common Shares pursuant to this Agreement, KSL shall furnish KSI a notice that lists the date of the issuance, the recipient and the number of KSL Common Shares issued to each recipient.

  • KSL shall issue KSL Common Shares upon the exercise of any KSL Option granted pursuant to this Agreement.

  • KSL hereby agrees that it shall not attempt to claim federal income taxation deductions with respect to KSL Common Shares that are issued by KSL pursuant to this Agreement to current or former employees of KSI or a KSI Company who are participants or former participants under either of the KSI Deferred Compensation Plans.

  • The parties agree that no KSL Common Shares and no shares of KSI Common Stock shall be transferred from the trust funding the KSI Savings Plan to the trust funding the KSL Savings Plan.

  • KSI shall notify KSL when the benefits of the participants and former participants who were employed by KSI or any KSI Company become distributable in the form of KSL Common Shares under any of the KSI Deferred Compensation Plans.

  • As soon as practicable after a notification has been delivered to KSL pursuant to Section 2.2 above, KSL shall cause to be issued directly to the participant or former participant that number of KSL Common Shares equal to those number of non-monetary units deemed credited to his account under the applicable KSI Deferred Compensation Plan as a result of the Distribution, as adjusted under the antidilution provisions of the applicable KSI Deferred Compensation Plan.

  • The Board of Directors of KSI shall formally declare the Distribution and shall authorize KSI to pay it upon the satisfaction or waiver of the conditions set forth in Article 7, by delivery of certificates for KSL Common Shares to the Transfer Agent for delivery to the holders entitled thereto.

  • For so long as KSI Savings Plan assets are invested in KSL Common Shares, whenever KSL files preliminary or final proxy solicitation materials with the Securities and Exchange Commission, KSL shall cause a copy of such materials to be simultaneously sent to the trustee of the trust funding the KSI Savings Plan or the trustee's designee.

  • At or prior to the KSL Effective Time, VLI shall deposit with the Exchange Agent in trust for the benefit of holders of KSL Common Shares, cash to be issued and paid pursuant to Section 3.1(a) in exchange for outstanding KSL Common Shares upon due surrender of KSL Certificates pursuant to this Article III.

Related to KSL Common Shares

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

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

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

  • Additional Common Shares means all common stock (including reissued shares) issued (or deemed to be issued pursuant to Section 2) after the date of the Warrant. Additional Common Shares does not include, however, any common stock issued in a transaction described in Sections 2.1 and 2.2 of the Warrant; any common stock Issued upon conversion of preferred stock outstanding on the date of the Warrant; the Shares; or common stock Issued as incentive or in a nonfinancing transaction to employees, officers, directors, or consultants to the Company.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Parent Common Shares means the common shares of beneficial interest, $0.01 par value per share, of Parent.

  • Additional Common Stock herein shall mean in the most broadest sense all shares of Common Stock hereafter issued by the Borrower (including, but not limited to Common Stock held in the treasury of the Borrower and common stock purchasable via derivative security or option on the date of such grant ), except Common Stock issued upon the conversion of any of this Convertible Note or Warrant.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Holdings Common Stock means the common stock of Holdings, par value $.01 per share.

  • Series A Common Stock means the Series A Common Stock, par value $0.01 per share, of the Company.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

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

  • Acquiror Common Stock means the common stock, $0.001 par value per share, of Acquiror.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

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

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Founders’ Common Stock means all of the shares of Common Stock of the Company acquired by an Insider prior to the IPO for a price of approximately $0.005875 per share;