Legacy Shares definition

Legacy Shares means the shares of Common Stock originally acquired by (i) Voyager Stockholders pursuant to the Merger Agreement, and (ii) Grandfathered Holder 1 and Grandfathered Holder 2 pursuant to the Stock Subscription and Purchase Agreement.

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Legacy Shares has the meaning set forth in the recitals.

Legacy Shares has the meaning set forth on Schedule “C”.

Examples of Legacy Shares in a sentence

There are no outstanding contractual obligations of Legacy to vote or dispose of any Legacy Shares and there are no stockholder agreements, voting trusts or similar agreements relating to the Legacy Shares to which Legacy or any Legacy Subsidiary is a party.
The Legacy Shares have been issued in material compliance with applicable securities Laws.
To the extent that the amounts are so withheld by the Exchange Agent, Prosperity or the Resulting Corporation, as the case may be, such withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of Legacy Shares, Legacy RSAs, Legacy PSAs or Legacy Options in respect of whom such deduction and withholding was made by the Exchange Agent, Prosperity or the Resulting Corporation, as the case may be.
All of the issued and outstanding Legacy Shares have been duly authorized, validly issued and are fully paid and nonassessable, and are not subject to preemptive rights and were not issued in violation of the preemptive rights of any Person.
All Legacy RSAs and Legacy PSAs are issued and outstanding and are included in the number of Legacy Shares shown as issued and outstanding in this Section 3.03(A).

More Definitions of Legacy Shares

Legacy Shares means 500,000 common shares in the Parent, Novagen Ingenium, Inc. to be issued to the Vendor or the Vendor’s nominee at completion.

Legacy Shares. The shares of Common Stock issued to the limited partners and members, as applicable, of the Legacy Funds in exchange for the sale of their limited partnership interests or membership interests, as applicable, in the Legacy Funds.

Legacy Shares means Shares issued (i) prior to the EMC Closing or (ii) upon the exercise of Company Stock Options that were granted prior to the EMC Closing.

Legacy Shares means Conversion Shares issuable upon conversion of Series A Preferred Stock issued to the Investors participating in the Debt Conversion.

Legacy Shares means the series of Class A shares in the authorized share structure of PPI that have been identified as authorized as “Legacy Shares” and “Legacy Share” shall refer to any share of such series.

Legacy Shares means Shares issued (i) prior to the Closing or (ii) upon the exercise of Company Stock Options that were granted prior to the Closing.

Legacy Shares means all shares of Common Stock held by the Standby Purchasers as of the date hereof.