Lent Shares definition

Lent Shares means up to 3,500,000 Shares lent by a major shareholder of the Issuer to the Investor pursuant to a share lending agreement to be entered into by and between the Investor and such major shareholder of the Issuer on or about the Issue Date. ”Material Adverse Change" betyder
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Lent Shares has the meaning set forth in Section 1.2(d)(ii).
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Lent Shares means the freely tradable Common Shares to be received by the Investor pursuant to the terms of the Share Lending Agreement;
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Examples of Lent Shares in a sentence

  • The Subscriber has no control over the voting rights of the Lent Shares and has no means of ascertaining whether and how these Lent Shares will be voted at the SGM.

  • These Shares include the Lent Shares (being 150,000,000 Shares, representing approximately 3.1% of the issued share capital of the Company immediately after full conversion of the Convertible Note and approximately 2.8% of the issued share capital of the Company immediately after full conversion of the Convertible Note and the Outstanding Convertible Bonds).

  • A true and complete copy of such opinion will be provided to the Company by Parent solely for informational purposes promptly following the date of this Agreement.

  • These Shares comprise 1,798,400,938 Shares held by the Subscriber and the Lent Shares (being 150,000,000 Shares, representing approximately 3.49% of the issued share capital of the Company as at the Latest Practicable Date).

  • The Lent Shares are being included for purposes of illustrating the maximum number of Shares held by the Subscriber before and after the Subscription.

  • Information available is not very detailed and not readily comparable between countries, and for the former Soviet republics detailed comparisons with expenditure structures before 1990 are even more difficult because of the complex transac- tions with the all-Union budget in Moscow.

  • As at the Latest Practicable Date, the Subscriber and persons acting in concert with it are interested in a total of 1,969,460,472 Shares (or 1,819,460,472 Shares if excluding the Lent Shares), representing approximately 45.76% (or 42.27% if excluding the Lent Shares) of the issued share capital of the Company as at the Latest Practicable Date.

  • Undertakings by the Registered Committed Shareholders At the Latest Practicable Date, the Registered Committed Shareholders are, in aggregate, beneficially interested in 5,029,843,327 Shares, comprising the Direct Shares and the Lent Shares, which together represent approximately 32.47% of the total issued share capital of the Company.

  • On 13th February 2017► Receipt of Application Forms after last date of receipt specified may be permitted only at the discretion of the Awards Management► Awards Management will not be responsible for Application Forms that are received in an incorrect format / late / corrupt etc.

  • For the reasons set out in the section headed “Information Required under theTakeovers Code” of this circular, the Stock Borrowers are not considered persons acting in concert with the Subscriber for the purposes of the Convertible Note Subscription and the Whitewash Waiver and the Lent Shares can be voted by the holders thereof at the SGM.

Related to Lent Shares

  • Equivalent Shares means Preferred Shares and any other class or series of capital stock of the Company which is entitled to the same rights, privileges and preferences as the Preferred Shares.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

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

  • Newco Shares means the common shares in the capital of Newco;

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

  • 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.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • 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.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Dissent Shares means Company Shares held by a Dissenting Shareholder and in respect of which the Dissenting Shareholder has validly exercised Dissent Rights;

  • Total Shares means (without double-counting), as of a particular date of determination, the algebraic sum of: (A) the Initial Shares, plus (B) the Additional Shares, minus (C) all Buyback Shares repurchased or redeemed between the Effective Date and such date of determination.

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

  • Subco Shares means the common shares in the capital of Subco;

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

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

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