Loan Shares definition

Loan Shares has the meaning given in clause 1.1(a); "Market Out" the right of the Investor to decline to purchase Common Shares in connection with a Placement Notice on one or more occasions if the Exchange refuses to accept or approve any subscription to or issuance of, any Common Shares pursuant to this Agreement for any reason whatsoever, including in respect of the Purchase Price;

Loan Shares means those Shares issued to the Borrower using funds provided from a Loan that has not yet been repaid.

Examples of Loan Shares in a sentence

Upon the making of each Term B Loan Advance (as defined in the Loan Agreement) to the Company, this Warrant automatically shall become exercisable for such number of additional shares of the Class as shall equal (a) the Term B Loan Shares Pool, multiplied by (b) a fraction, the numerator of which shall equal the amount of such Term B Loan Advance and the denominator of which shall equal $10,000,000, subject to adjustment thereafter from time to time in accordance with the provisions of this Warrant.
Army policy currently states HPOs receiving the STRAP stipend will not be available to local commanders or the Chief, Army Reserve, to meet mobilization cross-leveling requirements unless the Surgeon General of the Army approves such action.
The Loan Shares may be issued subject to vesting conditions as determined by the Board in its discretion.
The holders of the Loan Shares, Additional Shares and any assignee thereof, shall hereinafter be referred to as the "Registered Holders".
At the end of each period, the entity revises its estimates of the number of Loan Shares that are expected to vest based on the non-marketing vesting conditions.

Loan Shares shall have the meaning given in the Recitals hereto.

Loan Shares shall have the meaning given in Clause 3.4(a);

Loan Shares. – means the non-brokered private placement of 1,900,000 FinCanna Shares issued to Key Management at $0.30 per FinCanna Share for aggregate gross proceeds of

Loan Shares means the 36,000,000 Ordinary Shares lent by the Lenders to the Borrower pursuant to this Agreement and any securities paid to the Borrower in respect of such shares as referred to in Clause 5;

Loan Shares means the shares that can be purchased by Mr. Northland, financed by loans from Etrion, as outlined in the Shareholders Agreement, which enables Mr. Northland to keep his 10% equity interest in SRH without investing any additional capital;

Loan Shares means Shares acquired with a Loan Facility that has not been repaid in full in respect of that Loan Share.