Locked Shares definition

Locked Shares has the meaning set out in Clause 19.1.
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Locked Shares mean the Holdco Common Shares issued and outstanding at the time Section 3.1(g) occurs in the Plan of Arrangement;
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Locked Shares has the meaning given in clause 7.1(a);
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Examples of Locked Shares in a sentence

  • Shares of MarketWatch Common Stock received in the Merger that are locked pursuant to the schedule set forth herein are "LOCKED SHARES." Shares of MarketWatch Common Stock received in the Merger that are unlocked pursuant to the schedule set forth herein are "UNLOCKED SHARES." At the Effective Time, all shares of MarketWatch Common Stock received by a Charts Shareholder will be Locked Shares.

  • Holdco will only register a transfer of the Locked Shares that is made in accordance with the transfer restrictions.

  • The first one relates to the burning of a residence in the Carlos Marx neighbourhood, on 16 June 2018, where six members of a family perished, including a three-year-old child and an infant.

  • In the event of a termination of this Agreement by the Company for cause, or a termination of this Agreement by the Employee, any existing lock-up restrictions still applicable on the date of termination to the Locked Shares shall be extended for a period of five years from the date such lock-up restriction is initially scheduled to terminate.

  • In order to secure compliance with the Lock-Up Obligations, the Locked Shares have been booked on the separate ISIN CH0579199743.

  • With respect to any shares of capital stock of the Company, securities convertible into capital stock of the Company and the shares of capital stock of the Company underlying such convertible securities other than the Locked Shares owned by the Employee, some of which are set forth on Schedule B attached hereto, the Employee shall give the Company's Chairman of the Board five business days advance written notice of any intent to sell such Common Stock.

  • Subject to the limitations on liability and all other terms and conditions set forth in the Merger Agreement, the Locked Shares shall be, for the time they remain subject to the lockup provisions described in this Article V, available for settlement of any obligations of the Holders under the Merger Agreement, and each Holder hereby agrees to promptly transfer to the Company the amount of outstanding Locked Shares for which such Holder becomes liable pursuant to the Merger Agreement.

  • No Holder shall Transfer any Locked Shares until the date that is one year from the Closing Date.

  • Notwithstanding anything to the contrary herein, in the event that a Tax Certificate is not provided to the Buyer at least two (2) Business Days prior to the Assumption Closing, the Buyer shall not have to consummate the Assumption.

  • For the term of the Lock-Up Obligation, the Locked Shares therefore may only be offered or sold with the prior consent of Small & Mid Cap Investmentbank AG.


More Definitions of Locked Shares

Locked Shares means 50% of the total number of Shares issued to each Holder pursuant to the Merger Agreement (whether at the Closing Date or thereafter). To the extent any Shares are forfeited by any Holder pursuant to the Merger Agreement, such forfeited Shares will consist of Unlocked Shares and Locked Shares in the same proportion as exists on the Closing Date, unless insufficient Unlocked Shares remain held by such Holder, in which case additional Locked Shares will be forfeited.
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Locked Shares means the Consideration Shares and all Derived Shares; Long-Stop Date means 30/06/2024;
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Related to Locked Shares

  • Listed Shares means shares which are traded or listed on an approved stock exchange;

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

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

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

  • Controlled Shares in reference to any person means all shares of the Company directly, indirectly or constructively owned by such person as determined pursuant to Section 958 of the Code.

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

  • Locked-Up Shareholders means the Persons who are party to the Lock-Up Agreements.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

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

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Company Restricted Shares Section 2.4(c)

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

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

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

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

  • Company Preferred Stock means the Preferred Stock, par value $0.001 per share, of the Company.

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • RSU Shares means shares of Common Stock that underlie an RSU.