Measurement Shares definition

Measurement Shares means 1,689,975 hypothetical Class A Shares granted to the Sponsor Shareholders on the Effective Date.
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Measurement Shares means those shares of the Company’s capital stock purchased by Sterling prior to the date of closing of the Liquidity Event. In computing the internal rate of return of Sterling with respect to the Measurement Shares, no amounts received pursuant to any management agreement, and no transaction fee paid to Sterling or any of its affiliates (including any transaction fee received in connection with the transactions contemplated by the Purchase Agreement or the Liquidity Event), shall be deemed received by Sterling in respect of the Measurement Shares. Any computation of internal rate of return shall be computed from January 18, 2007, the date of Sterling’s initial investment in the Company. For purposes hereof, “Liquidity Event” shall mean the first to occur of:
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Measurement Shares means those shares of the Company’s capital stock (i.e., all shares of both common and preferred stock) purchased by Sterling prior to the date of closing of the IPO.
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Examples of Measurement Shares in a sentence

  • The number of Measurement Shares shall be subject to adjustment by the Committee during the Performance Period in the manner set forth in Section 4.2(b) of the MarketAxess Holdings Inc.

  • For purposes hereof, Measurement Shares shall mean those shares of the Company’s capital stock (both common and preferred) purchased by Sterling prior to the date of the Liquidity Event.

  • If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraph (e) below, the right to exercise this SAR shall terminate three months after such cessation (but in no event after the Final Exercise Date); provided that this SAR shall be exercisable only for that number of Measurement Shares that were vested under this SAR on the date the Participant ceased to be an Eligible Participant.

  • The right of exercise shall be cumulative so that to the extent this SAR is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Measurement Shares for which it is vested until the Expiration Time unless sooner exercised or terminated in accordance with this Agreement.

  • This SAR shall be exercised on the Exercise Date with respect to the number of Measurement Shares for which this SAR is vested as of such date or such lesser number as the Participant chooses, but not with respect to fewer than the lesser of (i) 100 shares or (ii) the number of remaining Measurement Shares covered by this SAR.

  • The number of Measurement Shares shall be subject to adjustment by the Committee during the Performance Period in the manner set forth in Section 4.2(b) of theMarketAxess Holdings Inc.

  • In computing the internal rate of return of Sterling with respect to the Measurement Shares, no amounts received pursuant to any management agreement, and no transaction fee paid to Sterling or any of its affiliates (including any transaction fee received in connection with the transactions contemplated by the Purchase Agreement or the Liquidity Event), shall be deemed received by Sterling in respect of the Measurement Shares.

  • The term "Measurement Shares" shall mean 6,919,393 shares of Common Stock, plus any Extra Shares issued or issuable after the Original Issue Date.


More Definitions of Measurement Shares

Measurement Shares means that number of MuniMae Common Shares as is equal to the quotient of Four Million Dollars ($4,000,000) divided by the Closing Date Average Share Price.
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Measurement Shares means those shares of the Company’s capital stock purchased by Sterling prior to the date of the Liquidity Bonus Event. In computing the internal rate of return of Sterling with respect to the Measurement Shares, no amounts received pursuant to any management agreement, and no transaction fee paid to Sterling or any of its affiliates (including any transaction fee received in connection with the transactions contemplated by the Liquidity Bonus Event), shall be deemed received by Sterling in respect of the Measurement Shares. Any computation of internal rate of return shall be computed from the initial investment on January 18, 2007. Twenty-five percent (25%) of the Liquidity Bonus will become vested on each of August 6th, 2008, 2009, 2010 and 2011, provided that Executive is employed by the Company on such date and provided further that the vested Liquidity Bonus will only cease to be vested if Executive’s employment is terminated by the Company for “justifiable cause” (as defined below) or Executive violates his obligations under Section 9 hereof, in each case prior to the occurrence of a Liquidity Bonus Event. For the avoidance of doubt, if Executive’s employment is terminated by the Company without “justifiable cause” or by reason of death or disability, or Executive voluntarily terminates his employment but does not violate his obligations under Section 9, that portion of the Liquidity Bonus that is vested on the date of termination of employment shall remain vested. Any unvested portion of the Liquidity Bonus will terminate effective upon Executives termination of employment, regardless of whether the decision to terminate is the Company’s or Executive’s.
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Measurement Shares means, as of any date, the shares of common stock of the Company that would have been subject to such proposed RSU and PSU awards if the awards had been granted and that would have been vested as of such date, all as further described on Exhibit 1.
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Related to Measurement Shares

  • 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.

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

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • 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.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

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

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

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

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

  • 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.

  • Net Shares has the meaning provided in Section 2.12 hereof.

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

  • Earn-Out Shares has the meaning provided in Section 2.2(b).

  • Earnout Shares has the meaning set forth in Section 3.6(a).

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Specified Shares means all or, as the case may be, some of the shares specified in a disclosure notice;

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • 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.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

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

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

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

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

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Fully Diluted Shares means, at any time of determination, the number of shares of common stock of the applicable entity outstanding at such time, plus the number of shares of issuable upon exercise or conversion or otherwise pursuant to any in-the-money common stock equivalents of such entity outstanding at such time.