Milestone Shares definition

Milestone Shares has the meaning set forth in Section 7.2.
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Milestone Shares means, in respect of any Redemption Amount, such number of Vernalis Shares, if any, to be allotted and issued to satisfy such Redemption Amount in accordance with section 2.4.5;
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Milestone Shares means, subject to clause 10.4, that number of Shares calculated in accordance with the following formula: Where: S equals the Milestone Shares; P equals the Milestone Shares Subscription Price; and VWAP equals the 28 day volume weighted average price of the Shares, traded on the ASX up to and including the date that is 1 Business Day prior to the date that the Milestone Shares Condition is satisfied or waived in accordance with this agreement.
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Examples of Milestone Shares in a sentence

  • Milestone Shares will be issued upon occurrence of any of the following events having occurred during the employment by the Company of the Employee.

  • Notwithstanding the foregoing or anything to the contrary contained in this Agreement, if the Milestone Event occurs prior to the Initial Closing, Investor shall purchase the Milestone Shares at the Initial Closing.

  • Neither this Warrant nor any of the rights, interests or obligations hereunder may be assigned, by operation of law or otherwise, in whole or in part by the Holder to any person or entity without the prior written consent of the Company; provided that the EBITA Milestone Shares obtained from the exercise of this Warrant may be assigned to members of the Holder’s management team.

  • GSRX further acknowledges that such Chemesis Milestone Shares may only be resold pursuant to a registration statement, which covers the Chemesis Milestone Shares, declared effective by the United States Securities and Exchange Commission or pursuant to an available exemption from the registration requirements of the U.S. Securities Act.

  • DPM shall have tendered delivery of the purchase price for the IPO Shares specified in Section 1.2 at the IPO Closing or the purchase price for the Milestone Shares specified in Section 1.1 at the Milestone Closing by wire transfer to account number 4734-943186 at Well▇ ▇▇▇go Bank, 401 ▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (▇▇A# 1210▇▇▇▇▇) ▇▇ such other account as SIGNAL shall indicate by written notice to DPM.


More Definitions of Milestone Shares

Milestone Shares means those shares of Common Stock which may be issued upon satisfaction of certain milestone achievements by the Company and Target, to those Purchasers who are to receive such Milestone Shares pursuant to the terms of the Merger Agreement.
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Milestone Shares means: (a) unregistered shares of the series of Ovid’s preferred stock most recently issued by Ovid if Ovid’s common stock is not listed for trading on a national securities exchange at the time of issuance of the Milestone Shares (Ovid being in such case, a “Private Company”); or (b) unregistered shares of Ovid’s common stock if Ovid’s common stock is listed for trading on a national securities exchange at the time of the issuance of the Milestone Shares (Ovid being in such case, a “Publicly Traded Company”).
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Milestone Shares means such number of shares of Parent Common Stock equal to twenty percent (20%) of the Total Merger Shares, rounded down to the nearest whole share.
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Milestone Shares shall have the meaning given that term in the Formation Agreement.
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Milestone Shares means, collectively, the First Tranche Milestone Shares, the Second Tranche Milestone Shares, the Third Tranche Milestone Shares and the Fourth Tranche Milestone Shares.
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Milestone Shares means the 1st Milestone Shares, the 2nd Milestone Shares and the 3rd Milestone Shares, as applicable.
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Milestone Shares means the number of shares of Common Stock (rounded down to the nearest whole number) equal to the quotient of $3,950,000 divided by the Milestone Share Price, as may be adjusted pursuant to Section 2.2(b).
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