New Cayman Acquired Shares definition

New Cayman Acquired Shares means shares of New Cayman representing 35% of the issued and outstanding shares of New Cayman as of the Closing.

Examples of New Cayman Acquired Shares in a sentence

  • Sumitomo is not acquiring the New Sweden 1 Acquired Shares, the New Sweden 2 Acquired Shares, or the New Cayman Acquired Shares with a view to or for sale in connection with any distributions thereof within the meaning of the U.S. Securities Act of 1933, as amended.

  • The Parties shall allocate the Purchase Price among the New Sweden 1 Acquired Shares, the New Sweden 2 Acquired Shares, the New Cayman Acquired Shares, and the ASC Bolivia Acquired Assets as specified on Schedule E for all purposes; provided that such allocations are consistent with Law (including financial reporting and Tax Law).