Nominal Shares means (i) for any Foreign Subsidiary, nominal issuances of Equity Interests in an aggregate amount not to exceed 5.0% of the Equity Interests or Equity Equivalents of such Subsidiary on a fully-diluted basis and (ii) in any case, director’s qualifying shares, in each case to the extent such issuances are required by applicable Laws.
Nominal Shares means (a) for any Subsidiary of the Borrower that is not a Domestic Subsidiary, nominal issuances of Equity Interests in an aggregate amount not to exceed 1% of the Equity Interests and equivalents thereto of such Subsidiary on a fully diluted basis and (b) in any case, directors’ qualifying shares, in each case to the extent such issuances are required by applicable law.
Nominal Shares means director’s qualifying shares to the extent such issuances are required by applicable Laws and nominal amounts of shares required by applicable Law to be held by local nationals.
Examples of Nominal Shares in a sentence
State the Nominal and Issued Capital of the Company Nominal Shares (KShs) Issued Shares (KShs) …………………………….................................
A Nominal Share will be cancelled when a Participating Share is created until the number of Nominal Shares falls to zero.
Unclassified Shares may be issued as either participating redeemable preference shares (‘Participating Shares’) or Nominal Shares.
Nominal Shares have been accounted for in accordance with the Companies (Jersey) Law 1991 and corresponding amounts have been included in debtors and financial liabilities.
Each holder of Nominal Shares is entitled, on a poll, to one vote irrespective of the number of shares held.
More Definitions of Nominal Shares
Nominal Shares means 4,202,954 shares of Minerals Stock which has been used to establish the initial liquidation percentages among each class of Common Stock as of the Effective Date.
Nominal Shares means the Nominal Shares in the capital of the Company of US$1 par or nominal value each having the rights attaching thereto prescribed in these Articles.
Nominal Shares means (i) for any Subsidiary of the Company that is not a Domestic Subsidiary, nominal issuances of Equity Interests in an aggregate amount not to exceed 1.0% of the Equity Interests or Equity Equivalents of such Subsidiary on a fully-diluted basis and (ii) in any case, director's qualifying shares, in each case to the extent such issuances are required by applicable law.
Nominal Shares has the meaning provided in the Articles of the Issuer;
Nominal Shares means director’s qualifying shares or other shares required by applicable laws to be owned by a Person other than the Issuer and/or one or more of its Subsidiaries.
Nominal Shares means (a) for any Foreign Subsidiary, nominal issuances of Equity Interests in an aggregate amount not to exceed 0.5° 0 of the Equity Interests of such Foreign Subsidiary on a fully- diluted basis and (b) in any case, director’s qualifying shares, in each case to the extent such issuances are required by applicable Law. “Non-Consenting Lender” has the meaning set forth in Section 3.07(d). “Non-Exchanged Term B Loan” means each Term B Loan (or portion thereof) other than an Exchanged Term B Loan. The aggregate principal amount of Non-Exchanged Term B Loans on the Amendment No. 1 Effective Date is $65,229,364.97. “Notice of Intent to Cure” has the meaning set forth in Section 8.04. “Obligations” means all (x) advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party and its Restricted Subsidiaries arising under any Loan Document or otherwise with respect to any Loan, whether direct or indirect (including those acquired by assumption), absolute or con tingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or Restricted Subsidiary of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding and (y) obligations of any Subsidiary arising un der any Term Loan Secured Hedge Agreement. Without limiting the generality of the foregoing, the Ob ligations of the Loan Parties under the Loan Documents (and of their Restricted Subsidiaries to the extent they have obligations under the Loan Documents) include (a) the obligation (including guarantee obliga tions) to pay principal, interest, reimbursement obligations, charges, expenses, fees, Attorney Costs, in demnities and other amounts payable by any Loan Party under any Loan Document and (b) the obligation of any Loan Party to reimburse any amount in respect of any of the foregoing that any Lender, in its sole discretion, may elect to pay or advance on behalf of such Loan Party. Notwithstandin an hin herein to the contrary, no circumstances shall Excluded Swap Obligations constitute Obligations. “Offered Amount” has the meaning set forth in Section 2.05(a)(v)(D)(l). “Offered Discount” has the meaning set forth in Section 2.05(a)(v)(D)(1). “OLD” means original issue discount. “Organization Documents” means, (a) with respect to any corporation, the certificate or arti...
Nominal Shares means (i) for any Foreign Subsidiary, nominal issuances of Equity Interests in an aggregate amount not to exceed 5.0% of the Equity Interests or Equity Equivalents of such