Other Purchasers is defined in Section 2.
Shareholder-Initiated Transfer Purchase means a transaction that is initiated or directed by a Shareholder that results in a transfer of assets within a Contract to a Fund, but does not include transactions that are executed: (i) automatically pursuant to a contractual or systematic program or enrollment such as transfer of assets within a Contract to a Fund as a result of “dollar cost averaging” programs, insurance company approved asset allocation programs, or automatic rebalancing programs; (ii) pursuant to a Contract death benefit; (iii) one-time step-up in Contract value pursuant to a Contract death benefit; (iv) allocation of assets to a Fund through a Contract as a result of payments such as loan repayments, scheduled contributions, retirement plan salary reduction contributions, or planned premium payments to the Contract; or (v) pre-arranged transfers at the conclusion of a required free look period.
Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.
Power Purchaser means the entity that is purchasing the capacity and energy to be transmitted under the Tariff.
Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.
Power Purchase Agreement or "PPA"" shall mean this Power Purchase Agreement including its recitals and Schedules, amended or modified from time to time in accordance with the terms hereof.
Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;
Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.
Forward Purchase Shares shall have the meaning given in the Recitals hereto.
Purchase Shares has the meaning set forth in Section 2.2(a) hereof.
Purchaser Shares means the common shares in the capital of the Purchaser.
Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).
Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.
Investor Warrants has the meaning given it in the recitals of this Agreement.
Commitment Shares shall have the meaning set forth in Section 12.04.
Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).
Master Purchase Agreement means the master purchase agreement between the Holder and the Corporation dated as of January 30, 2023;
Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.
Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.
Purchased Shares has the meaning set forth in Section 2.01.
Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;
Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.
Selling Shareholder has the meaning set forth in Section 3.04(a).
Series B Purchase Agreement has the meaning set forth in the Recitals.
Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.
Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.