Parent Shares definition

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

Parent Shares means the common shares in the capital of the Parent.

Parent Shares means shares of Parent Common Stock.

Examples of Parent Shares in a sentence

• No fractions of a Parent Share will be issued upon the surrender of Common Units outstanding immediately prior to the First Merger Effective Time in accordance with Section 3.2(c), and such fractional interests will not entitle the owner thereof to vote or to have any rights as a holder of any Parent Shares.

• The parties acknowledge that payment of such cash consideration in lieu of issuing fractional Parent Shares was not separately bargained-for consideration but merely represents a mechanical rounding off for purposes of avoiding the expense and inconvenience to Parent that would otherwise be caused by the issuance of fractional Parent Shares.

• For purposes of dividends or other distributions in respect of Parent Shares, all Parent Shares to be issued pursuant to the First Merger shall be entitled to dividends pursuant to the immediately preceding sentence as if issued and outstanding as of the First Merger Effective Time.

• Any and all Parent Shares delivered in accordance with this Section 3.2(c) shall be uncertificated and shall be registered in book-entry form.

• As of the First Merger Effective Time, Parent shall have on file a registration statement on Form S-8 (or any successor or other appropriate form) with respect to Parent Shares subject to the Assumed RIU Awards and Assumed PU Awards and shall maintain the effectiveness of such registration statement or registration statements (and maintain the current status of the prospectus or prospectuses contained therein) for so long as the Assumed RIU Awards and Assumed PU Awards remain outstanding.

More Definitions of Parent Shares

Parent Shares has the meaning set forth in Section 2.02.

Parent Shares has the meaning set forth in Section 3.2(a)(iii).

Parent Shares means the ordinary shares of $0.0001 par value of Parent.

Parent Shares shall have the meaning set forth in the Separation and Distribution Agreement.

Parent Shares means shares of Parent Stock.

Parent Shares means the ordinary shares, with a nominal value of U.K. fifty xxxxx each ("Ordinary Shares"), of Cordiant (including any options or other rights to receive Ordinary Shares) and the American Depositary Shares, each representing the right to receive five Ordinary Shares ("ADSs").

Parent Shares shall have the meaning specified in Section 4.2(a).