Examples of Payment Share in a sentence
The subscription price for each Payment Share will be based on a 5% discount to the volume weighted average price of the Company’s shares on the TSX Venture Exchange for the five trading days following the date of the particular invoice.
The Payment Shares are being issued at a deemed value of $0.25 per Payment Share.
Each Performance Share or Stock Payment or Bonus Shares and all rights thereunder granted pursuant to the terms of the Executive Bonus Plan shall expire on the date determined by the Program Administrators as evidenced by the Executive Agreement, but in no event shall any Performance Shares or Stock Payment Share or Bonus Share Right expire later than five (5) years from the date on which the Performance Shares or Stock Payment Share or Bonus Rights are granted.
Each Warrant Share issuable upon exercise of this Warrant, upon receipt by the Company of the Exercise Price therefore, and each Net Payment Share issuable upon exercise of this Warrant in lieu of Warrant Shares, shall be validly issued, fully paid and nonassessable, and free from all taxes, liens, and charges with respect to its issuance.
The Corporation shall effect delivery of Dividend Payment Shares to a Holder by, as long as the Corporation's transfer agent is participating in the Depository Trust Company ("DTC") Fast Automated Securities Transfer program, crediting the account of such Holder or its nominee at DTC with the number of Dividend Payment Shares required to be delivered, no later than the close of business on such Dividend Payment Share Delivery Date.
Executive’s acceptance of the Payment Shares will be deemed an acceptance in lieu of and a waiver of the right to the amount of Base Salary on which the Payment Share calculation was based.
The Administrative Agent will promptly notify each Bank of its receipt of any such prepayment, and of such Bank’s Pro Rata Payment Share of such prepayment (which share may be affected by the allocation rules set forth in Section 2.11 with respect to Defaulting Banks).
Some share account types do not permit withdrawal transfers, such as the Loan Payment Share and the Holiday Club Share, while others may not permit any transactions at all, such as Individual Retirement Accounts and Share Certificates.
If Xxxxxx'x Actual Payment Share is less than the Xxxxxx Escrow Share, each Participating Contract Counsel (other than Xxxxxx) shall be entitled to receive a percentage of the difference between the amount of Xxxxxx'x Escrow Share and Xxxxxx'x Actual Payment Share equal to its respective Fee Percentage, with the remainder, if any, to be returned to Settling Defendants in proportion to their respective contributions toward such amount.
If Xxxxxx'x Actual Payment Share is greater than the Xxxxxx Escrow Share, Participating Contract Counsel (other than Xxxxxx) shall be obligated to pay to Xxxxxx an amount sufficient to ensure that Xxxxxx receives Xxxxxx'x Actual Payment Share.