'PDM Shares definition

'PDM Shares means (i) the 837,692 registered shares of CB&I Stock issued to Farinvest, Ltd. on February 7, 2001 pursuant to that certain Stock Purchase Agreement of such date between CB&I and WGI, and (ii) the Put Shares as defined in that certain Standby Funding Agreement dated February 7, 2000 among Pitt-Des Moines, Inc., CB&I and Farinvest, Ltd."
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'PDM Shares means (i) the 1,623,846 registered shares of CB&I Stock to be issued to FRE on February 7, 2001 and (ii) the up to 501,598 shares of CB&I Stock issuable to FRF pursuant to the Purchase Warrant and the Additional Warrant (as those terms are defined in the Stock Purchase Agreement dated February 7, 2001 between CB&I and FRF)."
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'PDM Shares. 28 ordinary shares of (pound)1 each in the Company;
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Examples of 'PDM Shares in a sentence

  • The New Admission Document shall contain a recommendation from the PDM Board that the holders of PDM Shares vote in favor of the consummation of the Merger and the other resolutions set out in the EGM Notice.

  • Within two (2) business days of the EGM, PDM USA shall deliver an officer’s certificate to the Escrow Agent certifying the results of the vote on the Merger by the holders of PDM Shares.

  • If approved by holders of PDM Shares at the EGM (as contemplated by Section 3.2), and unless the Merger Agreement is terminated in accordance with Article VII, PDM USA shall approve the Merger Agreement and related transactions as a stockholder of Merger Sub.

  • The parties have further agreed that the Deposit Fund will be distributed as follows: (a) to NORD if the holders of PDM Shares do not approve the Merger, (b) to PDM if the holders of PDM Shares do approve the Merger but the NORD Stockholders do not approve the Merger and (c) into the Exchange Fund for distribution to the holders of Securities of NORD at the Effective Time.

  • This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time, whether before or after the adoption and approval of this Agreement by the NORD Stockholders referred to in Section 6.2(d) or the holders of PDM Shares referred to in Section 6.1(g), by mutual written consent of NORD and PDM USA by action of their respective boards of directors.

  • The New Admission Document contains a recommendation of the PDM Board that the holders of PDM Shares vote in favor of the Agreement and the Merger.

  • This Agreement may be amended by the parties hereto at any time before or after approval of the Merger by the NORD Stockholders; provided, however, that after any such approval, no amendment shall be made that by law requires further approval by the NORD Stockholders and the holders of PDM Shares without such approval having been obtained.

  • The execution, performance and delivery of this Agreement by each of PDM, PDM USA and Merger Sub has been duly authorized by all necessary corporate action on the part of each of PDM, PDM USA and Merger Sub, and no other corporate proceedings on the part of each of PDM, PDM USA and Merger Sub are necessary to authorize the consummation of the Merger, other than the approval of the holders of the PDM Shares.


More Definitions of 'PDM Shares

'PDM Shares means ordinary shares, par value $0.001 per share, of PDM.
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Related to 'PDM Shares

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Coop Shares Shares issued by a Cooperative Corporation.