Promoter Shares definition

Promoter Shares means equity Shares which are issued and or acquired by the Promoter at any point of time under or pursuant to the terms of this Agreement, including without limitation, Promoter Subscription Shares, any additional or further Shares and all shares arising from or connected to any Shares pursuant to any reorganisation, in each case, so long as such shares are held by Promoter;
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Promoter Shares means 20 (Twenty) equity shares issued by the Company on the terms and conditions set forth in Article 113 hereto;
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Promoter Shares means Equity Shares, Convertible Instruments and other Securities held by the Promoters from time to time;
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Examples of Promoter Shares in a sentence

  • The Promoters having provided to the Acquirer a statement from their respective depository participants, evidencing that no encumbrance exists on any of the Promoter Shares.

  • The Acquirer has agreed to purchase the Offshore Promoter Shares from the Seller on the terms set out in the Share Purchase Agreement.

  • The aggregate cash consideration for the Offshore Promoter Shares is the USD equivalent of ₹5,01,81,04,98,985.

  • The Offshore Promoter Shares shall be sold with full legal and beneficial title and free from encumbrances with all rights then attaching to them.

  • Avendus and KVL by way of the joint consent letter dated March 4, 2021 and Placid by way of its consent letter dated March 4, 2021 (collectively, the “Consent Letters”), have consented for a temporary release on the pledge on Promoter Shares on the Issue Closing Date subject to certain conditions stated in the Consent Letters.

  • In the event of a Control Sale, the Promoters will still be obligated till the Market Trade Outer Date to sellthe remaining Promoter Shares in accordance with paragraph 2.1.3.6 (a).

  • There will be no return of funds from the Escrow Account with respect to the Promoter Shares and the Warrants.

  • The sale shall occur simultaneously with the acquisition of Promoter Shares in terms of SPA 1.

  • This represents the subscription price of the Joint Promoter Shares payable by the Joint Promoters, which is a financial asset of the Company.

  • DSP staff do not proactively request hospital staff to perform assessments or classifications.


More Definitions of Promoter Shares

Promoter Shares means the Shares of the Company owned by the Promoters.
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Related to Promoter Shares

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;