Examples of Puttable Shares in a sentence
Equity component of the Puttable Shares amounting to $19,135,000 was credited to other reserves.
Pursuant to Bermuda Company Law, difference between the issue price and fair value of the Issued Shares amounted to $345,800,000 and issue price of the Puttable Shares amounted to$280,000,000 were debited to other reserves.
Both Issued Shares and Puttable Shares are arising from acquisition of Champ Universe on 28 June 2013.
Pursuant to Bermuda Company Law, difference between the issue price and fair value of the issued shares amounting to $345,800,000 and issue price of the Puttable Shares amounting to $280,000,000 were debited to other reserves.
Revenue from variable remuneration is recognized by the Company only when it is probable that the uncertainty surrounding the variable remuneration will be resolved and the amount of cumulative revenue recognized will not be significantly reduced.Management and consulting fees are calculated and recognized and invoiced on a monthly basis when the actual costs are recorded and the uncertainty surrounding the variable remuneration is resolved.
This option permits one uniform system in the event the contractor is already complying with MIL-Q-9858.
To the extent the Participant is exercising the Put Right with respect to the Puttable Shares, the Company shall be required to repurchase such Shares at a price per share equal to the Fair Market Value thereof determined by the Board on the date of the Put Closing (as defined in Section 3(c) below) after taking due consideration of (but not being bound by) the Formula Price (as defined below).
If the Independent Appraiser’s determination of Fair Market Value exceeds the Fair Market Value as determined by the Board, the repurchase price for the Puttable Shares and the Puttable Options shall instead be determined using either the Fair Market Value determined by the Independent Appraiser, or, if the Fair Market Value determined by the Independent Appraiser exceeds the Formula Price, the Formula Price.
A short biographical presentation of the candidate (curriculum vitae)5.
If any such restrictions or limitations prohibit the repurchase by the Company of the Puttable Options and/or Puttable Shares for cash, the Put Right will be suspended, and the Company shall make such repurchases in cash as soon as it is permitted to do so under such restrictions.