Rebate Shares definition

Rebate Shares means as of the Test Date, the number of PubCo Class B Ordinary Shares equal to the excess (if any) of the number of Remaining Support Shares over the number of Base Sponsor Shares, provided, however, that if there is no such excess, then there shall be no Rebate Shares;
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Rebate Shares means shares issued to a User which entitles that User (but not an Energy Trader) to a rebate in respect of Services.
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Rebate Shares means the Shares referred to in clauses 3.5(a)(i) and 3.5(b).
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Examples of Rebate Shares in a sentence

  • If you apply for Rebate Shares you will be asked to provide personal information to EAL, the Share Registrar, and their respective agents who will collect and hold the personal information provided by you in connection with your Application.

  • IssuerElectricity Ashburton LimitedDescription of Rebate Shares being offeredThe Rebates Shares are only available to persons who become connected to a network owned by EAL or obtain services from EAL.

  • This is an offer of Rebate Shares in Electricity Ashburton Limited (EAL).

  • On a shareholder ceasing to enter into direct or indirect (through an energy retailer) transactions with EAL the Rebate Shares held are surrendered by EAL at the lesser of $1.00 per share or the amount paid up on those shares.Fees or charges payableThere is no liability to pay further charges or make additional payments on the shares being offered.

  • The Rebate Shares are offered to give ownership rights to those persons who contract services, directly and indirectly, with EAL and the share capital raised is secondary to this purpose.

  • In offering Rebate Shares for application at $1.00 each, being the nominal value of all Rebate Shares issued by EAL, those moneys will be used for the general purposes of EAL.

  • All shareholders holding rebate shares are restricted to 100 Rebate Shares.

  • The Ashburton District Council holds non- voting shares so the Rebate Shares represented approximately 5% of the total shares on issue.Each person (which includes individuals, companies and other legal entities) connected to the EAL network can apply for 100 Rebate Shares which are issued for $1.00 each.DistributionsEAL annually discloses the consumer discount pool in advance of the start of each financial year.

  • The purpose of the Offer is to enable persons connecting to the electricity network (network) operated by EAL, and who obtain services directly and indirectly from EAL, to hold Rebate Shares in EAL that entitle the holder to share in any distributions made, or consumer discounts provided, by EAL.

  • The purpose of the Offer is to enable persons connecting to the electricity network (network) operated by EAL, and who obtain services directly and indirectly from EAL, to hold Rebate Shares in EAL that entitle the holder to share in any distributions made, or discounts provided, by EAL.


More Definitions of Rebate Shares

Rebate Shares means the shares held by a User and which have an entitlement to Rebates;
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Related to Rebate Shares

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.

  • Interest Shares means the shares of Common Stock and the related Preferred Share Purchase Rights issuable in payment of interest on the Note.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Purchased Securities has the meaning assigned in the Terms;

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Delivery ex stock means immediate delivery directly from stock actually on hand.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Warrant Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Acquired Shares has the meaning set forth in the Recitals.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Refused Securities has the meaning ascribed to such term in Section 4.1(c)

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.