Reclassified Shares definition

Reclassified Shares has the meaning set forth in Section 14.12 of this Warrant.
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Reclassified Shares shall have the meaning set forth in Section 11(a)(i).
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Reclassified Shares shall have the meaning set forth in Section 11(a)(i). (gg) “Record Date” shall have the meaning set forth in the second Recital hereof. (hh) “Redemption Price” shall have the meaning set forth in Section 23(a). (ii) “Redemption Time” means the time at which the Rights are redeemed as provided in Section 23. (jj) “Reduced Threshold” shall have the meaning set forth in Section 27. (kk) “Requisite Percentage” shall have the meaning set forth in Section 23(c)(i). (ll) “Right” shall have the meaning set forth in the second Recital hereof. (mm) “Right Certificate” shall have the meaning set forth in Section 3(d). (nn) “Rights Agent” shall have the meaning set forth in the first Recital hereof. (oo) “Security” shall have the meaning set forth in Section 11(d)(i). (pp) “Special Meeting” shall have the meaning set forth in Section 23(c)(i). (qq) “Special Meeting Demand” shall have the meaning set forth in Section 23(c)(i). (rr) “Special Meeting Period” shall have the meaning set forth in Section 23(c)(ii). (ss) “Spinco Parties” shall have the meaning set forth in Section 1(q). (tt) “Subsidiary” of any Person means any corporation, limited liability company, partnership, joint venture, bank, trust or other entity of which a majority of the voting power of the voting equity securities or equity interests is owned, directly or indirectly, by such Person. (uu) “Trading Day” shall have the meaning set forth in Section 11(d)(ii). Section 2.
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Examples of Reclassified Shares in a sentence

  • The Cash Pool NAV shall be equal to the Cash NAV per Share multiplied by the total number of Reclassified Shares with “B” rights.

  • Where a Shareholder’s Shares are reclassified into both Shares with “A” rights and Shares with “B” rights, the Shareholder’s base cost in their original holding of Shares should be apportioned by reference to the respective market values of the Shares with “A” rights and Shares with “B” rights received, as at the time the Reclassified Shares are first listed.

  • Shareholders who receive cash under the Scheme pursuant to the Cash Option should be regarded as having made a disposal of their Reclassified Shares with “B” rights on the distribution of cash by the Liquidators and may be subject to UK taxation of chargeable gains depending on the particular circumstances of the Reclassified Shareholder concerned.

  • The rms roughness values of the CuIn0.7Ga0.3(Se0.6Te0.4)2 films grown as deposited and 525 oC were 12.10 nm and14.82 nm, respectively.It confirms the conclusion drawn from the XRD measurements that CuIn0.7Ga0.3(Se0.6Te0.4)2 film has maximum grain/crystallite size and it increases with annealing process.

  • Instead, the Shareholder should be regarded as having acquired the Reclassified Shares at the same time and for the same aggregate base cost as their original holding of Shares.

  • The Transfer Agreement provides for the transfer of the cash, undertaking and other assets of the Company comprising the Rollover Pool to NAVF (or its nominee), in consideration for the allotment of New NAVF Shares to the Liquidators (as nominees for the Shareholders entitled to them), such shares to be renounced by the Liquidators in favour of the holders of Reclassified Shares with “A” rights on the basis referred to in paragraph 8 of Part 3.

  • Any assets representing a fraction of the entitlements of holders of Reclassified Shares with “A” rights and whose holding of New NAVF Shares is rounded down shall be retained by NAVF and represent an accretion to its assets.

  • To the extent that Shareholders receive a distribution from the Liquidation Pool in respect of their Reclassified Shares, the amount received will generally be treated as consideration for a disposal of their shares.

  • On the Effective Date the Liquidators shall procure that there shall be delivered to Monks (or its nominee) particulars of the undertaking, cash and other assets comprising the Rollover Pool in accordance with the terms of the Transfer Agreement and a list, certified by the Registrar, of the names and addresses of each holder of Reclassified Shares with “A” rights and the number of Reclassified Shares with “A” rights held by each of them.

  • The Transfer Agreement provides, among other things, that the cash, undertaking and other assets of the Company in the Rollover Pool are to be transferred to Shires in satisfaction of the entitlements of Shires as beneficial holder of the Reclassified Shares with “C” rights and in consideration for the allotment by Shires of New SHRS Shares to the Liquidators, as nominees for Shareholders entitled to them in accordance with the Scheme.


More Definitions of Reclassified Shares

Reclassified Shares means the AXI Ordinary Shares as reclassified respectively as
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Reclassified Shares shall have the meaning set forth in Section 2.2(a)(ii).
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Reclassified Shares has the meaning set forth in Section 4.4 of this Warrant.
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Related to Reclassified Shares

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

  • Specified Shares means all or, as the case may be, some of the shares specified in a disclosure notice;

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Qualified shares means all shares entitled to be voted with respect to the transaction except for shares that the secretary or other officer or agent of the corporation authorized to count votes either knows, or under subsection 4 is notified, are held by:

  • New Preferred Stock means the Convertible Series A Preferred Stock and the Series B Preferred Stock.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series E Preferred Stock means the Series E Preferred Stock, par value $0.001, of the Company.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Common Stock (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(g)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease, or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Common Stock shall be entitled to receive cash, securities or other property for their shares of PubCo Common Stock.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • REIT Shares shall have the meaning set forth in the OP Agreement.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Reclassification means the upgrading of a position to a higher classification as a result of the gradual increase of the duties being performed by the incumbent in that position.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Common Shares means the common shares in the capital of the Company;

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by a Borrower (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

  • Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).

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