Regulatory Shares definition

Regulatory Shares means, with respect to any Person, shares of such Person required to be issued as qualifying shares to directors or persons similarly situated or shares issued to Persons other than Company or a Wholly Owned Subsidiary of Company in response to regulatory requirements of foreign jurisdictions pursuant to a resolution of the Board of Directors of such Person, so long as such shares do not exceed one percent of the total outstanding shares of equity such Person and any owners of such shares irrevocably covenant with Company to remit to Company or waive any dividends or distributions paid or payable in respect of such shares.
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Regulatory Shares means, with respect to any Person, shares of the capital stock of such Person required to be issued as qualifying shares to directors or shares issued to Persons other than Borrower in response to regulatory requirements of foreign jurisdictions pursuant to a resolution of the Board of Directors of such Person.
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Regulatory Shares means, with respect to any Person, shares of such Person required to be issued as qualifying shares to directors or persons similarly situated or shares issued to Persons other than Borrower or a wholly owned Subsidiary of Borrower in response to regulatory requirements of foreign jurisdictions pursuant to a resolution of the Board of Directors of such Person, so long as such shares do not exceed one percent of the total outstanding shares of equity such Person and any owners of such shares irrevocably covenant with Borrower to remit to Borrower or waive any dividends or distributions paid or payable in respect of such shares.
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Examples of Regulatory Shares in a sentence

  • Minority Interests means any shares of stock of any class of a Restricted Subsidiary of Borrower (other than directors' qualifying shares or Regulatory Shares as required by law) that are not owned by Borrower and/or one or more of its Restricted Subsidiaries.

  • Regulatory Shares means, with respect to any Person, shares of the capital stock of such Person required to be issued as qualifying shares to directors or shares issued to Persons other than Borrower in response to regulatory requirements of foreign jurisdictions pursuant to a resolution of the Board of Directors of such Person.


More Definitions of Regulatory Shares

Regulatory Shares means shares issued to Persons other than the Company or a Wholly Owned Subsidiary in response to regulatory requirements of foreign jurisdictions pursuant to a resolution of the Board of Directors, so long as such shares do not exceed 1% of the total outstanding shares and any owners of such shares irrevocably covenant with the Company to remit to the Company or waive any dividends or distributions paid or payable in respect of such shares.
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Related to Regulatory Shares

  • Primary Shares means at any time the authorized but unissued shares of Common Stock or shares of Common Stock held by the Company in its treasury.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

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

  • Merger Shares has the meaning set forth in Section 2.2(c).

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

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Parent Shareholder Approval means the approval of (a) the Parent Share Issuance at the Parent Shareholders Meeting by the affirmative vote of a majority of the total votes cast by the holders of Parent Common Stock entitled to vote thereon, (b) the Parent Charter Amendment at the Parent Shareholders Meeting by the affirmative vote of a majority of the shares of Parent Common Stock outstanding and entitled to vote thereon and (c) the Parent Bylaw Amendment at the Parent Shareholders Meeting by the affirmative vote of a majority of the outstanding shares of Parent Common Stock entitled to vote thereon.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Parent Stock means the common stock, par value $0.01 per share, of Parent.

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

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • 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.

  • 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;

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Buyer Preferred Stock means the preferred stock, par value $0.001 per share, of Buyer.

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

  • Subco Shares means the common shares in the capital of Subco;

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Newco Shares means the common shares in the capital of Newco;

  • Pubco Shares means the 15,000,000 fully paid and non-assessable common shares of Pubco, to be issued to the Selling Shareholder by Pubco on the Closing Date;

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Exchange Shares has the meaning set forth in Section 2.01(b).