Rejected Shares definition

Rejected Shares has the meaning set forth in Section 4.1.
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Rejected Shares has the respective meanings set out in Sections 5.05(3) and 5.06(3).
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Rejected Shares means shares subject to a Rejected Offer.
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Examples of Rejected Shares in a sentence

  • If any Offeree entitled to give the said additional notice does not do so, the Rejected Shares that he had been entitled to purchase may instead be purchased by the Offerees who did give such notice, and so on from time to time until the Offerees are willing to purchase all of the Offered Shares or until they are not willing to purchase any more.

  • In the event that the Penske Purchase Amount is less than the Transfer Amount, the Transferring Party shall be entitled to Transfer such remaining Standstill Shares (the "Rejected Shares"), free and clear of the restrictions set forth in this Section 4.1, for ten (10) Business Days from the time of the receipt by the Transferring Party of the Penske Offer to any party for any consideration (the "Rejected Share Transfer Period").

  • To the extent that the Transferring Party has not Transferred all of such Rejected Shares within the Rejected Share Transfer Period, such Transferring Party shall again comply with the provisions of this Section 4.1 prior to Transferring such Standstill Shares which were not so Transferred.

  • If any Offeree entitled to give the said additional notice does not do so, the Rejected Shares that it had been entitled to purchase may instead be purchased by the Offerees who did give such notice, and so on from time to time until the Offerees are willing to purchase all of the Offered Shares or until they are not willing to purchase any more.

  • If the Company fails to purchase the Offered Shares by exercising its option under this Section 3.03(b) within the period provided, the Transferring Stockholder shall so notify the Offeree Stockholders promptly (the "Additional Offer Notice"), which Additional Offer Notice shall identify the Offered Shares that the Company has failed to purchase (the "Rejected Shares").

  • The closing for any purchase of Rejected Shares by the Offeree Members under this Section 9.2(c) (along with the purchase by the LLC of any Offered Shares under paragraph (b) above if the LLC is purchasing less than all of the Offered Shares) shall take place within thirty (30) days following the expiration of Member Option Period, at the offices of the LLC or on such other date or at such other place as may be agreed to by the Transferring Member and the purchasing Offeree Members.

  • The Member Acceptance Notice shall constitute a valid, legally binding and enforceable agreement for the sale and purchase of the Rejected Shares covered by the Member Acceptance Notice.

  • In case of any Rejected Shares being available after issue and allotment to the Other Shareholders in proportion to their respective Share holding in ESTEL as on the dxxx xf offer of Rejected Shares to them (the "Surplus Shares"), such Surplus Shares shall be issued and allotted to such of the Other Shareholders who had applied for additional Shares in proportion to their existing Share holding as on the date of offer pursuant to Clause 8.3.1.

  • An Offeree Member's Pro Rata Fraction shall be equal to the product obtained by multiplying the total number of Rejected Shares by a fraction, the NUMERATOR of which is the total number of Shares owned by such Offeree Member, and the DENOMINATOR of which is the total number of Shares held by all Offeree Members, in each case as of the date of the Offer Notice.

  • In the event that not all of the Registrable Securities requested to be included by the Demand Shareholders in the Demand Registration are included, those Shareholders holding shares that are not so included (the "Rejected Shares") shall be entitled to a second Demand Registration in the manner described in this Section 2 with respect to the Rejected Shares.


More Definitions of Rejected Shares

Rejected Shares shall have the meaning set forth in Section 9.2(b) hereof.
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Rejected Shares has the respective meanings set out in subsections 5.4(3), 5.11(6);
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Rejected Shares has the meaning set out in Section 2.3(c);
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Related to Rejected Shares

  • Retracted Shares has the meaning ascribed thereto in Section 5.7;

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Plan Shares means shares of Common Stock held in the Trust which are awarded or issuable to a Participant pursuant to the Plan.

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • 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.

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

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

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

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

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Dissent Shares means Company Shares held by a Dissenting Shareholder and in respect of which the Dissenting Shareholder has validly exercised Dissent Rights;

  • Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering;

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

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

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

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

  • Returning Shares means shares subject to outstanding stock awards granted under the Prior Plan and that following the Effective Date: (A) are not issued because such stock award or any portion thereof expires or otherwise terminates without all of the shares covered by such stock award having been issued; (B) are not issued because such stock award or any portion thereof is settled in cash; (C) are forfeited back to or repurchased by the Company because of the failure to meet a contingency or condition required for the vesting of such shares; (D) are withheld or reacquired to satisfy the exercise, strike or purchase price; or (E) are withheld or reacquired to satisfy a tax withholding obligation.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;