Released Share definition

Released Share has the meaning set forth in Section 12.07(b).
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Released Share means any WPS Ltd Exchange Share for which the applicable Lapse Date has occurred and on such date the automatic repurchase condition applicable to such Share was not triggered.
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Released Share has the meaning set forth in Section 12.07(b). “Remarketing” will have the meaning set forth in the Remarketing Agreement.
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Examples of Released Share in a sentence

  • Each share of Series A-1 Common Stock, Series A-2 Common Stock and Series A-3 Common Stock shall be converted, automatically and without payment of additional consideration or further action by the holder thereof, into one fully paid and non-assessable share of Common Stock upon the Transfer of such share pursuant to a Released Share Offering in accordance with the Registration Agreement.

  • Buyer, in its sole and absolute discretion, may elect within five Business Days following receipt of the Release Notice to purchase and pay for the Released Shares from Mr. Plastinin at a price per Released Share equal to the Purchase Price Per Share.

  • The Inventor acknowledges and agrees that the Company is an “OTC reporting issuer” as that term is defined in MI 51-105, and that the Released Share will be, issued and sold pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws.

  • If the MAC Trusts decline or otherwise fail to deliver a Released Share Request to the Company during any Demand Period, the Company will have the right, in its sole discretion, to effect a Released Share Offering in accordance with this Section 2.4 (the exercise of such right by the Company, a “Released Share Offering Election”).

  • Each certificate representing WPS Ltd Exchange Shares shall bear the following legend at all times prior to the date on which such Share becomes a Released Share: "The shares represented by this certificate are subject to a Stock Restriction Agreement dated as of ____________, 1999 which provides for certain restrictions on transfer and sets forth certain circumstances in which these shares will be subject to repurchase by the Company.

  • The MAC Trusts shall not deliver a Released Share Request prior to the First Demand Period.

  • Except as permitted by Section 3.3 below, no WPS Ltd Exchange Share may be sold, assigned, transferred, pledged or hypothecated until such Share has become a Released Share.

  • Upon termination of the Restriction Period applicable to a Restricted Share, such share shall cease to be a Restricted Share and shall become a “ Released Share.” For purposes of the Management Stockholders’ Agreement, a share purchased pursuant to an Award under the Program shall be deemed to be “held” by the Participant (or his or her Transferee (as defined in the Management Stockholders’ Agreement)) beginning as of the date on which such share becomes a Released Share.

  • Xxxxx Title: President and Chief Executive Officer "Purchaser" Dated as of: April 1, 2016 Address: 00000 Xxxxxxxx Xxxx, Suite 101 Northville, MI 48167 Telephone: (000) 000-0000 Telecopy: (000) 000-0000 XXXXX LIMITED PARTNERSHIP By: Xxxxx Investments, LLC, an Ohio limited liability company By:/s/ Xxxxxx X.

  • Company Stock purchased with the proceeds of an Extraordinary Dividend or with the proceeds of a non-cash dividend shall, for purposes of this Agreement (including, without limitation, Section 4.1 hereof), be deemed to have been acquired with the proceeds of the Loan; and if, and to the extent, such Extraordinary Dividend or non-cash dividend was paid with respect to a Released Share, the Company Stock purchased with such proceeds shall be deemed to be Released Shares.

Related to Released Share

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

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

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

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

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Retained Shares has the meaning set forth in the recitals.

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

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Parent Stock Price means the volume weighted average price per share of the Parent Common Stock on the NYSE for the ten consecutive trading days ending on the complete trading day immediately prior to the Closing Date.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

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

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Unvested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • Owned Shares means all shares of Company Common Stock and any other equity securities of the Company which are beneficially owned by Stockholder as of the date hereof, as set forth on Schedule I.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Restricted Share Award means an award of Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(a).

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).