Relevant Ordinary Shares definition

Relevant Ordinary Shares means (i) prior to an IPO Event, shares of any Class and (ii) on or following an IPO Event, ordinary voting shares in the capital of the Issuer (or, in the event of an Exempt Newco Scheme, the ordinary shares of the Newco) which form part of the same class of ordinary shares which are admitted to trading as described in the definition of IPO Event.
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Relevant Ordinary Shares means, at any time, the number of Ordinary Shares issuable under this Warrant upon the occurrence of any Exercisability Event that will result in TZE owning 23.53 % of the Company’s total equity interests, calculated as follows:
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Relevant Ordinary Shares means, at any time, the number of Ordinary Shares issuable under this Warrant upon the occurrence of any Exercisability Event that will result in TZE owning 23.53 % of the Company’s total equity interests, calculated as follows: Where: A = the number of outstanding Ordinary Shares of the Company held by XXX as of the Date of Issuance; B = the number of Ordinary Shares that have been issued to the Holder under this Warrant and pursuant to the A&R Option Agreement prior to the time of determination; C = the number of Ordinary Shares issuable to the Holder in connection with the occurrence of such Exercisability Event under the Warrant in order that the Holder would hold 23.53% of the Company’s outstanding Ordinary Shares immediately after the issuance of Ordinary Shares as a result of such Exercisability Event; D = the aggregate number of the Conversion Shares and Optional Exchange Shares that have been issued to holders of Second Lien Notes in connection with previous Exercisability Events (which, for the avoidance of doubt, shall not include any Ordinary Shares that have been issued and/or will be issued in connection with such Exercisability Event); E = the aggregate number of Conversion Shares or Optional Exchanges Shares that have been issued and/or will be issued to holders of Second Lien Notes in connection with such Exercisability Event; F = the aggregate number of Ordinary Shares that have been issued to the holders of 2025 Notes prior to the time of determination in connection with the conversion of 2025 Notes; and G = the number of outstanding Ordinary Shares of the Company as of the Date of Issuance.
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Examples of Relevant Ordinary Shares in a sentence

  • Save for this interest, neither Dematic, nor the Dematic Directors, nor any party acting in concert with Dematic, owns or controls any Relevant Ordinary Shares or B Ordinary Shares or holds any options to acquire or subscribe for any Relevant Ordinary Shares or B Ordinary Shares or any derivative referenced to any such shares.

  • Dematic also reserves the right to exercise its entitlement pursuant to the provisions of sections 979 to 991 (inclusive) of the Companies Act to acquire compulsorily the Relevant Ordinary Shares or B Ordinary Shares (as the case may be) on the same terms as the Offers.

  • In summary, Dematic has received, in aggregate, irrevocable undertakings to accept the Ordinary Share Offer in respect of 24,173,218 Ordinary Shares, representing 22.1 percent of the existing Ordinary Shares in issue and 90.6 percent of the existing Relevant Ordinary Shares in issue.

  • The Offers will be made on the following basis:For each Relevant Ordinary Share and each B Ordinary Share: 19.65 pence in cashThe Offers value the whole of SDI’s issued and to be issued share capital at approximately £22.9 million and the Relevant Ordinary Shares to which the Ordinary Share Offer relates at approximately £5.2 million.

  • Dematic also intends to make a comparable offer for any B Ordinary Shares arising from exercise of SDI Share Options, such offer to be at the same price per share as the offer for the Relevant Ordinary Shares.

  • Dematic intends to use the drag-along provisions set out in SDI’s articles of association to compulsorily acquire any Relevant Ordinary Shares and any B Ordinary Shares not acquired oragreed to be acquired pursuant to the Offers or otherwise.

  • Dematic intends to use the drag-along provisions set out in SDI’s articles of association to compulsorily acquire any Relevant Ordinary Shares and any B Ordinary Shares not acquired or agreed to be acquired pursuant to the Offers or otherwise.

  • The SDI Executives have given Dematic irrevocable undertakings to accept, or (where applicable) to procure the acceptance of, the Ordinary Share Offer in respect of all of their respective beneficial and connected holdings of Ordinary Shares, amounting, in aggregate, to 511,200 Ordinary Shares, representing approximately 0.5 percent of the existing Ordinary Shares in issue and 1.9 percent of the existing Relevant Ordinary Shares in issue.

  • Dematic also reserves the right to exercise its entitlement pursuant to the provisions of sections 979 to 991 (inclusive) of the Companies Act to acquire compulsorily the Relevant Ordinary Shares or B Ordinary Shares (as the case may be) on the same terms as the Offers.Further details are set out in paragraph 12 of Part 2 of this document.

  • Section 27-19-57, all persons required to pay motor vehicle privilege taxes must register their private or commercial vehicle in the county, city and taxing district where the vehicle is domiciled.


More Definitions of Relevant Ordinary Shares

Relevant Ordinary Shares means the A Ordinary Shares and the B Ordinary Shares;
Sample 1
Relevant Ordinary Shares means, at any time, the number of Ordinary Shares issuable under this Warrant upon the occurrence of any Exercisability Event that will result in TZE owning 23.53 % of the Company’s total equity interests, calculated as follows: 𝐴+𝐵+𝐶 𝐵+𝐶+𝐷+𝐸+𝐹+𝐺 Where:
Sample 1

Related to Relevant Ordinary Shares

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

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

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

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

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 67(2) of the 1990 Act);

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • Common Stock means the common stock of the Company.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • Company Ordinary Shares means the shares of par value $1.00 each in the Company.

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

  • Scheme Shares means the Target Shares which are subject to the Scheme in accordance with its terms.

  • Equity Share Capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Exchangeable Stock means any Capital Stock which is exchangeable or convertible into another security (other than Capital Stock of the Company which is neither Exchangeable Stock nor Redeemable Stock).

  • Reference Shares means, in respect of the exercise of Conversion Rights by a Bondholder, the number of Ordinary Shares (rounded down, if necessary, to the nearest whole number) determined in good faith by the Calculation Agent by dividing the principal amount of the Bonds which are the subject of the relevant exercise of Conversion Rights by the Conversion Price in effect on the relevant Conversion Date, except that where the Conversion Date falls on or after the date an adjustment to the Conversion Price takes effect pursuant to Conditions 6(b)(i), 6(b)(ii), 6(b)(iii), 6(b)(iv), 6(b)(v) or 6(b)(ix) but on or prior to the record date or other due date for establishment of entitlement in respect of the relevant event giving rise to such adjustment, then the Conversion Price in respect of such exercise shall be such Conversion Price as would have been applicable to such exercise had no such adjustment been made.

  • Ordinary Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares or ADSs, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares or ADSs.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;