Relevant Sale Shares definition

Relevant Sale Shares means, in relation to a Seller, those of the Shares which are to be sold by that Seller under this Agreement and in respect of which it is identified as a Seller in Schedule 1 (The Sellers);
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Relevant Sale Shares has the meaning given in Clause 16.3;
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Relevant Sale Shares shall have the meaning ascribed to it under Clause 2.2
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Examples of Relevant Sale Shares in a sentence

  • An Investor Shareholder which fails to give a Notice to Buy shall be deemed not to have exercised its right to acquire Relevant Sale Shares.

  • Each Seller is the sole beneficial owner of the Relevant Sale Shares set opposite its name in Part 1 of Schedule 1 (Relevant Sale Shares and Relevant Consideration) and has the right to exercise all voting and economic rights over the Relevant Sale Shares.

  • In accordance with the Restructuring Agreement, the consideration for the transfer of the Relevant Sale Shares was satisfied by the issuance of consideration shares in the Company to the immediate holding company.

  • The Persons listed in Part 1 of Schedule 1 (Relevant Sale Shares and Relevant Consideration) are the sole legal and beneficial owners of the shares of the relevant Group Company as at the Execution Date.

  • Responsibility 1.1. Any Taxes payable in India under the Income Tax Act on income earned by the Relevant Seller pursuant to sale of Relevant Sale Shares shall be borne only by the Relevant Seller, without any recourse or liability to the Purchaser.

  • The stamp duty for the sale and purchase of the Relevant Sale Shares shall be borne by the relevant Seller and the corresponding Buyer in equal proportion.

  • Each Seller shall sell his Relevant Sale Shares with full title guarantee, free from all Encumbrances and with all rights attaching to them at Completion, including the right to receive all dividends and other distributions declared, made or paid after Completion.


More Definitions of Relevant Sale Shares

Relevant Sale Shares means, in respect of each Seller, the number of Sale Shares set out in column 3 of Part 1 of Schedule 1 ( Relevant Sale Shares and Relevant Consideration ) against such Seller’s name, being the number of relevant Sale Shares being sold by such Seller to the Purchaser under this Agreement;
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Related to Relevant Sale Shares

  • Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;

  • 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.

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 1047 of the 2014 Act);

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Sold Shares shall have the meaning specified in Section 6.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

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

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • VWAP Purchase Share Estimate means the number of shares of Common Stock that the Company has in its sole discretion irrevocably instructed its Transfer Agent to issue to the Buyer via the Depository Trust Company (“DTC”) Fast Automated Securities Transfer Program in connection with a VWAP Purchase Notice pursuant to Section 1(c) hereof and issued to the Buyer’s or its designee’s balance account with DTC through its Deposit Withdrawal At Custodian (DWAC) system on the VWAP Purchase Date (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Open Market Share Purchase shall have the meaning specified in Section 2(I).

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Share Purchase has the meaning set out in Section 2.1.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

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

  • ASA Shares has the meaning set forth in 2.4(a).

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

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

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

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

  • Target Shares means all the issued and unconditionally allotted share capital in the Target and any further shares in the capital of the Target which may be issued or unconditionally allotted pursuant to the exercise of any outstanding subscription or conversion rights or otherwise together with all related rights.