Sale Securities definition

Sale Securities means Relevant Securities for which a Retention Notice has not been received by the Retention Date; and

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Sale Securities shall have the meaning assigned in Section 3.4(b)(i) of this Agreement.

Sale Securities mean the GM Sales Securities and the Company Sales Securities, as applicable.

Examples of Sale Securities in a sentence

• In the event of any such transfer, the shares of the intermediate holding company will become the Sale Securities transferred hereunder.

• The Company Buyer agrees with Sellers that it will not transfer any of the Sale Securities, except in compliance with the Securities Act and with the applicable securities Laws of any other jurisdiction.

• Securities Available for Sale: Securities available for sale represent equity instruments traded on national exchanges.

• In such event, the Promoters shall ensure that the proposed purchaser of the Sale Securities purchases such of the Investors’ Securities before purchasing the Sale Securities.

• In order to effectuate the sale of the Sale Securities pursuant to Section 2.1.1 or Section 2.1.2 hereof, Sellers may, prior to Closing and after consultation with the applicable Buyers, transfer certain of the Sale Securities to special purpose vehicles in the form of intermediate holding companies provided that such transfer does not adversely affect the applicable Buyers or their interests in such Sale Securities.

More Definitions of Sale Securities

Sale Securities shall have the meaning given to it in RecitalG;and

Sale Securities has the meaning set forth in Section 6.3(a).

Sale Securities means a number of ADSs or Shares (as determined at the discretion of the Investors (or their Designated Affiliate) by notice to the Company at least four (4) Business Days prior to Closing) equal to USD 67.5 million divided by the IPO Price, rounded up the nearest whole ADS or Share, as the case may be; and “Purchase Price” shall mean the number of Sale Securities multiplied by the IPO Price. No later than two (2) Business Days prior to the Closing, the Investors shall deliver to the Company an updated Schedule B, setting forth the number of Shares to be purchased by each Investor (or its Designated Affiliate) and the corresponding portion of the Purchase Price to be paid by each such Investor (or its Designated Affiliate) in accordance with the terms of this Agreement.

Sale Securities is defined in Section 10.2(a)(i).

Sale Securities has the meaning set out in Clause 9.3 (Default Notice);

Sale Securities means all of the Shares;

Sale Securities means, collectively, the Sale Shares and the JV Shares.