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

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

Purchaser is purchasing the Sale Securities for Purchaser’s own account only and not with a view to, or for sale in connection with, a distribution of the Sale Securities within the meaning of the Securities Act.
Purchaser acknowledges that it is informed as to the risks of the transactions contemplated hereby and of ownership of the Sale Securities and has made an independent decision to invest in the Sale Securities.
Purchaser has the knowledge, sophistication and experience necessary to make an investment decision like that involved in the purchase of the Sale Securities and is able to bear the economic risk of its investment in the Sale Securities.
Xxxxxxxxx has been advised to consult with an independent tax advisor regarding the tax consequences of acquiring the Sale Securities.
Purchaser acknowledges that none of Seller nor any of its Affiliates or agents are acting as a fiduciary or financial or investment adviser to Purchaser or any of its Affiliates, and none of such persons has given Purchaser or any of its Affiliates any investment advice, opinion or other information on whether the acquisition of the Sale Securities is prudent.

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

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

Sale Securities is defined in Section 3.4(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 means the Shares held by the Sellers as set out against each Seller’s name in column (2) of Schedule 1 and “Sale Security”;