Sale Shares 2 definition

Sale Shares 2 means one million five hundred and eighty eight thousand, seven hundred and seventy four (1,588,774) equity shares having nominal value of one Indian Rupee (INR 1) per equity share and representing the entire issued and paid up share capital of Company 2 to be purchased by the Purchaser from Seller 2 and Seller 3 on the Completion Date in accordance with this Agreement;
Sale Shares 2 means 1 (one) Equity Share of the Company belonging to Seller 2 amounting to 0.001% (zero point zero zero one percent) of the Equity Share Capital of the Company on the Execution Date on a Fully Diluted Basis which are to be Transferred to the Purchaser free of all Encumbrances;
Sale Shares 2 shall bear the meaning ascribed to it in Recital F;

Examples of Sale Shares 2 in a sentence

  • The acquisition of the Sale Shares 1 and Sale Shares 2 is not expected to have any material impact on the net tangible assets or earnings per share of the Company for the financial year ending 30 June 2014.

  • The Sale Shares 1 and the Sale Shares 2, being in aggregate of 530,700,000 Shares (representing approximately 55.28% entire issued share capital of the Company as at the date of this joint announcement).

  • The key terms of the SPA are as follows: Date:26 November 2021Parties:(1) The Seller, as the seller of the Sale Shares; (2) COLI Finance, as the assignor of the corresponding shareholder loan; (3) The Purchaser, as the purchaser; and (4) Project Holdco, as the target company.

  • Any payment made by a Seller pursuant to this Clause shall, to the maximum extent possible, be deemed to be a reduction in that part of the Consideration relating to the Sale Shares 2.

  • Seller 2 is a tax resident of Netherlands as defined under Article 4 of the Netherlands DTAA and a non-resident of India as per the Income Tax Act and is eligible to claim the benefits of the Netherlands DTAA including, in particular, the benefit of full exemption from Indian Tax on the sale of the Sale Shares 2 to the Purchaser.

  • Parties:(1) Haitong International Singapore, an indirect wholly-owned subsidiary of the Company, as the purchaser of the Sale Shares (2) Haitong Bank, as the seller of the Sale Shares, a connected person of the Company (3) Haitong UK, one of the holders of the Joint Share immediately prior to the Completion, a connected person of the Company (4) Haitong India, as the target company C.

  • The Sale Shares 2 will be purchased by CHGP from the Vendor 2, free from encumbrances as follows: Vendor No. of shares% held in Kayangan Purchase consideration(RM) Chan Kin Keong 3,000,000 30.0 16,700,000 Kayangan is currently a 65%-owned subsidiary of CHGP.

  • The amounts mentioned in (a) and (b) above shall be payable by the Purchasers towards the purchase of Direct Transfer Holdco Sale Shares 1; and the amounts mentioned in (c), (d) and (e) above shall be payable by the Purchasers towards the purchase of Direct Transfer Holdco Sale Shares 2.

  • Consideration The total cash consideration for the Sale Assets was HK$80,000,000, which was apportioned between the Sellers in the following manner: (1) Best Asset — HK$25,851,755.53 in respect of the Best Asset Sale Shares; (2) Leadkeen — HK$31,859,557.87 in respect of the Leadkeen Sale Shares and HK$10,000,000 in respect of the Property; and (3) Primetime — HK$12,288,686.60 in respect of the Primetime Sale Shares.

  • On or prior to the In-specie Third Closing Date, Snowdrop shall deliver to the Purchasers, a certificate confirming that the Sale Share Warranties in relation to the In-specie Snowdrop Sale Shares 2, are true and correct and not misleading as on the In-specie Third Closing Date.


More Definitions of Sale Shares 2

Sale Shares 2 the entire issued share capital of the Second Target Company held by GXFN “SCT” 廣 西 新 思 迪 投 資 貿 易 有 限 公 司 (Guangxi Sincerity Investments & Trading Company Limited*), a company established under the laws of the PRC and held by two individuals who are Independent Third Parties “Second Possible Acquisition” the acquisition of Sale Shares 2 by the Company from “Second Target Company” 廣西有色金屬華柬發展有限公司(Guangxi Non- Ferrous Metals Sino-Cambodia Development Company Limited*), a company incorporated under the laws of the Cambodia and the entire issued capital of which is held by GXNF as at the date of this announcement “SFO” Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) “Share(s)” the ordinary shares of HK$0.01 each in the issued share capital of the Company

Related to Sale Shares 2

  • 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;

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

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

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

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

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

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

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

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

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

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • 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.

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

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

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

  • Existing Shares means shares of the Company Common Stock Beneficially Owned by Stockholder as of the date hereof.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

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

  • Pubco Shares means fully paid and non-assessable common shares of Pubco to be issued to the Selling Shareholders by Pubco upon Closing on the basis of 10 Priveco Share for 12,380,951 Shares;

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • 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.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

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