Sale Shares Consideration definition
Examples of Sale Shares Consideration in a sentence
The Vendor’s or the Company’s beneficial ownership of the Sale Shares Consideration Shares or the Subscription Consideration Shares (as the case may be)s will not violate any applicable securities or other laws of the Vendor’s or the Company’s jurisdiction.
The total aggregate liability of the Selling Shareholders (other than each Founding Shareholder) in respect of all claims under this Agreement shall be limited to an amount equal to his share of the Sale Shares Consideration.
Upon the exercise of the Option, the Company will, subject to securing all shareholder and regulatory approvals including shareholder approval under Listing Rule 7.1, pay to the shareholders of Carolina 1,000,000,000 fully paid ordinary shares in the Company in consideration for the Sale Shares (Consideration Shares) and assume all obligations of Carolina (through Arlupo or otherwise) to meet any future payments owing under the Offer Agreement.
Capitalised terms not otherwise defined bear the meaning set out in the Agreement We hereby acknowledge and accept your notice of intention to purchase the following shares: Number of shares: [***] (the "Sale Shares") Consideration: [***]2 Name of Purchaser: [name of SPV if relevant] Kindly forward the consideration referred to above to !he following accounts listed below.
Immediately following the completion of the transactions contemplated under Clauses 3.4.1 and 3.4.2, ▇▇▇▇▇▇▇▇▇ shall assign an amount of the Mergeco Loan Note 1 equal to the Mergeco Sale Shares Consideration to Vodafone in full repayment and settlement of the Mergeco Sale Shares Consideration, which was left outstanding under Clause 3.3.4.