Second Closing Shares definition

Second Closing Shares has the meaning set forth in Section 2.1(b).

Second Closing Shares shall have the meaning ascribed to such term in Section 2.2.

Second Closing Shares means a number of Canadian OpCo preferred shares having a value equal to the Finco Shares.

Examples of Second Closing Shares in a sentence

• In the event either Second Closing Milestone has been satisfied and the Company desires to proceed with the Second Closing, the Company shall promptly notify each of the Investors in writing of the satisfaction of a Second Closing Milestone and the number of Second Closing Shares that each Investor shall purchase in the Second Closing (the “Second Closing Notice”).

• At any Second Closing, the Company shall deliver to each Investor a certificate evidencing the Second Closing Shares is purchasing against payment of the purchase price therefor by check, wire transfer or any combination thereof.

• Neither the Company nor anyone acting on its behalf has sold or has offered any of the Exchangeable Notes or Second Closing Shares for sale to, or solicited offers to buy from, or otherwise approached or negotiated with respect thereto with, any prospective purchaser, other than the Investors.

• At any time prior to the earlier of (i) the delivery of the Second Closing Notice by the Company (as defined below) and (ii) December 31, 2008, each Investor shall have the option at any time to purchase, in one or more closings, that number of shares of Series A-1 Preferred Stock which, in the aggregate, may be up to such Investor’s Second Closing Shares upon ten (10) days’ written notice to the Company at a purchase price per share equal to the Series A-1 Purchase Price.

• Based upon the representations of the Investors set forth in Section 4 of this Agreement, the offer, issuance and sale of the Exchangeable Notes and the Second Closing Shares are and will be exempt from the registration and prospectus delivery requirements of the Securities Act, and have been registered or qualified (or are exempt from registration and qualification) under the registration, permit or qualification requirements of all applicable state securities laws.

More Definitions of Second Closing Shares

Second Closing Shares means 5,650,000 shares of Common Stock, subject to appropriate adjustment in the event of any stock dividend, stock split, combination or other similar recapitalization with respect to the Common Stock prior to the Second Closing.

Second Closing Shares means the Common Stock issuable upon exchange of the Exchangeable Notes pursuant to the terms of this Agreement and the terms of the Exchangeable Notes.

Second Closing Shares means the Second Closing Eco Telecom Shares, the Second Closing VIP Shares, if any, and the Second Closing Telenor Shares, if any.

Second Closing Shares means a number of Shares equal to 9.9% of the outstanding common stock of the Company on the Second Closing Date (or on the most recent practicable date prior to the Second Closing Date as of which such share count is ascertainable by the parties).

Second Closing Shares shall have the meaning set forth in Section 2(a) of the Subscription Agreement;

Second Closing Shares means 1,269,648 Series D Shares of the Company purchased by the Investor and 604,364 of the Existing Shares purchased from the Selling Shareholders at the Second Closing.

Second Closing Shares means the aggregate of the Original Second Closing Shares and the Additional Second Closing Shares, if any. "Second Closing Purchase Price" means the aggregate of the Original Second Closing Purchase Price and the Additional Second Closing Purchase Price, if any.