Seed Shares means securities issued before an Issuer’s IPO, or by a private Target Company before a reverse take-over bid, change of business or Qualifying Transaction, regardless of whether the securities are subject to resale restrictions or are free trading.
Seed Shares has the meaning set out in the Exchange Policy. Capitalized terms not defined in this Agreement have the meanings set out in the Exchange Policy.
Seed Shares means any common shares issued by a CPC before the closing of the IPO and includes the Discount Seed Shares.
Examples of Seed Shares in a sentence
For the purposes of cancellation of Discount Seed Shares, each Securityholder irrevocably appoints the Escrow Agent as his or her attorney, with authority to appoint substitute attorneys, as necessary.
Each Class B Preferred share shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and non-assessable Common Shares as is determined by dividing the respective original issue price for the Series Seed Shares, Series Seed-1 Shares, Series A Shares and Series B-1 Shares by the Conversion Price (as defined below) in effect at the time of conversion.
More Definitions of Seed Shares
Seed Shares means the common shares in the capital of the Company that have been issued to certain non-Escrowed Shareholders prior to the Offering at a price that is below the Offering Price;
Seed Shares means the Common Shares issued to the Seed Shareholders under the Seed Placement. “Shareholders” means holders of Common Shares.
Seed Shares means Fund shares outstanding and owned by Sub-advisor (or an affiliated company) that were issued to Sub-advisor (or such affiliated company) prior to the initial issuance of Fund shares to public investors. The daily net assets of the Fund shall be calculated as of the close of the New York Stock Exchange on each day the exchange is open for trading or as of such other time or times as the Board may determine in accordance with the provisions of the 1940 Act. On each day when the net asset value of the Fund is not calculated, the net asset value of a share of common stock of the Fund shall be deemed to be the net asset value of such share as of the close of business on the last day on which such calculation was made for purposes of determining the Sub-advisor’s fee.
Seed Shares means the 3,000,000 Common Shares issued and outstanding prior to the Offering.
Seed Shares means securities issued before an Issuer’s IPO whether the securities are subject to resale restrictions or are free trading.
Seed Shares means securities issued before the Corporation's IPO, or by a private Target Company before a reverse take-over, change of business, or Qualifying Transaction, regardless of whether the securities are subject to resale restrictions or are free trading.