Seller 1 Shares definition

Seller 1 Shares has the meaning as defined in the recitals of this Agreement.
Seller 1 Shares means the shares to be sold by Seller 1 under this Agreement, as specified in the “Sale Shares” table in Annexure I against the name of Seller 1;
Seller 1 Shares has the meaning set forth in the recitals.

Examples of Seller 1 Shares in a sentence

  • Seller 1 is entitled to freely dispose of the Seller 1 Shares, and such disposal does not infringe any rights of any Party or third party.

  • At Closing (as defined in Section 4.1), Seller 1 shall assign and transfer to Purchaser the Seller 1 Shares, Seller 2 shall assign and transfer to Purchaser the Seller 2 Shares, and Seller 3 shall assign and transfer to Purchaser the Seller 3 Shares, in each case in accordance with Section 4.4.

  • The Seller 1 Shares are fully paid-in, either in cash or in kind.

  • Except for provisions in any agreement between Sellers, provided that these agreements will be terminated with full effect as of Closing, there are no pre-emptive rights, rights of first refusal, options or other rights of any third party to purchase or acquire any of the Seller 1 Shares.

  • Upon the terms and subject to the conditions set forth in this Agreement, Seller 1 hereby sells to Purchaser and Purchaser hereby purchases from Seller 1, the Seller 1 Shares, Seller 2 hereby sells to Purchaser and Purchaser hereby purchases from Seller 2, the Seller 2 Shares, and Seller 3 hereby sells to Purchaser and Purchaser hereby purchases from Seller 3, the Seller 3 Shares.

  • The Seller 1 Shares are non-assessable (nicht nachschusspflichtig), free and clear of any third-party rights and have not been pledged, assigned, charged, encumbered or used as security.

  • With respect to the Seller 1 Shares, no contributions in kind have been made and no contribution (whether cash or non-cash) or parts thereof have been repaid or otherwise returned (whether directly or indirectly) and no hidden distribution of profits and no hidden contributions have been made (i) for which Purchaser may become liable or (ii) resulting in a tax liability of the Company.

  • The Seller 1 Shares are incorporated in the global share certificate (Sammelurkunde) no.

  • Subject to the terms of this Agreement, (i) the Seller 1 hereby sells the Seller 1 Shares, (ii) the Seller 2 hereby sells the Seller 2 Share, in each case free of any Encumbrances to the Purchaser, and the Purchaser hereby accepts such sales of and purchases the respective Sold Shares from each Seller.

  • Seller 1’s overall commitment to investments which are not readily marketable is not disproportionate to its net worth and Seller 1’s investment in the Seller 1 Shares will not cause such overall commitment to become excessive.


More Definitions of Seller 1 Shares

Seller 1 Shares has the meaning set out in the Background under lit. (B).
Seller 1 Shares means 4,851,377 (Four Million Eight Hundred Fifty One Thousand Three Hundred and Seventy Seven) Shares held by Seller 1 and any additional Shares that may be issued to the Seller 1 pursuant to any investment made by the Seller 1 between Execution Date and Closing Date in accordance with the terms of this Agreement;
Seller 1 Shares shall bear the meaning given to such term in Section 2.1;

Related to Seller 1 Shares

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

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

  • 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;

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

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

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

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

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • 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.

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