Selling Stockholder Shares definition

Selling Stockholder Shares means the shares of Common Stock being offered and sold by the Selling Stockholder to the Investors hereunder in such number as is set forth below the Selling Stockholder’s signature to this Agreement.
Sample 1Sample 2Sample 3
Selling Stockholder Shares. The shares of Common Stock owned by the Selling Stockholder immediately following the sale of all Shares pursuant to the Purchase/Placement Agreement.
Sample 1Sample 2
Selling Stockholder Shares has the meaning set forth in Section 5.1.
Sample 1Sample 2

Examples of Selling Stockholder Shares in a sentence

  • The certificates in negotiable form for the Selling Stockholder Shares have been placed in custody (for delivery under this Agreement) under the Custody Agreement.

  • Based upon and subject to the foregoing and the other qualifications, limitations and assumptions contained herein, we are of the opinion that: The Selling Stockholder Shares, when sold as contemplated in the Registration Statement, will be validly issued, fully paid and non-assessable.

  • The Selling Stockholder Shares so purchased shall thereupon be cancelled and cease to be issued and outstanding shares of the Company’s Common Stock.

  • The Selling Stockholder Shares have been validly issued, fully paid, and nonassessable.

  • When issued, the Selling Stockholder Shares were duly authorized and were validly issued, fully paid and nonassessable.

  • Assuming the accuracy of the Investors’ representations and warranties set forth in Sections 3.2(b)-(d), no registration under the Securities Act is required for the purchase and sale of the Selling Stockholder Shares to the Investors hereunder.

  • Based on the foregoing, we are of the opinion that (i) the Commitment Shares have been duly authorized and validly issued and are fully paid and non-assessable and (ii) the Selling Stockholder Shares have been duly authorized and, upon issuance and delivery against payment therefor in accordance with the terms of the Purchase Agreement, will be validly issued, fully paid and non-assessable.

  • To the extent one or more of the Investors exercise such right of participation in accordance with the terms and conditions set forth below, the number of shares of Selling Stockholder Shares that such Selling Stockholder may sell in the transaction shall be correspondingly reduced.

  • Based upon the foregoing, it is our opinion that the Selling Stockholder Shares to be sold by the Selling Stockholders pursuant to the Registration Statement and the prospectus are validly issued, fully paid and nonassessable.

  • The Company Shares and the Selling Stockholder Shares are collectively referred to as the "SHARES." We have examined originals or certified copies of such corporate records of the Company and other certificates and documents of officials of the Company, public officials and others as we have deemed appropriate for purposes of this letter.


More Definitions of Selling Stockholder Shares

Selling Stockholder Shares shall have the meaning ascribed to such term in Section 2.1(a). "Share Purchase Price" shall have the meaning ascribed to such term in Section 2.1(b).
Sample 1
Selling Stockholder Shares means an aggregate of 80,000 shares of Common Stock, which are being transferred by the Selling Stockholder to the Purchasers at the Closing.
Sample 1
Selling Stockholder Shares means the shares of Common Stock set forth opposite the name of each Selling Stockholder on Schedule I to the Purchase Agreement.
Sample 1

Related to Selling Stockholder Shares

  • Stockholder Shares means the shares of common stock of the Company issued or issuable to the Stockholder in accordance with the terms and conditions of the Reorganization Agreement, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

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

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Selling Shareholders has the meaning set forth in Section 5.6(a)(i).

  • Key Holder Registrable Securities means (i) the shares of Common Stock held by the Key Holders, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of such shares.

  • 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.

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

  • 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.

  • Registrable Shares means the Common Stock owned by the Holders, whether owned on the date hereof or acquired hereafter; provided, however, that shares of Common Stock that, pursuant to Section 3.1, no longer have registration rights hereunder shall not be considered Registrable Shares.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Offered Shares has the meaning set forth in Section 3.02(a).

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

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Transferring Stockholder has the meaning set forth in Section 4.04(a).

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

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

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Offering Shares means the shares of Common Stock included in the units sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 172,500 shares of Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 690,000 Units of the Company (each Placement Unit consists of one-fourth of one Placement Warrant and one Placement Share) sold in the Private Placement for a purchase price of $6,900,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of 690,000 Placement Units to FinTech Investor Holdings VI, LLC (580,000 Placement Units) and Cantor (110,000 Placement Units); (x) “Sponsor” shall mean, collectively, FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (xii) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.

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

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Insider Shares means all of the shares of Common Stock of the Company owned by an Insider prior to the IPO; and (iv) “IPO Shares” shall mean the shares of Common Stock issued in the Company’s IPO.