Share Purchases definition

Share Purchases means the sum of a Member’s Common Stock Deferrals and Stopovers for the Plan Year, subject to the limit (“Match Limit”) set forth in the following paragraphs.(2) Notwithstanding the foregoing, effective October 1, 2000, if a Member transfers any Common Stock to the Profit Sharing Component pursuant to Section 8.7(b), the Member’s Common Stock Deferrals and Stepovers during the period from the beginning of the Plan Year in which the Section 8.7(b) transfer was made (including deferrals and Stepovers acquired in later years) until the time the value of new Shares so acquired (based on their value at the time of acquisition) equals the value of the Shares diversified (based on their value at the time of diversification) shall not be Share Purchases. For this purpose, if the Member has makes a second (or more) more transfers under Section 8.7(b), new Shares acquired thereafter shall be first be applied against the previous transfer and then against the later transfer; the Member shall not receive double credit for new Shares acquired. No retroactive match is provided on the Shares that were not matched. This rule is referred to as the “Match Limit.” The Committee may adopt rules to implement the Match Limit.By way of example, assume a Member has 1,050 Shares at the end of Year 1 and 1,100 Shares at the end of Year 2. The Member acquires another 50 Shares during Year 3 through new deferrals (with an aggregate value of $750, taking into account the value of each Share acquired at the time such Share was acquired), but at the beginning of Year 3 transferred 200 Shares (with a value, at the beginning of the Plan Year of $2,600) to the Investment Funds pursuant to Section 8.7. The Member does not receive a match on the 50 Shares purchased because the value of the Shares acquired ($750) is less than the value diversified ($2,600). The Member will not receive a match until the Member acquires $1,850 of additional Shares (based on value at time of acquisition) in the Plan. Accordingly, if the Member acquires another $2,000 of Shares in Year 3, the Member will receive a match on $150 Shares. No match, retroactive or otherwise, is provided on the other $1,850, or on the $750 acquired in Year 2.(3) The foregoing Match Limit shall not apply if the Member makes any transfers from Common Stock Fund to the Preferred Stock Fund. However, if the Member makes such a transfer, and later transfers Matched Preferred Stock from the Preferred Stock Fund to the other Investment Fund...
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Share Purchases means the purchase by the Company of:
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Share Purchases means the purchases of Ordinary Shares by the Companypursuant to the Share Purchase Authority; and
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Examples of Share Purchases in a sentence

  • Shareholders who are in doubt as to their respective tax positions or any tax implications of Share Purchases by the Company, or who may be subject to tax whether in or outside Singapore, should consult their own professional advisers.

  • The notification of such Share Purchases to the SGX-ST shall be in such form and shall include such details as the SGX-ST may prescribe.

  • The Share Purchases will only be undertaken as and when the Directors consider it to be in the best interests of the Company and/or Shareholders.

  • Under the Act, Share Purchases by the Company may be made out of the Company’s profits and/or capital so long as the Company is solvent.

  • If and when circumstances permit, the Directors will decide whether to effect the Share Purchases, after taking into account factors such as the amount of surplus cash available and the prevailing market conditions.

  • Share Purchases also allow the Directors to exercise control over the Company’s capital structure, dividend pay-out and cash reserves and, depending on market conditions, may lead to an enhancement of the EPS and/or NTA per Share.

  • Shareholders who are in doubt as to their respective tax positions or the tax implications of the Share Purchases by the Company or who may be subject to tax whether in or outside Singapore should consult their own professional advisers.

  • Share Purchases are one of the ways through which Shareholders’ value may be enhanced.

  • Share Purchases provide the Company with an easy mechanism to facilitate the return of surplus cash over and above its ordinary capital requirements in an expedient and cost-efficient manner.

  • The Company may deliver Request Notices to the Investor as often as every Business Day, so long as the Company has not failed to deliver Purchase Shares for all prior Share Purchases, including, without limitation, those that have been effected on the same Business Day as the applicable Purchase Date, have theretofore been received by the Investor as DWAC Shares in accordance with this Agreement.


More Definitions of Share Purchases

Share Purchases has the meaning specified in Section 4.3(a);
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Share Purchases as defined in the recitals. Shareholder: as defined in the recitals.
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Related to Share Purchases

  • Share Purchase has the meaning set out in Section 2.1.

  • Open Market Share Purchase shall have the meaning specified in Section 2(I).

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Share Sale means the sale of (or the grant of a right to acquire or to dispose of) any of the shares in the capital of the Company (in one transaction or as a series of transactions) which will result in the purchaser of those shares (or grantee of that right) and persons Acting in Concert with him together acquiring a Controlling Interest in the Company, except where following completion of the sale the shareholders and the proportion of shares held by each of them are the same as the shareholders and their shareholdings in the Company immediately prior to the sale;[“Significant Transaction” means any transaction or series of transactions involving a transfer or licensing of some or all of the rights in relation to some or all of the assets of the Company, including without limitation licensing agreements and business and asset sale and purchase agreements pursuant to which the net payment(s) to the Company is at least £[insert];] [Note: to include for a Special Dividend][“Special Dividend” has the meaning set out in Article 4.13;] [Note: include if required]

  • Buyer Stock means the common stock, par value $0.001 per share, of Buyer.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by Borrower from any Person of any capital stock or other equity interest of Borrower.

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Placement Units shall have the meaning given in the Recitals hereto.

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

  • Purchaser Stock Price means, with respect to any Common Stock Fundamental Change, the average of the daily Closing Price for one share of the common stock received by holders of the Common Stock in such Common Stock Fundamental Change during the 10 Trading Days immediately prior to the date fixed for the determination of the holders of the Common Stock entitled to receive such common stock or, if there is no such date, prior to the date upon which the holders of the Common Stock shall have the right to receive such common stock.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Common Shares means the common shares in the capital of the Corporation;

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

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

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

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Transfer Stock means shares of Capital Stock owned by a Key Holder, or issued to a Key Holder after the date hereof (including, without limitation, in connection with any stock split, stock dividend, recapitalization, reorganization, or the like), but does not include any shares of Preferred Stock or of Common Stock that are issued or issuable upon conversion of Preferred Stock.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;