Share Sale Facility definition

Share Sale Facility means the facility offered to Eligible Shareholders to sell their entire holding of Shares in the Company.
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Share Sale Facility means the facility to be established by Xxxxxxx and managed by the Sale Agent under which the HoldCo Shares which otherwise would be received by Ineligible Foreign Shareholders will be sold in accordance with the Scheme and the agreement to be entered into between Cenntro and the Sale Agent in relation to the Share Sale Facility. Share Sale Facility Proceeds means the net cash proceeds from the sale of HoldCo Shares sold through the Share Sale Facility, after deducting brokerage and other costs of sale and any taxes which may be required to be withheld under applicable laws. Subsidiary has the meaning given to that term in the Corporations Act.
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Share Sale Facility means the share sale facility or share sale facilities made available to Participants on the Terms.
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Examples of Share Sale Facility in a sentence

  • The EVRAZ Board therefore recommends that EVRAZ Shareholders that are capable of holding RASP Shares take the necessary action to receive the RASP Shares to which they will be entitled and do not participate in the Share Sale Facility.

  • Instead, the New BARD1 Shares to which the Ineligible Foreign Shareholders would otherwise be entitled to under the Scheme will be issued to the Sale Agent and sold through the Share Sale Facility, after which, the Share Sale Facility Proceeds will be remitted to those Sienna Shareholders.

  • Under the Share Sale Facility, following the Closing Date, the Sale Nominee will sell the FirstWave Shares on ASX.

  • In some jurisdictions, receipt of the Capital Reduction Shares may also lead to certain EVRAZ Shareholders incurring a tax charge.The EVRAZ Board notes that the Share Sale Facility is intended to provide those EVRAZ Shareholders incapable of holding RASP Shares with the opportunity to sell, for cash, the RASP Shares to which they will be entitled following the Demerger.

  • Certain information about Russian, United Kingdom (“UK”) and United States (“US”) taxation issues in relation to the Capital Reduction Share Issue, Demerger and participation in the Share Sale Facility is set out in Part VII (Taxation).

  • If you want to KEEP your Cardia Ordinary Shares you must complete the en- closed Share Retention Form and return it in accordance with the instructions on the form so it is received by no later than 5.00pm (AEST) on 16 October 2014 (the Share Sale Facility Closing Date).

  • Entitlements to fractions of RASP Shares arising as a result of the Demerger Dividend will be aggregated and included in the Share Sale Facility, with EVRAZ retaining the proceeds of sale.

  • Neither the sale price nor the sale timeframe is guaranteed under the Share Sale Facility.

  • The Share Sale Facility Proceeds will be paid in Australian dollars.

  • A brief description of the Share Sale Facility is given in paragraph 15 below.


More Definitions of Share Sale Facility

Share Sale Facility means the facility to be established by Benitec and managed by the Sale Agent under which:
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Share Sale Facility has the meaning given to that term in the Scheme Implementation Agreement.
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Related to Share Sale Facility

  • 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]

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Aggregate Merger Consideration has the meaning set forth in Section 2.1(a).

  • Shares Acquisition Date means the first date of public announcement by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Cash Merger Consideration has the meaning set forth in Section 2.9(a).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

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

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

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

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Total Merger Consideration has the meaning set forth in Section 2.2(a).

  • Final Merger Consideration has the meaning set forth in Section 2.10(b)(ii)(D).

  • Bidder from a country which shares a land border with India for the purpose of this Order means: -

  • Bidders from a country which shares a land border with India for the purpose of this Order means:

  • Sale Transaction has the meaning set forth in Section 3(a).

  • 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.

  • Per Pre-Funded Warrant Purchase Price equals $0.0001, subject to adjustment for reverse and forward share splits, share dividends, share combinations and other similar transactions relating to shares of Common Stock that occur after the date of this Agreement.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Acquisition Price means INR (Rupees only) [Insert the value of the Acquisition Price, both in figures and in words respectively], which is the aggregate consideration payable by the Selected Bidder towards purchase of the Sale Shares at par along with assets and liabilities of the Company as on the Closing Date subject to adjustment as per the audited accounts of the Company as on the Closing Date;

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).