Examples of Specified Shares in a sentence
Purchaser acknowledges and understands that the Specified Shares have not been registered under the Securities Act and may not be offered or sold in the United States or to U.S. persons unless the Specified Shares are registered under the Securities Act or an exemption therefrom is available, and that hedging transactions may not be conducted unless in compliance with the Securities Act.
The Adjusted Dividend shall be payable, from time to time, within two and one-half months after all or any portion of the Specified Shares vest pursuant to Section 4(a) or 4(b); provided that under no circumstances shall any such Adjusted Dividend be paid prior to the achievement of a Return on Investment (as defined below).
Shareholders who hold Primary Shares (that is, Shareholders who hold, and in respect of their holdings of, Pushpay Shares which are not Excluded Shares or Specified Shares).
If Offer Acceptance Notices are received which do not contain acceptances for all of the Specified Shares the Intending Seller may within five Business Days of being given notice under clause 18.6, revoke the Transfer Notice by giving a notice in writing to the Board (Withdrawal Notice).
The Specified Shares constitute all of the issued and outstanding shares of capital stock of each of the Subsidiaries.