Substituted Shares definition

Substituted Shares has the meaning specified in Section 2.09(f)(i).
Substituted Shares means, with respect to any Ordinary Share, any new, substituted or additional securities or other property (including money paid other than as an ordinary cash dividend) that by reason of such transaction are distributed with respect to such Ordinary Share.
Substituted Shares. See Section 2.2;

Examples of Substituted Shares in a sentence

  • Upon receipt of the proceeds of the sale of Escrowed Shares as described above, together with a certified Form W-9 and such other information as the Escrow Agent may reasonably require, the Escrow Agent shall release such Substituted Shares to the ALP Stockholders Representative on behalf of such ALP Stockholder.

  • The Stockholder Representative may, at any time or from time to time, substitute some or all of the Escrow Shares held in the Escrow Fund with cash, by delivery to the Escrow Agent (with a copy to Parent) of a notice of its intent to substitute such Escrow Shares (a "Substitution Notice"), and a certified check or wire transfer equal to the value (calculated at the Merger Share Price) of the number of Escrow Shares to be substituted (the "Substituted Shares").

  • Upon the deposit by such Seller at the Closing of an aggregate amount in cash equal to the Substituted Cash Amount with the Escrow Agent, by wire transfer to the Escrow Account in immediately available funds, free of any costs, fees, set-off, deductions and withholding, Purchaser shall disburse the Substituted Shares to such Seller.

  • Upon surrender of a stock certificate for cancellation to the Exchange Agent, together with such other documents as the Buyer or the Exchange Agent may reasonably request, the holder of such certificate shall be entitled to receive in exchange therefor the amount reflected on the Payment Spreadsheet as being payable to such holder in respect thereof or, in the case of the holders of Substituted Shares, the Rollover Shares set forth on Schedule 1.3(a)-1.

  • Weinxxxxx xxxnded the Stock Pledge Agreement pursuant to Amendment No. 1 to Stock Pledge Agreement to substitute the Substituted Shares for the Pledged Shares as security for the Secured Obligations as provided therein.

  • Such written notice shall describe the election, including the number of shares of Purchaser Common Stock (the “Substituted Shares”) to be distributed to such Seller in exchange for cash in an amount equal to the Substituted Shares multiplied by the Average Purchaser Closing Price (the “Substituted Cash Amount”).

  • Not less than three nor more than five Business Days prior to the Closing, the Buyer shall have the right, in its sole discretion, upon written notice to the Seller, to elect to reduce the number of Shares otherwise deliverable by the Buyer at the Closing and in lieu of such number of Shares not being delivered (such number of shares not being delivered hereunder referred to as the "Substituted Shares") pay cash to the Seller at the Closing (the "Cash Substitution Right").

  • From and after such substitution, the Released Shares shall be deemed to be Excluded Shares for all purposes hereunder, and the Substituted Shares shall be deemed to be Shares for all purposes hereunder.

  • Upon receipt of such amount of cash in respect of such Substituted Shares, together with a certified form W-9 and such other information as the Escrow Agent may reasonably require, the Escrow Agent shall release such Substituted Shares to the MediQual Stockholders Representative on behalf of such MediQual Stockholder.

  • The Company agrees that, upon receipt of prior written notice from the Specified Stockholder, the Company shall cause such specified number of Shares as is designated in such notice (such specified number of Shares, "Released Shares") to be substituted for an equal number of Excluded Shares that were acquired by the Specified Stockholder upon the exercise of New Parent Warrants (such equal number of Excluded Shares, "Substituted Shares").


More Definitions of Substituted Shares

Substituted Shares has the meaning set forth in Section 2.2.7(b).
Substituted Shares means the shares of the Company’s Common Stock (as defined in the Charter) set forth on Schedule 1.3(a)-1, which will be exchanged for Rollover Shares.
Substituted Shares means the shares specified as such in a Substitution Notice to the extent that on the Substitution Date they constitute Shares belonging to the Trustee;
Substituted Shares has the meaning set forth in Section 2.2.7(b). “Succession Tax Lien” has the meaning given to that term in the EMEA Asset Sale Agreement.
Substituted Shares the meaning set forth in Section 3.4(d).
Substituted Shares means, as of any date of determination, a number of Shares equal to the Number of Shares as of such date MINUS the number of Collateral Shares as of such date (excluding Make-Whole Shares, Interest Settlement Shares and Interest Make-Whole Shares).

Related to Substituted Shares

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Unrestricted Shares means a grant of Shares made on an unrestricted basis pursuant to Section 13 of the Plan.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Escrowed Shares has the meaning set forth in Section 2.4.

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

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

  • Rollover Shares has the meaning given in the recitals.

  • Merger Shares has the meaning set forth in Section 2.2(c).

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

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Cancelled Shares has the meaning set forth in Section 3.1(a).

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Retained Shares has the meaning set forth in the recitals.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Company Restricted Shares Section 2.4(c)

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