Sufficient Shares definition

Sufficient Shares means the smallest number of Shares that, when sold, will produce an amount at least equal to the relevant Tax Liability (after deduction of brokerage and any other charges or taxes on the sale);
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Sufficient Shares means the smallest number of Shares which, when sold, will produce an amount at least equal to the relevant Tax Liability (after deduction of brokerage and any other charges or taxes on the sale).
Sample 1Sample 2
Sufficient Shares means the smallest number of Option Shares which, when sold, will produce an amount at least equal to the relevant Tax Liability (after deduction of brokerage fees and any other charges or taxes on the sale). 1 Note to Draft: Language to be included for Danish recipients, only. 2 Note to Draft: Language to be included for UK recipients, only.
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Examples of Sufficient Shares in a sentence

  • Sufficient Shares or cash, as the case may be, shall be withheld from any distribution hereunder to satisfy the Company’s tax withholding requirements in respect of such distribution.

  • Sufficient Shares Registered for Resale..........18 Section 7.11.

  • Sufficient Shares Registered for Resale..............................................18 Section 7.11.

  • Externally there is a sloping front garden and a side driveway providing parking facilities and this leads to a garage.

  • Sufficient Shares Registered for Resale.....................20 Section 7.11.

  • If a Participant does not fulfil his obligations under either Section 11.1(a) or Section 11.1(b) in respect of any Tax Liability arising from the Award of Restricted Stock Units within seven days after the date of the Taxable Event and Shares are readily saleable at that time the Company will sell Sufficient Shares on behalf of the Participant from the Shares which would otherwise be delivered to the Participant.

  • Guidance Sufficient Shares being held in public hands (free float) is fundamental to the orderly trading and liquidity of Shares once they are admitted to trading, and therefore a key consideration of whether new Shares are appropriate to be admitted to the Official List.

  • Sufficient Shares: the smallest number of Shares which, when sold following the exercise of an Option, will produce an amount in pounds sterling at least equal to the relevant Tax Liability (after deduction of brokerage and any other charges or taxes on the sale).

  • Sufficient Shares Registered for Resale.....................................19 Section 7.11.

Related to Sufficient Shares

  • Exchange Shares has the meaning set forth in Section 2.01(b).

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

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

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

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

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

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

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • Purchased Securities has the meaning assigned in the Terms;

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Underlying Shares means the shares of Common Stock issued and issuable upon conversion or redemption of the Debentures and upon exercise of the Warrants and issued and issuable in lieu of the cash payment of interest on the Debentures in accordance with the terms of the Debentures.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

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

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

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

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

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.