Textron Shares definition

Textron Shares means all shares of Series A Redeemable Preferred Stock held beneficially and of record solely by Textron and/or any of Textron's Subsidiaries to the extent solely and continuously beneficially owned since the Issuance Date of the Series A1 Preferred Stock; provided that the Company may require reasonable certifications and indemnities from Textron as to such beneficial ownership and continuous beneficial ownership since the Issuance Date of the Series A1 Preferred Stock as a condition to complying with the provisions of, or determining eligibility for, a Par Offer or for ascertaining the need to comply with the penultimate paragraph of Section 7(b).
Textron Shares means all shares of Series A Preferred Stock held beneficially and of record solely by Textron and/or its subsidiaries to the extent solely and continuously beneficially owned since the issuance date.
Textron Shares means (i) all of the shares of Common Stock issued to Textron in the Merger and (ii) any Company Voting Securities issued in respect of any subdivision, split or dividend on the shares of Common Stock described in subparagraph (i).

Examples of Textron Shares in a sentence

  • The purchase price of the shares as to which an Option shall be exercised shall be paid in full at the time of exercise at the election of the optionee (1) in cash, (2) by tendering to Textron Shares of Common Stock then owned by the optionee having a Fair Market Value equal to such purchase price, or (3) partly cash and partly in shares of Common Stock valued at Fair Market Value.

  • The provisions of this Section 7(d) are solely for the benefit of Holders of Series A Redeemable Preferred Stock that constitute Textron Shares.

  • The provisions of this paragraph shall operate solely for the benefit of Textron and its Subsidiaries in their capacity as holders of Textron Shares.

  • Notwithstanding anything in this Certificate of Designation to the contrary, in the event of a breach of these provisions and no other provision of this Certificate of Designation, the sole affected Holders entitled to voting rights under Section 4 shall be the Holders of the Textron Shares.

  • The Company may require reasonable certifications and indemnities from Textron and/or any Non-Textron Transferee concerning the transfer of Textron Shares as a condition to issuing additional shares of Series A Redeemable Preferred Stock (or cash payments in respect of fractional shares) as contemplated by this paragraph.

  • Additional dividends are payable in cash in respect of Series A Redeemable Preferred Stock constituting Textron Shares as provided in Section 7(d) ("LIQUIDITY DIVIDENDS").

  • For the avoidance of doubt, but without limitation, the Transferred Shares shall have a Liquidation Preference and be entitled to Total Cash Dividends in Arrears, if any, as if such shares (or any predecessor shares) had never been Textron Shares.

  • Additional dividends are payable in cash in respect of Series A Redeemable Preferred Stock constituting Textron Shares as provided in Section 7(d) ("Liquidity Dividends").

Related to Textron Shares

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

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

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

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

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

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

  • 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.

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

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

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

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

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

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

  • 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.

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • 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.

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

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

  • RSU Shares means shares of Common Stock that underlie an RSU.

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