Third Shares definition

Third Shares means such number of Shares determined by dividing A$500,000 by the lowest average issue price at which Shares are issued to any investor under the capital raise contemplated by the definition of Capital Raise Settlement Date, and rounding upwards to the nearest whole number.”
Third Shares means that number of shares of Common Stock equal to the difference between 3.5 million and the sum of (a) the First Shares, (b) the Second Shares and (c) any Default Shares payable to the Company as of the Third Closing Date.
Third Shares has the meaning ascribed to it in Section 2.3 ------------ hereof.

Examples of Third Shares in a sentence

  • Santha Sheela Nair, I.A.S. Tiruchirappalli 12 Thiru M.A. Gowrishanker, I.A.S. Pudukkottai13 Thiru K.

  • At the second closing (the "Second Closing"), Seller shall sell and transfer to Purchaser and CHFC and Purchaser and CHFC shall purchase from Seller three hundred thousand (300,000) Shares (the "Third Shares") at $1.00 per share or $300,000 payable in cash together with interest at the rate of ten percent (10%) per annum from November 15, 1996 to the occurrence of the Second Closing.

  • Pursuant to this Agreement, such Kent Fund will, as soon as practicable after the Exchange Date, distribute in liquidation all of the Fifth Third Shares received by it to its shareholders in exchange for their Kent Shares of such Kent Fund.

  • At the Second Closing, the Purchaser and/or CHFC shall deliver to Seller $300,000 for the Third Shares in immediately available federal funds by wire transfer or by cashier's check, and Seller shall deliver to Purchaser and CHFC a stock certificate(s) representing the Third Shares, duly endorsed for transfer.

  • It was famous for several things, for its aloes, its dragon’s blood, its ambergris, the proficiency of its inhabitants in witchcraft, and, perhaps above all, for the fact that they were Christians.36 Toward the end of the fifteenth century, under the reign of King Manuel (1496 – 1521), Portugal was an emergent power; having established a beachhead across the Atlantic it was eager to pursue its expansionary adventure eastward.

  • The issuance and sale of the Third Shares to the Purchaser shall not be prohibited by any law or governmental order or regulation.

  • The Third Subscription Shares shall be issued free from all encumbrances at the Subscription Price of HK$0.22 per Third Subscription Share.Subject to the terms of the Third Shares Subscription Agreement, the Company and the Third Shares Subscriber shall sign the Third Shares Deed of Off-Setting at the completion of the Third Shares Subscription, and the equivalent amount of the Company’s debt repayment will set off against the Third Shares Subscription Price.

  • Third Shares Subscription Pursuant to the Third Shares Subscription Agreement, the Company has conditionally agreed to allot and issue, and the Third Shares Subscriber has conditionally agreed to subscribe for, the Third Subscription Shares.

  • If prices do not increase sufficiently, that portion of inventory may need to be sold below cost this spring.A mandate requiring marine ship operators to significantly reduce sulfur emissions by 2020 is raising concern about diesel fuel price increases next year.Operators must retrofit ships with scrubbers or change fuels to comply with the law.

  • In the event Stockholder Approval is required under Section 6.5, the Company shall issue to Mediacom the Third Shares, or subject to Section 6.6, the Alternate Cash Consideration, on the Third Closing Date.


More Definitions of Third Shares

Third Shares has the same meaning as set forth in the Stock Purchase Agreement.

Related to Third Shares

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

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Sold Shares shall have the meaning specified in Section 6.

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

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

  • Sale Shares shall have the meaning set forth in Recital B above; and

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

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

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • 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.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

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

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

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

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

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

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

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

  • Scheme Shares means the Target Shares which are subject to the Scheme in accordance with its terms.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

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

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

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