Examples of Tranche I Shares in a sentence
Tranche I Shares With the exception of the Barings U.S. High Yield Bond Component Fund, the Tranche I Shares of the Funds are available to distributors rendering portfolio management and/or investment advice on an independent basis (for distributors which are incorporated in the European Union those services as defined by MiFID), and distributors providing non-independent advice who have agreed with their clients not to receive and retain any commissions.
Tranche I Shares The Tranche I Shares of the Funds are available to distributors rendering portfolio management and/or investment advice on an independent basis (for distributors which are incorporated in the European Union those services as defined by MiFID), and distributors providing non-independent advice who have agreed with their clients not to receive and retain any commissions.
Moreover, the Promoters of the Target Company do not hold any control of the management of the Target Company as the board of directors of the Target Company has been reconstituted by the Acquirer and post the acquisition of Tranche I Shares by the Acquirers, the shareholding of the Promoters has fallen below 10% of the paid up capital of the Target Company.
Purchaser acknowledges that the Company would not have an adequate remedy at law for money damages in the event that this covenant were not performed in accordance with its terms and therefore Purchaser agrees that the Company shall be entitled to (i) specific enforcement of the terms hereof; (ii) the immediate rescission or cancellation of the Tranche I Shares; and (iii) any other remedy to which it may be entitled, at law or in equity.
The Tranche I Shares will be registered in the Norwegian Register of Business Enterprises on or around 17 December 2021, following which the Company’s share capital will be increased with minimum EUR 500,000,000 and maximum EUR 1,500,000,000, from EUR 4,399,349.9 to minimum EUR 504,399,349.90 and maximum EUR 1,504,399,349.90 through issuance of minimum 5,000,000,000 and maximum 15,000,000,000 new shares, each with a nominal value of EUR 0.05.
Within 90 days following the last day of the Tranche III Vesting Date, Buyer shall deliver and convey to Seller 90,024 shares of Company Common Stock (subject to proportionate adjustment for stock splits, stock dividends, stock combinations and similar events after the Sale Closing Date) (the “Tranche III Shares” and, collectively with the Tranche I Shares and the Tranche II Shares, the “Tranche Shares”), free and clear of all Encumbrances (other than any Encumbrance created by Seller).
To: 'The Company's share capital is EUR 4,399,349.9, divided on 87,986,998 shares, each with a nominal value of EUR 0.05' On 27 September 2021, before the share capital reduction was registered, the extraordinary general meeting of the Company passed the following resolution to increase the share capital of the Company in connection with the Tranche I Shares: ***3.
Each Investor a party to this Agreement on the One-Year Anniversary shall receive that number of the Tranche I Shares that is equal to such Investor’s Applicable Commitment Percentage multiplied by the aggregate number of Tranche I Shares issuable by the Corporation pursuant to this clause (a).
Tranche I Shares ACTIVE/118905138The Tranche I Shares of the Funds are available to distributors rendering portfolio management and/or investment advice on an independent basis (for distributors which are incorporated in the European Union those services as defined by MiFID), and distributors providing non-independent advice who have agreed with their clients not to receive and retain any commissions.
At the Closing, Category shall deliver to Sellers, in exchange for all of the Interests, 500,000 Category 5 Shares (the "Tranche I Shares").