Underlying Share definition

Underlying Share or “Underlying Shares” shall mean uncertificated shares of, or other interests in, other investment funds, accounts or vehicles, including, but not limited to, mutual funds.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Underlying Share means a Class A Share issuable upon the exercise of an Option.

Underlying Share means a Common Share issuable upon the exercise of an Option; and

Examples of Underlying Share in a sentence

• If any fraction of an Underlying Share would, except for the provisions of this Section, be issuable upon conversion of this Note or payment of interest hereon, the number of Underlying Shares to be issued will be rounded up to the nearest whole share.

• If any fraction of an Underlying Share would, except for the provisions of this Section, be issuable upon conversion of this Debenture, the number of Underlying Shares to be issued will be rounded up to the nearest whole share.

• If any fraction of an Underlying Share would, except for the provisions of this Section 11, be issuable upon conversion of this Note, the number of Underlying Shares to be issued will be rounded up to the nearest whole share.

• The Company shall not be under any obligation to, nor will it, sell the Underlying Shares to, or purchase or take delivery of any such Underlying Share from, Warrantholders in connection with the exercise of any Warrants.

• If any fraction of an Underlying Share would, except for the provisions of this Section, be issuable upon conversion of this Note, the number of Underlying Shares to be issued will be rounded up to the nearest whole share.

More Definitions of Underlying Share

Underlying Share means one Common Share, subject to adjustment in accordance with Article 4;

Underlying Share means, the share or other security which is the subject of the Deposit Agreement; and

Underlying Share means, in respect of a Warrant of a Series, the underlying share in a SICAV managed by KBC Asset Management SA/NV, as specified in the Applicable Final Terms, that can be acquired by the Warrant Holder upon Exercise.

Underlying Share means, in relation to a particular Series of Notes, a share specified as such in the applicable Final Terms, or, in the case of a Share Basket Note, a share forming part of a basket of shares to which such Note relates.

Underlying Share means the shares into which the Reference Obligation is convertible, upon occurrence of the relevant conversion event specified in the terms of the Reference Obligation.

Underlying Share means any capital stock of, share or beneficial interest in, or other unit of ownership interest in, any Underlying Fund, that is (i) evidenced by execution of subscription documents, partnership agreements, operating agreements or limited liability company agreements and/or other documents that are not in bearer or registrable form, (ii) not evidenced by a certificate, and (iii) not capable of being deposited or maintained in a securities depository or clearing agency.

Underlying Share means the Subordinated Voting Share issued upon the exercise of the Underlying Warrant, and payment thereof;