Unsold Shares means any unsold Offered Shares, if any, remaining to the credit of the Escrow Demat Account after release of the Sold Shares to the demat account(s) of the Allottees or on the occurrence of an Event of Failure of the Offer;
Unsold Shares means the difference between (a) the number of shares of Series A Preferred Stock which were initially issued upon conversion of the Notes and (b) the number of shares of Series A Preferred Stock, regardless of when such shares were issued, which have been converted into Common Stock with the Common Stock having been sold.
Unsold Shares means and has exclusive reference to the shares of the Lessor which were issued to the Sponsor's grantor(s) or individuals produced by the Sponsor's grantor(s) pursuant to the Offering Statement-Plan of Cooperative Organization or Contract of Sale under which the Lessor acquired title to the building; and, all shares which are Unsold Shares retain their character as such (regardless of transfer) until (1) such shares become the property of a purchaser for bona fide occupancy (by himself or a member of his family) of the apartment to which such shares are allocated, or (2) the holder of such shares (or a member of his family) becomes a bona fide occupant of the apartment. This Paragraph 38 shall become inoperative as to this lease upon the occurrence of either of said events with respect to the Unsold Shares held by the Lessee named herein or his assignee. In connection with the sale of Unsold Shares, Lessor will, on request, deliver to the lender the standard recognition agreement then being used by banks or other lenders.
Examples of Unsold Shares in a sentence
If Xxxxxx demands the transfer of such Unsold Shares and sells all of the Unsold Shares within 90 days after Debtor completes the transfer of such Unsold Shares to Holder, the net proceeds received by Holder from such sale shall be applied as described in paragraph 3.
If Xxxxxx demands the transfer of such Unsold Shares and has not sold all of the Unsold Shares within 90 days after Debtor completes the transfer of such Unsold Shares to Holder, any remaining unpaid balance due hereunder shall be forgiven.
The Unsold Shares shall mean shares of Series A Preferred Stock with respect to which both (i) the Series A Preferred Stock has not been converted and (ii) the underlying shares of Common Stock have not been sold or otherwise transferred pursuant to a registration statement or Rule 144.
In the event of an undersubscription of the Rights Issue, any Untaken Shares together with the NQS Unsold Shares will be placed on a best efforts basis by the Placing Agent to independent placees under the Placing.
In no event shall the total liquidated damages payable pursuant to Sections 6.6.1 and 6.6.2, whether in cash or Series A Preferred Stock, exceed in the aggregate twelve percent (12%) of the Purchase Price of the Unsold Shares that are outstanding as of the date on which a computation is being made.
More Definitions of Unsold Shares
Unsold Shares means, as of the time of the closing of the transaction for any issuance of Additional Shares, the total number of Shares Subscriber purchased pursuant to this Agreement (the “Purchased Shares”) minus the total number of Purchased Shares the Subscriber has, as of that time, sold, assigned, or transferred to a person not affiliated with the Subscriber.
Unsold Shares means shares which may be offered for sale and have not been paid for. At the time of registration of establishment of enterprise, unsold shares shall be the total number of shares which shareholders have not yet registered for subscription.
Unsold Shares means and has exclusive reference to the shares of the Lessor which were issued to the Lessor's grantor(s) or individuals produced by the Lessor's grantor(s) pursuant to the Plan of cooperative organization of Lessor under grantor(s) or individual(s); and, all shares which are Unsold Shares shall cease to be designated as Unsold Shares or to retain their character as such (regardless of transfer) until
(1) such shares become the property of a purchaser for bona fide occupancy (by himself or a member of his family) of the apartment to which such shares are allocated, or (2) the holder of such shares (or a member of his family) becomes a bona fide occupant of the apartment. The term "holder of Unsold Shares" wherever used herein shall include a "purchaser of Unsold Shares", such terms being used interchangeably in this lease. Subletting Apartment and Sale of Shares
Unsold Shares means any unsold Offered Shares, if any, remaining to the credit of the Escrow Demat Account after release of the Sold Shares to the demat account(s) of the Allottees or on the occurrence of an Event of Failure of the Offer; “UPI Circulars” SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2018/138 dated November 1, 2018, SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2019/50 dated April 3, 2019, SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated June 28, 2019, SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2019/85 dated July 26, 2019, SEBI circular number SEBI/HO/CFD/DCR2/CIR/P/2019/133 dated November 8, 2019, SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2020 dated March 30, 2020, SEBI circular number SEBI/HO/CFD/DIL2/CIR/P/2021/2480/1/M dated March 16, 2021, SEBI circular no. SEBI/HO/CFD/DIL1/CIR/P/2021/47 dated March 31, 2021, SEBI circular no. SEBI/HO/CFD/DIL2/P/CIR/2021/570 dated June 2, 2021, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/45 dated April 5, 2022, SEBI circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/51 dated April 20, 2022, SEBI circular no. SEBI/ HO/CFD/DIL2/CIR/2022/75 dated May 30, 2022, SEBI master circular with circular number SEBI/HO/MIRSD/POD-1/P/CIR/2023/70 dated May 17, 2023 (to the extent that such circulars pertain to the UPI Mechanism), SEBI master circular with circular number SEBI/HO/CFD/PoD- 2/P/CIR/2023/00094 dated June 21, 2023 and SEBI circular no. SEBI/HO/CFD/TPD1/CIR/P/2023/140 dated August 9, 2023 along with (i) the circulars issued by the National Stock Exchange of India Limited having reference no. 23/2022 dated July 22, 2022 and reference no. 25/2022 dated August 3, 2022; and (ii) the circulars issued by BSE Limited having reference no. 20220722-30 dated July 22, 2022 and reference no. 20220803-40 dated August 3, 2022; and any subsequent circulars or notifications issued by SEBI or Stock Exchanges in this regard;
Unsold Shares means share of Common Stock which either, as of the day on which a determination is being made, (a) were initially issued upon conversion of the Debentures and were not sold by the Investor or (b) were issuable upon conversion of outstanding Debentures which were issued at the Closing.
Unsold Shares means the shares of the Corporation which were issued to the Corporation’s grantor or Sponsor or individuals produced by Sponsor pursuant to the Offering Statement- Plan of Cooperative Organization and all shares which are Unsold Shares retain their character as such (regardless of transfer) until such shares become the property of a purchaser or a holder of “Unsold Shares” for bona fide occupancy of the unit to which such shares are allocated.
Unsold Shares means the shares of the Lessor which were issued to the Lessor's grantor or Sponsor or individuals produced by Sponsor or any of the formers' assignees, as well as purchasers for investment or resale, pursuant to the Offering Statement- Plan of Cooperative Organization and, all shares which are Unsold Shares retain their character as such (regardless of transfer) until such shares become the property of a purchaser or a holder of "Unsold Shares" for bona fide occupancy of the unit to which such shares are allocated. Xxxxxx Gardens Apartments LLC is a holder of Unsold Shares with all rights of a holder of Unsold Shares.