Weatherford Shares definition

Weatherford Shares means the shares of Weatherford Common Stock to be issued to the Vendors as the Consideration and any Additional Consideration pursuant to this Agreement;
Weatherford Shares means the common shares of Weatherford owned by Precision to be transferred pursuant to the Plan to Shareholders in partial consideration for their Common Shares;
Weatherford Shares means 550,000 shares of Common Stock; provided, however, that if the average of the closing sales price per share of the Common Stock for the five consecutive trading days ending on the third Business Day immediately preceding the Closing Date, as reported by the New York Stock Exchange (the "Average Closing Price"), is (i) less than $19.00, the Weatherford Shares shall mean the number of shares of Common Stock equal to $10,450,000 divided by the Average Closing Price, or (ii) more than $22.50, the Weatherford Shares shall mean the number of shares of Common Stock equal to $12,375,000 divided by the Average Closing Price.

Examples of Weatherford Shares in a sentence

  • Weatherford shall have received all consents, approvals and other authorizations from Governmental Entities necessary or appropriate for Weatherford to issue the Weatherford Shares.

  • The New York Stock Exchange shall have approved the listing of the Weatherford Shares.

  • Each participant who invested in Weatherford Shares had the right to vote the shares in his or her account with respect to any matter that came before the shareholders for a vote.

  • Weatherford has taken, or will have taken prior tx Xxxxxxx, all necesxxxx xxxxxx to permit it to issue the Weatherford Shares.

  • The Weatherford Shares will be listed on the New York Stock Exchange.

  • The New York Stock Exchange shall have approved the listing of the Weatherford Shares and the Term C Shares.

  • The Weatherford Shares issued pursuant to the terxx xx xxxx Agreement wilx xx xxxxxxy issued, fully paid and nonassessable and not subject to preemptive rights.

  • If Rule 144 as promulgated under the Securities Act or any successor or similar rule or statute shall permit the sale of all the Weatherford Shares that have not been sold or transferred (excluding xxxxxxxxx xrom Tulsa to the Shareholders), the rights of Tulsa and Holdings as to the registration provided for in this Agreement as to the Weatherford Shares shall terminate immediately.

  • In furtherance of such obligation, Weatherford shall file, within 5 Business Days after the Closing Date, xxxx xxx Commission a registration statement on the appropriate form seeking the registration for resale of the Weatherford Shares (the "Registration Statement"), pursuant to a non-xxxxxxxxxxxn offering in accordance with the plan of distribution described therein.

  • On the Closing Date, in consideration of the transfer to Buyer of the Shares, Weatherford shall issue to the Shareholders (in the amounts set forth on Section 1.3 of the Disclosure Schedule) the Weatherford Shares (as defined in Section 10.56) in payment of the purchase price (the "Purchase Price"); provided, however, that an aggregate of 82,189 of the Weatherford Shares (the "Escrowed Shares") shall be held in escrow by Weatherford in accordance with Section 1.8.


More Definitions of Weatherford Shares

Weatherford Shares means 328,767 shares of Common Stock; provided, however, that if the Average Closing Price equals or exceeds $39.50, the Weatherford Shares shall mean the number of shares of Common Stock equal to $12,986,000 divided by the Average Closing Price.
Weatherford Shares means the number of shares of Common Stock determined by dividing (a) the difference between $25.5 million and the Debt Obligations (excluding the Term B Note and the Capital Leases (it being understood that the aggregate amount payable under such Capital Leases shall not exceed $50,000)) as of the Closing Date by (b) the average of the closing sales price per share of the Common Stock during normal trading hours for the ten consecutive trading days ending on the second trading day immediately preceding the Closing Date, as reported on the New York Stock Exchange (the "Average Closing Price").
Weatherford Shares means the publicly traded registered shares of Purchaser, par value 1.16 Swiss francs per share.
Weatherford Shares means 105,000 shares of Common Stock.
Weatherford Shares means the number of shares of Common Stock (or any other securities into which or for which the shares of Common Stock shall have been converted or exchanged by reason of reorganization, reclassification, merger, amalgamation, consolidation, business combination or similar transaction) equal to (a) the Adjusted Equity Value divided by (b) the Closing Date Value of the Weatherford Shares.

Related to Weatherford Shares

  • Coop Shares Shares issued by a Cooperative Corporation.

  • 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.

  • 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.

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

  • Unit Shares means the Common Shares comprising part of the Units;

  • 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.

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

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

  • Co-op Shares Shares issued by private non-profit housing corporations.

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

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

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

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • 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.

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

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

  • Buyer Stock means the common stock, par value $0.0001 per share, of Buyer.

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

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

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

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

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

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.