Bound Shares definition

Bound Shares means the Shares held individually by each one of the Stockholders, as indicated in Appendix I, and all such shares as (a) come to be subscribed as a result of the right of preference relating to the Bound Shares, whether for subscription of new Shares or securities (or securities convertible into Shares or which enable the subscription of new Shares), or (b) are issued by reason of a bonus, reverse split or split of the Bound Shares.
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Bound Shares means all the shares issued by the Company that are held by the Founding Shareholders at any time, and, also, all rights inherent in such shares, including bonus shares or subrogated shares as a result of corporate restructuring of any kind, according to future shareholding structure identified in Exhibit I, which shall be effective after the Share Merger is implemented, once the conditions precedent laid down in the Share Merger Agreement are met.
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Bound Shares has the meaning ascribed to it in Clause 2;
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Examples of Bound Shares in a sentence

  • For the approval of any matter, the affirmative vote of stockholders representing at least 50.01% (fifty point zero one per cent) of the Bound Shares shall be required (subject to the provision of Clause 4.2(j)).

  • Each one of the Stockholders and Consenting Parties warrants that it is the legitimate owner of the number of Bound Shares, or (as the case may be) of Shares, identified in APPENDIX I, and that these shares are (as the case may be, and except as specified in this Agreement) free of and unencumbered by any legal or extrajudicial burden, lien, charge, pending matter or proceedings, or debts or restrictions of any type, on their free transfer (“Encumbrances”).

  • All and any transactions involving direct or indirect Transfer of Bound Shares in the Company must obey the provisions of this Clause 5 and the applicable law.

  • Bound Shares are not released and a forced execution is begun by the competent Court, in the terms of Article 861 of the Code of Civil Procedure, the other Stockholders shall have the right to acquire said Attached Bound Shares, for the Price of the Attached Bound Shares, subject to the provisions in the following clauses and the order of preference between Shareholders of the same Block, as specified in Clauses 5.2.1 to 5.2.6 above.

  • This Agreement comes into effect on today’s date and shall remain in effect until November 12, 2043, and may be rescinded in the event of statement in writing by Stockholders representing at least 50.01% (fifty point zero one percent) of the Bound Shares, subject to the provisions of Clauses 4.3 to 4.3.3 above.

  • The Offered Stockholders shall have the right of preference in acquisition of the totality, and no less than the totality, of the Offered Shares, in proportion to their respective holdings of Bound Shares, provided that this is subject to the conditions established in the subclauses below, and for the same price, terms and conditions stipulated in the Share Offer (‘the Right of First Refusal’).

  • For approval of any matter the affirmative vote of Stockholders representing at least 50.01% (fifty point zero one percent) of the Bound Shares (subject to the provisions of Clause 4.2(j)) shall be required.

  • Subject to the provisions of Clause 4.3.3, the quorum for decision to define the representative and orientation of the vote to be given in the Prior Meeting by the Block A Stockholders, as specified in this Clause, shall be a majority of the Bound Shares held by the Stockholder members of Block A.

  • Pursuant to the other provisions of this Section 7, if any of the Parties intends to make a Transfer, in full or in part, of its Bound Shares in a transaction which is not to an Authorized Assignee or permitted under Section 7.7 below, such Party (“Offeror”) shall notify the other Party (“Offeree”) in writing of its intention to make a potential Transfer (“Notice of First Refusal”).

  • Any Transfer of Bound Shares and/or Rights contrary to the provisions of this Section 7 shall be deemed null and void and ineffective, and the Company shall refrain from registering any such Transfer on its books and records.


More Definitions of Bound Shares

Bound Shares means the ordinary shares representing the share capital of the COMPANY held by the Parties, as set out in Appendix 1.1 of this Shareholders' Agreement. Also included in the definition of Bound Shares are ordinary shares (i) subscribed as a result of preference rights relating to Bound Shares (whether for the subscription of shares or securities/titles convertible into shares of the COMPANY or that permit the subscription of shares in the COMPANY), except for unsubscribed shares, or (ii) received as a result of a bonus, split or reverse split of Bound Shares. In addition, the common shares of the Parties that come to be linked to the Shareholders’ Agreement will be part of the definition of Bound Shares under the terms of sub-clause 8.6.2 (iii). For all purposes and effects of this Shareholders' Agreement, the common shares held by the shareholders on this date that are not part of Attachment 1. 1, nor those (i) subscribed as a result of preemptive rights relating to these common shares (whether for the subscription of shares or securities/title convertible into COMPANY shares or that permit the subscription of COMPANY shares), (ii) subscribed as a result of the right to subscribe to surplus capital increases (or the issue of securities or securities convertible into COMPANY shares or that permit the subscription of COMPANY shares) due to the ownership of said common shares, (iii) received as a result of a bonus, grouping or split of said common shares, (iv) acquired from third parties not signatory to this Shareholders' Agreement, or (v) acquired from Parties that are not Bound Shares at the time of such disposal. Annex 1.1 of this Shareholders' Agreement shall be revised whenever the Shareholding Control can be exercised in different number of ordinary shares established herein, always ensuring that the rights and duties set forth herein are preserved in the form established herein.
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Bound Shares means in respect of each of Cosan and Shell (subject to Clauses 27.4.4(e) and 27.5.4(e)): (a) the number of ordinary shares in the capital of the Downstream Co that is equal to the aggregate of 4,496,786,292, less the number of Unbound Shares which are ordinary shares held by Cosan or Shell (as applicable) in the capital of the Downstream Co at the Termination Announcement Date; and (b) any new Shares issued to Cosan or Shell (as applicable) by the Downstream Co following the IPO, including pursuant to any share splits of existing Bound Shares or share subscriptions (unless otherwise agreed to in writing in advance by the Cosan Shareholder Representative and the Shell Shareholder Representative), provided that in the case of each of (a) and (b), the Bound Shares shall not include any Unbound Shares;
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Bound Shares shall have the meaning ascribed to it in Section 4.1.
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Related to Bound Shares

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

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

  • Fund Shares means any Securities issued by an investment company registered under the Investment Company Act of 1940.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • 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.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

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

  • 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.

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

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

  • Sale Shares has the meaning ascribed to it at Recital (A).

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

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

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • 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.

  • 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.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Offered Shares has the meaning set forth in Section 3.02(a).

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

  • 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.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.