Committed Shares definition

Committed Shares means the Shares specified in the Schedule hereto, including any Shares deriving from the rights set out in column 4 of that Schedule;

Committed Shares means the Ordinary Shares and/or American Depositary Shares of the Company particulars of which are set out in Part 1 of Schedule 1 and shall include any Ordinary Shares and/or American Depositary Shares of the Company attributable to or deriving from such securities;

Committed Shares means, with respect to each Stockholder, Shares of such Stockholder equal in number to the sum of (x) the number set forth in the column labeled “Subject Shares” on Exhibit A hereto corresponding to each Stockholder’s name thereon plus (y) such Stockholder’s “Pro Rata Shares”. “Pro Rata Shares” means, with respect to each Stockholder, Shares of such Stockholder equal in number to the product of:

Examples of Committed Shares in a sentence

• At the Closing, subject to the terms and conditions hereof, the Company will deliver to Subscriber certificates representing the number of Committed Shares to be sold to the Subscriber, each bearing an appropriate legend referring to the fact that the Committed Shares were sold in reliance upon an exemption from registration under the Securities Act.

• The Subscriber’s obligation to purchase the Committed Shares is subject to the satisfaction, at or prior to Closing, of the following conditions.

• The Subscriber also understands that the Committed Shares and other Stock are being offered and sold pursuant to an exemption from registration contained in the Securities Act based in part upon Subscriber’s representations contained in this Agreement.

• Subject to the terms and conditions hereof, the Subscriber hereby irrevocably subscribes for the Committed Shares, payable as described in Section 2.2 hereof.

• On or prior to Closing (as defined in Section 2.1 below), the Company shall have authorized the issuance and sale to Subscriber of the Committed Shares upon the terms and conditions set forth in the Subscription Form and in this Agreement, and the Company shall have authorized the issuance of and reserved the Conversion Shares issuable upon conversion of the Convertible Preferred Stock.

More Definitions of Committed Shares

Committed Shares. ’ means the 359,218,770 Peoples Shares beneficially owned by China Resources and the 133,382,831 Peoples Shares beneficially owned by Michael Leung, which are subject to the Irrevocable Undertakings;

Committed Shares means those Offeree Shares held in the manner referred to in paragraph 1 of this undertaking together with any other securities in the Offeree issued or unconditionally allotted to me or my Connected Persons, orotherwise acquired by me or my Connected Persons after the date of this undertaking;

Committed Shares has the meaning set forth in Section 4.2(a).

Committed Shares means all Ordinary Shares and/or options, warrants and other rights as may be held in the manner referred to in paragraph 1 of this undertaking together with any other securities (including any rights to securities) in the Company issued or unconditionally allotted to me, or otherwise acquired by me and/or in relation to which I become registered holder and/or beneficial owner on or after the date of this undertaking;

Committed Shares means the 2,429,512 Offeree Shares held by us in the manner referred to in paragraph 1 of this undertaking together with any other securities in Offeree issued or unconditionally allotted to us, or otherwise acquired by us after the date of this undertaking;

Committed Shares means 121,232,281 Brit Shares held by us in the manner referred to in clause 1 of this Undertaking, together with any Brit Shares issued or unconditionally allotted to us, or otherwise acquired by us, after the date hereof;

Committed Shares means 102,750 Brit Shares held by me in the manner referred to in clause 1 of this Undertaking together with any other securities in Brit issued or unconditionally allotted to me or my Connected Persons, or otherwise acquired by me or my Connected Persons after the date hereof;