Residual Shares definition

Residual Shares means the Scheme Shares excluding the Cede Shares;

Residual Shares shall have the meaning specified in Section 7.1.

Residual Shares has the meaning set forth in Section 6.3(c)(i).

Examples of Residual Shares in a sentence

• HM Treasury has agreed, subject to certain conditions, to underwrite the Placing and Compensatory Open Offer in full by subscribing any Residual Shares at the Issue Price.

• The Placing and Compensatory Open Offer and the obligation of HM Treasury to subscribe for the Residual Shares is conditional on the Open Offer Agreement becoming unconditional in all respects.

• However, if no Qualifying Shareholders take up their Open Offer Entitlements and no Non-Accepted Shares are placed with placees pursuant to the Rump Placing, then, following the subscription by HM Treasury of the Residual Shares pursuant to its underwriting commitment, HM Treasury will hold 17,685,739,386 Ordinary Shares, representing approximately 65.1 per cent.

• At or prior to the Effective Time, Venus shall take all actions necessary (including adopting such appropriate resolutions of the Board of Directors of Venus or any committee of the Board of Directors of Venus) to effectuate the treatment of Venus Equity Awards and Venus Residual Shares contemplated by this Section 1.08.

• HM Treasury will hold all subscription monies owed to the Company in respect of any Open Offer Shares taken up by HM Treasury pursuant to its Open Offer Entitlement or pursuant to its subscription of Residual Shares for the benefit of the Company, and the Company will authorise HM Treasury to apply such monies in respect of the redemption of the HMT Preference Shares.

More Definitions of Residual Shares

Residual Shares means the shares in the capital of the Company described in column (2) of Schedule 1 Part 2;

Residual Shares means the Scheme Shares excluding the Depositary Shares;

Residual Shares meanss the 400 Class A Common Shares owned by Xxxx Xxxxx , the 200 Class A Common Shares owned by Xxxxx Xxxxxx, and the 1177.94 Class A Common Shares owned by Investor Co, in trust for Xxxxx Sambamdam.

Residual Shares shall have the meaning specified in Section 4.1.

Residual Shares means all shares of Common Stock that Residual Interest Holders are deemed to hold for purposes of determining the Call Per Share Price and the Select Call Per Share Price.

Residual Shares is defined in Section 4.2.3.

Residual Shares means 10,372,222 shares of Common Stock, reduced by the Basic Option Shares.