Sale Shares definition

Sale Shares has the meaning ascribed to it at Recital (A).
Sale Shares has the meaning given to it in Clause 2.1;
Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;

Examples of Sale Shares in a sentence

  • The Purchaser shall purchase the Sale Shares with 32,432,432 newly issued ordinary shares of the Company (“New SEGL Shares”) at the issue price of S$0.115 (“Issue Price”) per New SEGL Share, with total value of USD2,760,000 (equivalent to approximately S$3,729,7301) (hereinafter referred to as the “Purchase Consideration”).

  • None of the Directors or the controlling shareholders of the Company has any direct or indirect interest in the proposed acquisition of the Sale Shares (other than through their shareholdings in the Company, if any).

  • The Company shall issue and allot the New SEGL Shares to the Vendor upon satisfaction of the conditions set out in Article 4 in the SPA (mainly on the Representation and Warranties, Veracity of Warranty and the necessary regulatory approvals and consents) and receipt of physical certificate(s) representing the Sale Shares of the Vendor.

  • Sale Shares shall have the meaning ascribed thereto in Recital B.

  • There are no persons who are proposed to be appointed as a Director of the Company in connection with the proposed acquisition of the Sale Shares.


More Definitions of Sale Shares

Sale Shares has the meaning set forth in Section 5.3(a).
Sale Shares has the meaning set forth in the Recitals.
Sale Shares means the 8,686,870 Existing Shares to be sold by existing shareholders in the Company, pursuant to the Placing;
Sale Shares shall have the meaning as specified in the Recitals to the Agreement.
Sale Shares means all the equity capital of the Company;
Sale Shares shall have the meaning ascribed to such term in Recital (F) of this Agreement;
Sale Shares shall have the meaning set forth in Section 3(a) hereof.