Qualified shares definition

Qualified shares means all shares entitled to be voted with respect to the transaction except for shares that the secretary or other officer or agent of the corporation authorized to count votes either knows, or under subsection 4 is notified, are held by:

Qualified shares means any shares entitled to vote with respect to the director's conflicting interest transaction except shares that, to the knowledge, before the vote, of the Secretary, are beneficially owned, or the voting of which is controlled, by a director who has a conflicting interest respecting the transaction or by a related person of the director, or both.

Qualified shares means, with respect to a director's conflicting interest transaction pursuant to Section 16-10a-853, one or more shares entitled to vote on the transaction, except a share:

Examples of Qualified shares in a sentence

• The Administrator will allocate 30% of the Compensation Fund to Authorized Claims in respect of Qualified Shares (September Disclosure) to create the Compensation Fund (September Disclosure).

• The Administrator will then allocate 70% of the Compensation Fund to Authorized Claims in respect of Qualified Shares (November Disclosure) to create the Compensation Fund (November Disclosure).

• If a Claimant disagrees with the Administrator’s decision relating to eligibility to share in the Distribution, the determination of the number of Qualified Shares, or the amount of his/her/its Maximum Entitlement (September Disclosure) and/or Maximum Entitlement (November Disclosure), a Claimant may elect a Reference by the Referee by delivering a written election for review to the Administrator within fifteen (15) days of receipt of the Administrator’s decision.

• If a Claimant disagrees with the Administrator’s decision relating to eligibility to share in the Distribution, the determination of the number of Qualified Shares, or the amount of the Nominal Entitlement, a Claimant may elect a Reference by the Referee by delivering a written election for review to the Administrator within fifteen (15) days of receipt of the Administrator’s decision.

• If a Claimant disagrees with the Administrator’s decision relating to eligibility to share in the Distribution, the determination of the number of Qualified Shares, or the amount of his/her/its Maximum Entitlement, a Claimant may elect a Reference by the Referee by delivering a written election for review to the Administrator within fifteen (15) days of receipt of the Administrator’s decision.

More Definitions of Qualified shares

Qualified shares means the 3,362,640 Common Shares of the Company issued on exercise or deemed exercise of the Special Warrants, qualified under this Prospectus.

Qualified shares means, with respect to a director's conflicting interest

Qualified shares means shares that are not prescribed shares for the purposes of the definition of "flow-through share" in section 66(15) of the INCOME TAX ACT;

Qualified shares means shares that are not prescribed shares for the purposes of the definition of “flow-through share” in section 66(15) of the Income Tax Act;

Qualified shares means Shares purchased or acquired during the Class Period and held until after the close of trading on February 6, 2019, calculated using LIFO;

Qualified shares means Period One Shares and Period Two Shares;

Qualified shares means shares of the Company’s Common Stock which have either (i) been owned by the Optionee for more than six months or (ii) were not acquired, directly or indirectly, from the Company. For purposes of this Agreement, “Fair Market Value” is defined as the closing market price on the last trading day immediately preceding the date that written notice of exercise is delivered to the Company. Notwithstanding the foregoing, the Option may not be exercised by tender of Company shares if such tender would constitute a violation of the provisions of any law or regulation, or would conflict with any agreement or policy regarding the redemption of the Company’s Common Stock.