Issue Shares Clause Samples

Issue Shares. Each Share of a Series shall represent an equal beneficial interest in the net assets of such Series. Each holder of Shares of a Series or a Class thereof shall be entitled to receive his pro rata share of all distributions made with respect to such Series or Class. Upon redemption of his Shares, such Shareholder shall be paid solely out of the funds and property of such Series. The Trustees may adopt and change the name of any Series or Class.

Issue Shares. (A) All the issued Shares of the Company were allotted and issued fully paid in accordance with its constitutional documents and in compliance with all relevant laws and rank pari passu in all material respects inter se. (B) All the Shares of the Company are free from any Encumbrances of whatsoever nature and together with all rights and entitlements attaching thereto.

Issue Shares. Alter rights under any class of share. 5.1.4

Issue Shares. At the Effective Time, the Surviving Corporation will issue shares of newly issued, fully-paid and non-assessable common stock, without par value of the Surviving Corporation to US Sub in consideration for US Sub paying the Merger Consideration to the holders of Outstanding Adaytum Shares pursuant to the provisions of this Agreement, which shares issued by the Surviving Corporation will have a fair market value equal to the aggregate fair market value of the Outstanding Adaytum Shares and equal to the cash paid by US Sub.

Issue Shares. Issue, allot, redeem, purchase or grant options over any of its shares, debentures or other securities or reorganise its share capital in any way except in accordance with Clause 7.