AC Share definition
AC Share means one share of US$1.00 each in the issued share capital of the Apex Corporate legally and beneficially owned by the Power Global, representing the entire issued share capital of Apex Corporate
Examples of AC Share in a sentence
Alpha Ventures has made an offer to purchase dated April 9, 1997 (the "Offer") to the holders of common shares ("AC Shares") of Alpha Corporation ("AC") to purchase all of the issued and outstanding AC Shares, for the consideration of 1.38 common shares of Alpha Ventures for each AC Share to a total of 6,978,828 shares of Alpha Ventures.
In addition to the Estimated Closing Statement provided pursuant to this Section 2.04, the Company shall provide to the Purchaser an updated version of the Payment Schedule based on the Estimated Closing Cash Proceeds, which shall be updated to include the Closing Series A/C Share for each of Holdings LP and Falcon, and the amounts to be paid to each Seller and Falcon pursuant to Section 2.03.