Affiliate Share definition

Affiliate Share means any common share issued by BR GP, ICE AB Inc., FRI Inc. or HE Inc.

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Affiliate Share has the meaning ascribed to it in section "2.2" hereinbelow;

Affiliate Share means each share of Common Stock issued upon conversion of an Affiliate Note, and each other share of Common Stock issued in exchange thereof, or in substitution therefor; provided, however, that a share of Common Stock that is an Affiliate Share will cease to be an Affiliate Share at such time, if any, that (a) either (i) such share is eligible for resale pursuant to Rule 144 without any limitations thereunder as to volume, manner of sale, availability of current public information or notice; (ii) such share is sold or otherwise transferred pursuant to a registration statement that was effective under the Securities Act at the time of such sale or transfer; (iii) such share is sold or otherwise transferred pursuant to an available exemption (including Rule 144) from the registration and prospectus-delivery requirements of, or in a transaction not subject to, the Securities Act and, immediately after such sale or transfer, such share ceases to constitute a “restricted security” (as defined in Rule 144); and (b) the Company has received such certificates or other documentation or evidence as the Company may reasonably require in order to establish that (x) the holder or beneficial owner of such share is not, and was not at any time during the preceding three (3) months, an Affiliate of the Company; and (y) at least one of the conditions set forth in clause (a) above has been satisfied. The Trustee will have no obligation to determine or verify whether any share of Common Stock is an Affiliate Share.

Examples of Affiliate Share in a sentence

Except for the Indebtedness Payment and Affiliate Share Transfer, Employee acknowledges and represents that the Company has paid or provided all salary, wages, bonuses, accrued vacation/paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, restricted stock units, vesting, and any and all other benefits and compensation due to Employee through the Separation Date.
Employee agrees that the Indebtedness Payment and the Affiliate Share Transfer represents settlement in full of all outstanding obligations owed to Employee by the Company and Bubblr Limited, and their respective current and former officers, directors, employees, agents, investors, attorneys, shareholders, administrators, affiliates, benefit plans, plan administrators, insurers, trustees, divisions, and subsidiaries, and predecessor and successor corporations and assigns (collectively, the “Releasees”).
For each BIL-Covered Affiliate, the BIL-Covered Affiliate Share shall equal (i) the quotient of (A) such BIL-Covered Affiliate's Percentage Increase, divided by (B) the sum of all BIL-Covered Affiliate Percentage Increases, multiplied by (ii) the BIL-Covered Affiliate Annual Volume Rebate.
The Bacardi Monaco-Covered Affiliate Annual Volume Rebate shall be allocated among the Bacardi Monaco-Covered 9 Affiliates so as to pay each Bacardi Monaco-Covered Affiliate its Bacardi Monaco-Covered Affiliate Share.
The BIL-Covered Affiliate Annual Volume Rebate shall be allocated among the BIL-Covered Affiliates so as to pay each BIL-Covered Affiliate its BIL-Covered Affiliate Share.
For each Bacardi Monaco-Covered Affiliate, the Bacardi Monaco-Covered Affiliate Share shall equal (i) the quotient of (A) such Bacardi Monaco-Covered Affiliate's Percentage Increase, divided by (B) the sum of all Bacardi Monaco-Covered Affiliate Percentage Increases, multiplied by (ii) the Bacardi Monaco-Covered Affiliate Annual Volume Rebate.
In the event that PAGI desires to exercise both the Share Option and ------ the Affiliate Share Option, the exercise price with respect thereto shall be the sum of (i) four (4) times the BPN Affiliates pre-tax earnings for the twelve (12) complete consecutive calendar months immediately preceding the date of the Exercise Notice, plus (ii) the Share Option Exercise Price.
In the event that the closing of the transaction described in the Exercise Notice (the "Closing") is not consummated within twelve (12) months following the date of said notice, BPN shall have the right, by providing written notice in accordance with Section 13.6 hereof, to terminate the Share Option and the Affiliate Share Option upon such written notice to and without the consent or prior approval of PAGI.
It is understood and agreed that the Affiliate Shares will initially be reserved for offer and sale to the Affiliate Purchasers upon the terms and subject to the conditions set forth in this Agreement and the Prospectus and will be sold to the Affiliate Purchaser by ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, LLC at a price of $8.11 per Affiliate Share, which is the closing bid price of the Company’s common stock immediately preceding the effectiveness of this Agreement.
Option and the Affiliate Share ---------------------------------------------------------- Option.

More Definitions of Affiliate Share

Affiliate Share means Affiliate’s two (2) percentage interest in the Net Profits and Net Losses of DBNY.