Borrowed Shares definition

Borrowed Shares means, as of any date, the number of Shares borrowed by UBS in connection with this Transaction, as determined by the Calculation Agent.
Borrowed Shares means the up to 14,250,000 Class A ordinary shares available for loan by the Lender to the Borrower in accordance with the terms of the Stock Borrowing Agreement.
Borrowed Shares means, in respect of a Capital Call, those shares described in the Share Lending Details comprising 'eligible securities' within the meaning of section 26BC(1) of the Tax Act and which are the subject of a loan in accordance with this deed. The expression includes the certificates or other documents of title (if any) in respect of the foregoing.

Examples of Borrowed Shares in a sentence

  • This Agreement has been duly authorized, executed and delivered by such Forward Seller and, at the Closing Date and at each Date of Delivery, such Forward Seller will have full right, power and authority to sell, transfer and deliver the Borrowed Shares.

  • The Representatives hereby advise the Company that the Underwriters intend to offer for sale to the public, as described in the Prospectus, their respective portions of the Shares as soon after this Agreement has been executed as the Representatives, in their sole judgment, have determined is advisable and practicable and that the Underwriters intend to first allocate the Borrowed Shares to purchasers in the public offering.

  • Borrower may return the Borrowed Shares to the Lending Stockholder, in whole or in part, at any time or from time to time, without penalty or premium.

  • Interest is payable if, as and when Borrowed Shares are returned to Lending Stockholder, in cash or at Borrower’s sole election in freely tradable shares of common stock of the Company.

  • This Agreement shall terminate when the Borrowed Shares are returned.

  • At any time or from time to time after receipt, Borrower may sell, transfer, assign, encumber or otherwise dispose of the Borrowed Shares in any manner, at any time, and for any consideration, in Borrower’s sole discretion; provided, however, that Borrower shall not vote any Borrowed Shares on any matter.

  • Shares of SMFG common stock purchased through Syndicate Cover Transactions shall be used to return the Borrowed Shares.

  • The shares of common stock of the Company acquired through such stabilizing transactions may be used, in whole or in part, to return the Borrowed Shares.

  • Borrowed Shares will be issued in electronic form, without restriction on resale, and delivered by Lending Stockholder on the Effective Date, time being of the essence, to a Deposit/Withdrawal At Custodian (“DWAC”) account with Depository Trust Company (“DTC”) specified by Borrower.

  • Shares of common stock of the Company purchased through Syndicate Cover Transactions shall be used to return the Borrowed Shares.


More Definitions of Borrowed Shares

Borrowed Shares means the up to 25,722,000 Shares available for loan by the Lender to the Borrower in accordance with the terms of the Stock Borrowing Agreement. “Commission” means the United States Securities and Exchange Commission.
Borrowed Shares means the 104,000,000 Shares available for loan by the Lender to the Borrower in accordance with the terms of the Stock Borrowing Agreement.
Borrowed Shares means, as of any date, the number of shares of Common Stock constituting Seller's theoretical short position in connection with the Transaction, as reasonably determined in good faith by the Calculation Agent.
Borrowed Shares and “Placing Shares” shall have the meanings given to them in the Stock Borrow Agreement and the Placement Agreement, respectively;

Related to Borrowed Shares

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Specified Shares means all or, as the case may be, some of the shares specified in a disclosure notice;

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Restricted Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • Common Shares means the common shares in the capital of the Corporation;

  • Company Shares means the common shares in the capital of the Company;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred shares, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Capital Shares Equivalents means any securities, rights, or obligations that are convertible into or exchangeable for or give any right to subscribe for any Capital Shares of the Company or any warrants, options or other rights to subscribe for or purchase Capital Shares or any such convertible or exchangeable securities.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Company Preferred Shares means, collectively, the Company Series A-1 Preferred Shares, the Company Series A-2 Preferred Shares, the Company Series B Preferred Shares, and the Company Undesignated Preferred Shares.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Class B Common Shares means shares of the Class B Common Stock, par value $.01 per share, of the Company.

  • Holdback Shares has the meaning set forth in Section 2.5(b)(v).

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.