Community Shares definition

Community Shares means the $1.00 par value per share common stock of Community.
Community Shares is a means of raising money within a community benefit society (CBS) structure. All supporters’ trusts are formed as community benefit societies (as defined under Industrial and Provident Society legislation) and this means that they can raise capital finance through this method.
Community Shares means a form of shares known as withdrawable share capital, which is unique to society law. Withdrawable share capital can be withdrawn from the Society, subject to these rules and any conditions set out in a share offer document.

Examples of Community Shares in a sentence

  • In order to fund its business, the Society may issue Community Shares.

  • On the solvent dissolution or winding up of the Society, holders of Community Shares shall have no financial entitlement beyond payment of outstanding interest and repayment of paid-up share capital.

  • The Community Shares Standard Mark is awarded by the Community Shares Unit to offers that meet national standards of good practice.

  • Upon an employee's voluntary written assignment filed at least three (3) weeks in advance, the University agrees to deduct from the employee's wages on a regular basis, amounts due and payable to COPE, United Way, Community Shares, and other organizations currently recognized under University policy.

  • The Society Board may pay interest to holders of Community Shares as compensation for the use of such funds, but the rate of interest shall be no higher than the Society Board considers to be necessary to attract the funding needed for the business of the Society and shall not in any event be higher than 2% above clearing bank base rate from time to time.

  • The City shall deduct from the paychecks of employees giving written authorization such sums specified for the following programs: - Community Shares - U.S. Savings Bond Program - United Way Payroll Deductions Program - Public Employee Organization to Promote Legislative Equality (P.E.O.P.L.E.) The City shall remit such withholdings to the proper authorities.

  • These include 403(b) and 457 plans, the Section 125 flexible benefit plan, ETA dues, Xxxxx Family Credit Union, STRS Purchase, STRS Deferred Purchase, United Way, Community Shares, Political Deduction, and U.S. Savings bonds.

  • In 2013 Portland Works was purchased by over five-hundred tenant and community shareholders along with the implementation of an asset lock4 (Community Shares, 2018), which would prevent its demutualisation.

  • In order to fund its business, the Club may issue Community Shares.

  • The Club has ordinary shares and may have Community Shares in accordance with the provisions set out in Rule 22.

Related to Community Shares

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

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

  • Coop Shares Shares issued by a Cooperative Corporation.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Ordinary Shareholders means holders of Ordinary Shares.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

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

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • 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;

  • Subco Shares means the common shares in the capital of Subco.

  • Ordinary Shareholder means a holder of ordinary shares;

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

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Common Stockholders means holders of shares of Common Stock.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

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

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Voting Shares means the Common Shares and any other shares in the capital of the Corporation entitled to vote generally in the election of all directors.

  • 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.

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