D-S Shares definition

D-S Shares means the shares of Common Stock owned by D-S on the date hereof and any equity securities of the Company issued or distributed in exchange or substitution for, upon conversion or reclassification of or otherwise in respect of such shares.
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Examples of D-S Shares in a sentence

  • At the Closing, the Trust shall deliver to TNT-DE certificates evidencing the Trust Shares, BJS shall deliver to TNT-DE certificates evidencing the BJS Shares and DS shall deliver to TNT-DE certificates evidencing the DS Shares, each duly endorsed for transfer thereon or by means of duly executed stock powers attached thereto against delivery by TNT-DE of the respective number of TNT-DE Shares determined pursuant to Section 1.2 hereof.

  • The Trust is the owner of 13,816 shares of the issued and outstanding common stock of TNT-CA (the "Trust Shares"), BJS is the owner of 18,000 shares of the issued and outstanding common stock of TNT-CA (the "BJS Shares"), and DS is the owner of 9,000 shares of the issued and outstanding common stock of TNT-CA (the "DS Shares").