Designated Share definition
Examples of Designated Share in a sentence
Notwithstanding the foregoing, each Party shall be solely responsible for any and all Liabilities to the extent arising out of or relating to such Party’s (or its Subsidiaries’) breach of any such Buyer Designated Share Contract.
The Agreement, together with this Schedule 22(d), comprises the agreement pursuant to which you may provide certain of your customers the opportunity to purchase and redeem the Designated Share Class of one or more of the Funds through your commissionable brokerage platforms with commissions determined by you, acting as agent on behalf of such customers.
In such event the number of shares to be issued to Director will be reduced by the Designated Share Number.
Repayment by Impax of the amounts under subparagraphs (a) and (b), above, and Section 4.3, if applicable, shall be made to Teva not later than January 15, 2004, and shall be paid, at the option of Impax, in cash or (subject to Section 10.5) in Impax Common Stock at the Designated Share Price.
Notwithstanding anything to the contrary in the Deposit Agreement, the Company will not deliver to the Depositary or the Custodian in connection with the issuance of Designated Restricted ADSs, and the Depositary shall not be required to accept under any circumstances (i) any fraction of a Designated Share, nor (ii) a number of Designated Shares which upon application of the ADS to Share ratio would give rise to a fraction of a Designated Restricted ADS.
The Purchaser Representative and Purchaser shall not have any Liability to the Seller for any allocation or distribution among the Seller and the Designated Share Recipients of payments made to or at the direction of the Seller Representative.
Each Designated Share Recipient shall have the right to vote such Designated Share Recipient’s relative holding shares of the Indemnity Escrow Property (together with any equity securities paid as dividends or distributions with respect to such shares or into which such shares are exchanged or converted) during the time held in the Indemnity Escrow Account.
If the Second Tier Revenue Target is met, the Designated Share Recipients, shall receive and only receive the Second Tier Earnout Payment and shall not be entitled to also receive the First Tier Earnout Payment.
Each Designated Share Recipient shall have the right to vote such Designated Share Recipient’s allocated share of the Earnout Escrow Shares (together with any equity securities paid as dividends or distributions with respect to such shares or into which such shares are exchanged or converted) during the time held in the Earnout Escrow Account as Earnout Escrow Shares.
The resulting fraction of less than one Designated Share (calculated with five decimals) is to be multiplied with the Closing Price as of the day before the Conversion Declaration has been delivered to the Principal Paying and Conversion Agent, and the resulting amount in Swiss francs (rounded to five centimes) is to be paid in cash to the converting Bondholder.