Distributed Shares definition

Distributed Shares means, with respect to each Shareholder, the number of shares of Common Stock distributed to such Shareholder by the Company as a liquidating distribution.

Distributed Shares shall have the meaning set forth in Section 2.1.

Distributed Shares means any shares of Common Stock or of all or any portion of the Warrant that, in either case, is subject to a Metaldyne Distribution to Metaldyne Shareholders.

Examples of Distributed Shares in a sentence

• A holder of Distributed Shares shall have full dividend and voting rights as a holder of Stock.

• The Distributed Shares shall be represented by a certificate or by a book-entry.

• As a condition to the receipt of any Distributed Shares, the Grantee (or his or her legal representative or estate or any third party transferee), if the Company so requests, will execute an agreement in form satisfactory to the Company in which the Grantee or such other recipient of the shares represents that he or she is purchasing the shares for investment purposes, and not with a view to resale or distribution.

• The Company shall have the right to require the Grantee to remit to the Company an amount necessary to satisfy any federal, state and local withholding tax requirements attributable to the vesting and payment of the Restricted Stock Units prior to the delivery of the Distributed Shares, or may withhold from the Distributed Shares an amount of Stock having a Fair Market Value equal to such federal, state or local taxes as shall be required to be withheld pursuant to any applicable law or regulation.

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More Definitions of Distributed Shares

Distributed Shares means the shares of New Common Stock that will be distributed to holders of Allowed Unsecured Claims and holders of Allowed Equity Interests under Sections V and IX of the Plan, but excluding any shares of New Common Stock distributed or distributable pursuant to the exercise of the New Warrants.

Distributed Shares means the Shares that are to be distributed to the GPK Shareholders pursuant hereto;

Distributed Shares means the Share Number less one.

Distributed Shares means the shares of New Common Stock that have been distributed to holders of Allowed Unsecured Claims and holders of Allowed Equity Interests under Sections V and IX of this Plan, but excluding any shares of New Common Stock distributed pursuant to the Subscription Offer. The New Common Stock held by the Reorganization Trustee shall not constitute Distributed Shares.

Distributed Shares means a number of shares of common stock, $0.01 par value per share, of Phar-Mor equal to (a) three million seven hundred fifty thousand (3,750,000) less (b) the number of Payoff Shares less (c) the number of Exchange Shares. The Distributed Shares shall be distributed to Fox Health pursuant to Section 4.2 hereof. The sum of (a) the Distributed Shares plus (b) the Payoff Shares plus (c) the Exchange Shares shall equal three million seven hundred fifty thousand (3,750,000).

Distributed Shares has the meaning set forth in Section 5(b)(i).

Distributed Shares shall have the meaning set forth in the recitals to this Agreement.