Examples of EBT Shares in a sentence
Employee Benefit Trust (EBT) Shares We have approximately 25.2 million outstanding common shares that are held by the Markit Group Holdings Limited Employee Benefit Trust.
In addition, the Class C Holders shall cause to be sold, conveyed, assigned, transferred and delivered, to Purchaser, and Purchaser shall purchase, acquire, assume and accept all of the right, title and interest in and to, the EBT Shares, free and clear of all Liens (other than Liens created byPurchaser and restrictions on Purchaser’s transfer under any applicable securities Law).
Pursuant to the terms of the SunRay Malta Holdings Limited Share Plan Rules, the EBT Trustee is required to transfer the EBT Shares on a Complete Exit as defined in the Company Shareholders Agreement.
The EBT Trustee is the sole registered legal and beneficial owner of the EBT Shares and such EBT Shares are to be sold pursuant to this Agreement.
Such EBT Shares are not subject to any Liens (other than restrictions on Purchaser’s transfer under applicable securities Laws) or to any rights of first refusal of any kind that will remain in effect as of the Closing, and no rights to purchase have been granted and there are no obligations to transfer, assign or otherwise dispose of such EBT Shares to any other Person (other than Purchaser) that will remain in effect as of the Closing.
Monitoring the compliance of the rehabilitation contracts and protocols will ensure that the implementation of activities is generating the expected positive impact throughout the year.
However, the EBT Trustee will be entitled to vote, in respect of EBT Shares, on the resolutions proposed at the General Meeting.
It is clear that with regards to wireless technology, we are all part of a massive experiment without our informed consent and that the ten points below are not being adhered to.
Once the Scheme becomes Effective, the Scheme will be binding on all Scheme Shareholders, irrespective of whether or not they attended and/or voted in favour of the Scheme, and all OpSec Shares not already owned by Orca will be transferred to Orca.The EBT Shares and the OpSec Shares and Preferred Shares beneficially held by Orca do not form part of the Scheme.
For the purposes of calculating the Tender Offer Entitlement, the Company has excluded the Locked-in Shares and the EBT Shares, which will not be tendered.