Estate Shares definition

Estate Shares means the £0.01 estate shares in the capital of MUL;
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Examples of Estate Shares in a sentence

  • Within sixty (60) days after the death of Xxxxxxx or Xxxxx Xxxx or within thirty (30) days after the appointment of an executor or personal representative of the deceased party's estate, whichever is later, the legal representative of the estate of deceased party shall deliver a written notice to the surviving party describing the number of Shares actually or beneficially owned by the decedent at the time of death (the "Estate Shares").

  • The legal representative of the deceased party shall represent and warrant to the surviving party that the purchaser shall receive good and marketable title to the Estate Shares, as applicable, purchased and that such Shares are free from all liens, encumbrances or interests of third parties at the time of closing.

  • At the closing, the surviving party shall pay to the deceased party's estate, as applicable, a cash down payment equal to ten percent (10%) of the Purchase Price for the Estate Shares, to be purchased by the surviving party and shall deliver a promissory note, as provided for in Article 11 of this Agreement, for the balance of such Purchase Price.

  • The notice shall also designate a time and place for the closing which shall be within thirty (30) days after the date of such written notice, at which time the survivor may purchase all or a portion of the Estate Shares for the Market Price.

  • In addition each of the Sellers will independently and without reliance upon investment advice from Purchaser, and based on such information as such Seller deems appropriate, make its own analysis and decision with respect to the sale of any of the Estate Shares or the HoldCo Shares, as applicable.

  • The Estate is delivering to the Company stock certificates representing the Purchased Estate Shares duly endorsed for transfer or accompanied by duly executed stock powers or forms of assignment; and the Company is delivering to the Estate the amount to be paid for the Purchased Estate Shares by wire transfer of immediately available funds to one or more accounts designated by the Estate in writing to the Company.

  • Each of the Sellers acknowledges and agrees that such Seller is acting and will act solely for such Seller’s own account and not for any person in any transaction that such Seller may enter into with respect to the sale of any of the Estate Shares or the HoldCo Shares, as applicable.

  • Each of the Sellers is not relying on any communication (written or oral) from Purchaser as investment advice or as a recommendation to sell any of the Estate Shares or the HoldCo Shares, as applicable; it being understood that information and explanation related to the terms and conditions of the sale of any of the Estate Shares or the HoldCo Shares, as applicable, shall not be considered investment advice or a recommendation to sell such shares.

  • All capitalized terms have the respective meanings given them in the Agreement and Declaration of Trust of Pioneer Real Estate Shares, as may be amended or restated from time to time.

  • This Trust shall be known as Pioneer Real Estate Shares and the Trustees shall conduct the business of the Trust under that name or any other name as they may from time to time determine.

Related to Estate Shares

  • Private Shares shall have the meaning given in the Recitals hereto.

  • Note Shares means the shares of Common Stock issuable upon conversion of a Note, including any outstanding principal and accrued interest.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Real estate sign means a temporary non-illuminated sign installed, erected or displayed on a property for the notification that a building, premises or portion thereof is offered for sale, rent or lease;

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • 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:

  • Company Units has the meaning set forth in the Recitals.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Unit Shares means the Common Shares comprising part of the Units;

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Estate means, as to each Debtor, the estate created for the Debtor in its Chapter 11 Case pursuant to section 541 of the Bankruptcy Code.

  • Membership Interests has the meaning set forth in the recitals.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Incentive Shares means an award of shares granted pursuant to Section XIII.

  • Trust Units means the units of the Trust.