Exchange Shares definition

Exchange Shares has the meaning set forth in Section 2.01(b).

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Exchange Shares has the meaning set forth in the Recitals.

Exchange Shares is defined in Section 2.2.

Examples of Exchange Shares in a sentence

Effective as of the Closing, and except for obligations expressly arising under this Agreement or the Support Transfer arrangement between DCG and ▇▇▇▇▇▇ solely to facilitate surrender of the Exchange Shares, each Party hereby releases each other Party from any and all claims arising out of or relating to the November 2023 share exchange, the Company’s acquisition of ESG Inc., the ownership of ESG China, and the China operations, existing on or before the Closing Date.
Upon receipt of the Exchange Shares in book-entry form through the transfer agent and satisfaction or waiver of all conditions to Closing, the Company shall accept the Exchange Shares in exchange for the ESG China Shares and shall cause the Exchange Shares to be retired and canceled on its stock ledger.
At the Closing, or immediately prior thereto in book-entry form through the transfer agent, the following shares of Company common stock shall be surrendered to the Company as Exchange Shares: DCG: 7,632,800 shares; ▇▇▇▇▇▇: 1,400,000 shares; Ever Vast: 420,000 shares; and Gao: 980,000 shares.
The Parties agree that the distribution of the ESG China Shares and the surrender, redemption, retirement and cancellation of the Exchange Shares are part of one integrated Split-Off Transaction and constitute full and sufficient consideration as between the Parties.
Notwithstanding the Economic Effective Time, the legal transfer of ESG China and the redemption and cancellation of the Exchange Shares shall occur only upon the actual Closing.

More Definitions of Exchange Shares

Exchange Shares has the meaning set forth in Section 3.2(c)(ii).

Exchange Shares means Company Common Stock issued or issuable upon the exchange of the Warrants pursuant to the terms thereof.

Exchange Shares is defined in the recitals to this Agreement.

Exchange Shares has the meaning set forth in Section 4.1 hereof.

Exchange Shares means shares of Common Stock issued or issuable in exchange for principal and interest under a Note.

Exchange Shares shall have the meaning set forth in Section 24(a).

Exchange Shares has the meaning set forth in the recitals hereto.