Excluded Shares definition

Excluded Shares has the meaning set forth in Section 2.1(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Excluded Shares means any Shares held by the Company, Parent, Purchaser or any of their respective Subsidiaries and any Dissenting Shares.

Excluded Shares has the meaning set forth in Section 3.01(c).

Examples of Excluded Shares in a sentence

At the Closing, such Seller shall convey and deliver to the Company good and valid title to all of such Seller’s Shares (excluding, for the avoidance of doubt, the Excluded Shares), free and clear of all liens, claims, security interests and rights of third parties.
Each Excluded Share shall cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist, subject to any rights any Dissenting Stockholders may have pursuant to Section 4.2(f) with respect to any Excluded Shares that are Dissenting Shares.
Except for the Excluded Shares (as defined below), the Shares represent all of the shares of Common Stock presently held or owned, of record or beneficially, by such Seller or that such Seller has the right to acquire.

More Definitions of Excluded Shares

Excluded Shares means, collectively, (i) the Rollover Shares and (ii) Shares held by Parent, the Company or any of their Subsidiaries.

Excluded Shares means any shares of Company Common Stock owned by Parent, the Company or their respective Subsidiaries immediately prior to the Effective Time, excluding any such shares of Company Common Stock owned by a Company Benefit Plan or held on behalf of third parties.

Excluded Shares has the meaning set forth in Section 4.1(a).

Excluded Shares means shares acquired pursuant to an offer for all shares having voting power if the offer was made within one year prior to the corporate action for consideration of the same kind and of a value equal to or less than that paid in connection with the corporate action; and [PL 2011, c. 274, §59 (NEW).]

Excluded Shares is defined in Section 1.1(a) of the Agreement.

Excluded Shares shall have the meaning provided in Section 6.3(b).

Excluded Shares means shares of Company Common Stock owned or held (including as treasury shares), other than in a bona fide fiduciary or agency capacity or in satisfaction of a debt previously contracted, by Purchaser, the Company or a Subsidiary of either.