First Closing Shares has the meaning set forth in Section 2.1(a).
First Closing Shares means preferred shares of Canadian OpCo having a fair market value of Ten Million Dollars ($10,000,000).
First Closing Shares means the aggregate of the Initial First Closing Shares and the Additional First Closing Shares, if any. "First Closing Purchase Price" means the aggregate of the Initial First Closing Purchase Price and the Additional First Closing Purchase Price, if any.
Examples of First Closing Shares in a sentence
Subject to the terms and conditions set forth herein, Seller shall sell to Buyer, and Buyer shall purchase from Seller, the First Closing Shares, and the Second Closing Shares, free and clear of all Encumbrances, for the consideration specified in Section 2.02.
More Definitions of First Closing Shares
First Closing Shares. Six Million (6,000,000) shares of Common Stock that the Company will issue to Purchaser at the First Closing.
First Closing Shares is defined in Section 1.1(a).
First Closing Shares means the First Closing Subscription Amount divided by the Per Share Purchase Price.
First Closing Shares wherever used in Section 4.1 of the Original Agreement, shall be deemed to refer to the Transferred Stock; and
First Closing Shares means the number of shares of Series A Preferred equal to (i) 721.15 minus (ii) the quotient of (A) all accrued and unpaid dividends on the First Closing Shares through the date hereof divided by (B) 1,040; e.g. the Final Shares were 690.8 shares of Series A Preferred as of October 5, 1998.
First Closing Shares means the 1,250 shares of Preferred Stock issuable to the Purchasers at the First Closing.
First Closing Shares means 1,346,154 shares of Common Stock.