First Subscription Shares definition

First Subscription Shares means the 624,000 new Shares to be allotted and issued fully paid by the Company to the Investors at the First Subscription Price, representing 11.35% of the existing issued share capital of the Company and 9.69% of the issued share capital of the Company as enlarged by the issue of the Subscription Shares and the issue of Shares to other investors referred to in clause 6.1.3 (such Shares together with the Subscription Shares not exceeding 936,004);
First Subscription Shares means the 45,656 Selfcare Sale Shares represented by Certificate No. 122 dated 22 March 1994 and any further certificates issued to Enviromed in respect thereof pursuant to the stock split referred to in Recital (C);
First Subscription Shares means 66,000,000 newly issued and allotted Shares of the

Examples of First Subscription Shares in a sentence

  • The First Subscription Price for the First Subscription Shares shall be HK$39,000,000 payable by the Investors to the Company in cash in US$ denomination on Completion.

  • Upon receipt by the Company of the First Subscription Purchase Price as consideration for the issue thereof, the First Subscription Shares will be validly issued and outstanding as fully-paid and non-assessable common shares in the capital of the Company; and the attributes of the First Subscription Shares conform in all material respects with the description the Common Shares contained in the Public Disclosure Record.

  • Following satisfaction of the First Conditions and provided that neither it nor the Company has exercised its termination rights under Clause 5.4 prior to the time at which the First Conditions are satisfied, GENENCOR agrees to subscribe for the First Subscription Shares.

  • The Company and the Subscriber hereby authorise their respective solicitors to complete the subscription of the First Subscription Shares on the basis of cross undertakings insofar as it may be necessary to do so.

  • Subject to clause 2.1, on the First Completion Date, the Subscriber or its nominee agrees to subscribe (in aggregate) for the First Subscription Shares and the Company agrees to allot and issue the First Subscription Shares fully paid to the Subscriber at the Subscription Price.

  • The First Subscription Price for the First Subscription Shares shall be paid by the Subscriber in full at the First Completion in the manner as set out in Clause 3.1(a).

  • The Company shall procure the entry of GENENCOR in the register of members of the Company as the registered holder of the First Subscription Shares and the delivery to GENENCOR of appropriate share certificate(s) duly executed by the Company in respect of the First Subscription Shares within 3 business days following First Completion.

  • Each Investor understands that no representation has been made as to the availability of any exemption under the Securities Act for the reoffer, resale, pledge or transfer of the First Subscription Shares (and, to the extent allotted and issued to the Second Investor, the Second Subscription Shares).


More Definitions of First Subscription Shares

First Subscription Shares means 135,416,667 new Barclays Ordinary Shares to be allotted and issued to the First Investor pursuant to this Agreement;
First Subscription Shares means: (a) the First Tranche Alclin Shares (161 710 B Class Ordinary Shares - Alclin in Alclin); and (b) the First Tranche Alclin Manufacturing Shares (161 710 B Class Ordinary Shares – Alclin Manufacturing in Alclin Manufacturing);
First Subscription Shares means 10,000 Shares subscribed by the Subscriber under this agreement.
First Subscription Shares has the meaning specified in Clause 2.1;
First Subscription Shares means such number of Ordinary Shares to be issued to GENENCOR on First Completion as shall be determined in accordance with the provisions of clause 4;