Foundation Shares definition

Foundation Shares means the New Shares with an aggregate Subscription Price of DKK 6.0 billion that the Foundation has irrevocably undertaken to subscribe for in the Rights Issue pursuant to the Foundation Irrevocable Subscription Undertaking;
Sample 1Sample 2Sample 3
Foundation Shares whenever it is used in this Addendum designates and includes all Cobalt shares Beneficially Owned by the Foundation at the time as of which the term shall be applied.
Sample 1

Examples of Foundation Shares in a sentence

  • In the event that the Foundation breaches any of its material obligations under the Transaction Agreements, Barloworld will have a right, and not an obligation, to repurchase all or a portion of the Foundation Shares at Par Value.

  • Some facilities components, such as pavements, runway lights and guidance sign systems are always the responsibly of the airport operator.

  • Ports need to invest in expanding and renewing their facilities on an ongoing basis to keep up with competition from other ports and to cater to their customers and cargo demands.

  • The key features of the Foundation Housa Shares described above apply to both the UK Foundation Shares (the return on which is linked to the Halifax UK House Price Index) and the Greater London Foundation Shares (the return on which is linked to the Halifax Greater London House Price Index).

  • All estimates between NLW and CFW changed sign when model 2 was fitted.

  • Of the17.3 million Shares to be sold by Vendor Shareholders pursuant to this Prospectus, approximately 14.0 million are Shares held by those three key individuals on conversion of their Foundation Shares.

  • Community Foundation Shares Lessons in Supporting Nonprofit Infrastructure Learning from successes (and mistakes) is considered a best practice in grantmaking,but foundations may find it challenging to take the time to do so in an intentional manner.

  • The Company will not deliver the Shares or the Foundation Shares until the Primary Parties have satisfied or caused to be satisfied each condition set forth in Section 11 hereof, unless such condition is waived in writing by the Agent.

  • At the Closing Time, the Securities and the Foundation Shares shall have been approved for listing on the Nasdaq Stock Market.

  • AEMO's proposed rule does not explicitly require it to follow the "causer pays" principle.


More Definitions of Foundation Shares

Foundation Shares means all of the Company Shares owned by the Foundation.
Sample 1
Foundation Shares means the ordinary foundation shares of £1.00 in the share capital of the company from time to time;
Sample 1
Foundation Shares means all the common D Shares in the capital of the Company legally owned by the Foundation, details of which are set out in Schedule 1 Part B; Foundation Share Consideration means those of the Consideration Warrants that are to be transferred in consideration for the sale of the Foundation Shares; Freshfields means Freshfields Bruckhaus Deringer of 65 Fleet Street, London EC4Y 1HS;
Sample 1
Foundation Shares means, upon Transfer in accordance with this sentence, up to 4,000,000 Shares that constitute Owned Shares as of the date of this Agreement, which Shares may be Transferred by the Stockholder after the date of this Agreement to The Xxxxxxxx Family Foundation or another entity or entities for estate planning, educational or other charitable purposes.
Sample 1

Related to Foundation Shares

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

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

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

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

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • 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.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Acquired Shares has the meaning set forth in the Recitals.

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