Grantor Shares definition

Grantor Shares means shares of common stock of Grantor, par value $0.01 per share.
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Examples of Grantor Shares in a sentence

  • Pursuant to the Stock Purchase Agreement, Secured Parties will sell the Grantor Shares to Purchaser, and the Purchaser will buy the Grantor Shares from Secured Parties, on the terms and subject to the conditions set forth in the Stock Purchase Agreement.

  • Secured Parties collectively own one hundred percent (100%) of the outstanding capital stock of Grantor (collectively, the "Grantor Shares").

  • Pursuant to the Stock Purchase Agreement, Secured Parties sold the Grantor Shares to Purchaser, and the Purchaser bought the Grantor Shares from Secured Parties, on the terms and subject to the conditions set forth in the Stock Purchase Agreement.

  • At any Closing, (a) Grantor will deliver to Acquiror or its designee a single certificate in definitive form representing the number of Grantor Shares designated by Acquiror in its Exercise Notice, such certificate to be registered in the name of Acquiror and to bear the legend set forth in Section 7 and (b) Acquiror will deliver to Grantor the aggregate Exercise Price for the Grantor Shares so designated and being purchased by wire transfer of immediately available funds or certified check or bank check.

  • Prior to the consummation of the transactions contemplated by the Stock Purchase Agreement, the Secured Parties collectively owned one hundred percent (100%) of the outstanding capital stock of Grantor (collectively, the "Grantor Shares").

  • News coverage after the end of UNITAF was all negative in nature, focusing on the increasingly hostile environment soldiers were facing in Somalia and the casualties suffered by UN Peacekeepers and US Special Forces.

  • In the event Acquiror wishes to exercise the Grantor Option, Acquiror shall deliver to Grantor a written notice (an "Exercise Notice") specifying the total number of Grantor Shares it wishes to purchase.

  • Each closing of a purchase of Grantor Shares (a "Closing") shall occur at a place, on a date and at a time designated by Acquiror in an Exercise Notice delivered at least two business days prior to the date of the Closing.

  • Xxxxxx Revocable Trust, the holder of 49,500 shares of the Class A Common Stock, par value $.01 per share (such shares being the "Grantor Shares") of HealthCore Medical Solutions, Inc.

  • If Acquiror requests Grantor in writing, within 10 days of the receipt of notification from Grantor, to include in such registration statement any Grantor Shares then held by Acquiror, then, Grantor shall use its best efforts to include those Grantor Shares in the registration statement, to have the registration declared effective and to keep such registration current for a period of not less than 180 days.

Related to Grantor Shares

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

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

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Initial Pledged Shares means, collectively, with respect to each Pledgor, the issued and outstanding shares of capital stock of each issuer described in Schedule 11 annexed to the Perfection Certificate together with all rights, privileges, authority and powers of such Pledgor relating to such interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such shares of capital stock and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to the Initial Pledged Shares.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Owned Shares means the Company Common Shares Beneficially Owned by the Shareholder as of the applicable record date (including any Company Common Shares that the Shareholder may acquire after the date hereof) for which the Shareholder has sole voting power.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Voting Equity Interests means Equity Interests which at the time are entitled to vote in the election of, as applicable, directors, members or partners generally.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • 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.

  • Pledged Equity has the meaning specified in the Security Agreement.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

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

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

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.