Examples of GS Shares in a sentence
I have read and understand the Firm’s hedging and pledging policies (including, without limitation, the Firm’s “Policies With Respect to Transactions Involving GS Shares, Equity Awards and GS Options by Persons Affiliated with GS Inc.”), and agree to be bound by them (with respect to the Award(s) and any prior awards under the SIP), both during and following my employment with the Firm.
Kazanci Holdings will retain voting rights over the GS Shares until such time as Goldman Sachs elects to sell the GS Shares to a third party.
If Goldman Sachs sells the GS Shares to a third party prior to the maturity of the Transaction, it will repay to Kazanci Holdings a corresponding amount of the cash collateral initially posted to Goldman Sachs together with cash paid interest until such date under the loan and there will be a corresponding pay down of the New Loan Facility.
Goldman Sachs will have the right to sell some or all of the GS Shares at any time before the sixth anniversary of the Transaction.
Upon completion of the equity purchase by Goldman Sachs described above, the GS Shares will be pledged as security for the New Loan Facility and a corresponding number of shares secured under the bridge facility will be released.
On the six year anniversary of the Transaction, Goldman Sachs will sell the remaining GS Shares back to Kazancı Holdings at a price per share equal to the initial purchase price.
Consequently, 52,24% of the Aksa Enerji shares pledged under the New Loan Facility will be provided by Kazancı Holdings and 13,30% will be GS Shares.
As at 31 December 2016, Key Fit continues to hold the 1,116,000,000 GS Shares which were purchased at the consideration of HK$0.035 per Sale Share.
The lenders will have no recourse to Goldman Sachs other than in respect of the GS Shares.
The GS Shares have been duly and validly issued and are outstanding, fully paid and nonassessable.