IFC Shares definition

IFC Shares means the Equity Securities of the Company subscribed for by IFC pursuant to the Subscription Agreement and/or otherwise held by IFC from time to time;

IFC Shares the aggregate of:

IFC Shares means one thousand (1000) fully paid equity shares of the Company having a face value of Rupees Ten (INR 10) each and bearing the rights as set forth in the Shareholders' Agreement.

Examples of IFC Shares in a sentence

• For a period of eighteen (18) months from the Closing Date, the Company shall not issue any New Securities to any Person on financial terms which are more favourable than the financial terms on which IFC CCD’s and IFC Shares are issued to IFC.

• The Selling Shareholders do not intend to sell the IFC Shares, either currently or after the passage of a fixed or determinable period of time or upon the occurrence or non-occurrence of any predetermined event or circumstance.

• The Selling Shareholders are taking the IFC Shares for their own account and for investment, with no present intention of dividing their interest with others or of reselling or otherwise disposing of all or any portion of the IFC Shares.

• The IFC Shares shall be listed on the Xxxxxxxx Stock Exchange, freely transferable and tradable and not be subject to any transfer restrictions.

• The Selling Shareholders are not aware of any circumstances presently in existence which are likely in the future to prompt a disposition of the IFC Shares.

More Definitions of IFC Shares

IFC Shares means (i) the common shares of the Company held by the IFC Parties from time to time (but excluding any common shares acquired after the date of this Agreement other than (A) common shares issued or distributed by the Company by way of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or similar transaction or (B) common shares acquired with the consent of the Itaú Parties) and (ii) any securities representing a beneficial ownership interest in the common shares referred to in subclause (i) of this definition;

IFC Shares means the Shares subscribed or, as the context may require, to be subscribed pursuant to the IFC Subscription;

IFC Shares means Shares of the Company to be acquired by IFC pursuant to the Investment Agreement;

IFC Shares means Shares of the Company to be acquired by IFC pursuant to the Investment AgreementIFC Special Conditons;

IFC Shares means collectively all the Shares of the Company, with full voting rights, held by IFC from time to time, including without limitation any Shares issued to IFC upon the conversion of the IFC FCCBs.

IFC Shares the Shares subscribed or to be subscribed for pursuant to the IFC Subscription; "IFC Subscription" the subscription for Shares by IFC provided for in Article IV;

IFC Shares means (i) the common shares of the Company held by the IFC Parties from time to time (but excluding any common shares acquired after the date of this Agreement other than (A) common shares issued or distributed by the Company by way of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or similar transaction or (B) common shares acquired with the prior written consent of the Itaú Parties), (ii) any Share Equivalents held by the IFC Parties from time to time (but excluding any Share Equivalents acquired after the date of this Agreement other than (A) Share Equivalents issued or distributed by the Company by way of stock dividend, stock split or distribution, or in connection with a combination of shares, recapitalization, reorganization, merger or consolidation, or similar transaction, or upon the conversion, exercise or exchange, as applicable, of the foregoing Share Equivalents or (B) Share Equivalents acquired with the prior written consent of the Itaú Parties); and (iii) any securities representing a beneficial ownership interest in the common shares or Share Equivalents referred to in subclauses (i) and (ii) of this definition;