Initial Consideration Shares has the meaning ascribed by Clause 4.2;
Initial Consideration Shares means the Common Stock of Marquee Inc. to be issued by Marquee Inc. at Completion pursuant to Clause 3.2(a) and ranking pari passu with the existing Common Stock of Marquee Inc. at the date of issue;
Initial Consideration Shares means the Common Stock of the Purchaser to be issued by the Purchaser at Completion pursuant to Clause 3.1(b) and ranking pari passu with the existing Common Stock of the Purchaser at the date of issue;
Examples of Initial Consideration Shares in a sentence
The closing of the Initial Consideration Shares (the “Initial Closing”) shall take place remotely via the electronic exchange of documents and signatures on the tenth (10th) Business Day following the last of the conditions to the Initial Closing set forth in Section 10.01 and Section 10.02 and Article XI are satisfied or waived other than conditions that by their nature are to be satisfied as of the Initial Closing, or on such other date and time as may be mutually agreed in writing by the Parties.
More Definitions of Initial Consideration Shares
Initial Consideration Shares means such number of validly-issued, fully-paid and nonassessable shares of Common Stock that have not been registered under the Securities Act issued to the Borrower at the Closing as are equal to (a) $1,000,000 divided by (b) the per-share Common Stock closing price as quoted on the NASDAQ Small Cap market system on the last trading day immediately preceding the date of the Closing.
Initial Consideration Shares means the number of shares in the common stock of the Purchaser determined in accordance with paragraph 5 of Schedule 3.
Initial Consideration Shares has the meaning set out in Section 2.2(1)(a).
Initial Consideration Shares means the number of new Ordinary Shares to be issued by IMC which will equal 51 per cent of the total aggregate number of Ordinary Shares then in issue following such issuance (on a fully diluted basis) and will, when issued and allotted to MVI, result in MVI’s shareholding in IMC increasing by 51 percentage points) as calculated in a manner consistent with the example set out in Annex 4;
Initial Consideration Shares means the number of shares of Series C Formula One Stock calculated by dividing (a) the Initial Share Consideration by (b) the 20-Day VWAP expressed in Euros (calculated into Euros at the Exchange Rate as of the Determination Date) (such result in clause (b), the “Euro Share Price”);
Initial Consideration Shares means that number of shares of Class A Common Stock as shall be determined by dividing (a) EUR 350,000, by (b) 100% of the closing price per share of Boxlight’s Class A Common Stock, as traded in the United States on Nasdaq on the trading day which shall be five Business Days following Closing, to be allotted, credited as fully paid, to the Seller, in accordance with Clause 4.4.2.
Initial Consideration Shares means the aggregate number of shares of Parent Common Stock included in the Initial Consideration.