Initial Investment Shares definition

Initial Investment Shares has the meaning set forth in Section 2.5.5(a).
Initial Investment Shares means Ordinary Shares that the Investor shall purchase from the Issuer, and the Issuer shall issue to the Investor in connection with the Initial Investment, the number of which shall equal the quotient of (a) $25,000,000 less the Warrant Purchase Price, divided by (b) $10.00, rounded down to the nearest whole share.

Examples of Initial Investment Shares in a sentence

  • Upon consummation of transactions contemplated by the Investment Agreement by the relevant Closing Date (as defined below) as set forth in the Investment Agreement, the Holder will hold the Initial Investment Shares, the Further Investment Shares and, if applicable, the Additional Further Investment Shares (as such terms are defined in the Investment Agreement, collectively, the “Shares”).


More Definitions of Initial Investment Shares

Initial Investment Shares will mean those shares of Series B Common Stock purchased by HNS with the Initial Investment. The terms of this Section VI.C assume that the Initial Investment Shares will be 10,000,000 shares. D.
Initial Investment Shares means the shares of Series 2 Preferred Stock acquired by the Investors on May 10, 2012.

Related to Initial Investment Shares

  • Initial Investors means (A) X.L. Insurance Company, Ltd.; (B) The Trident Partnership, L.P.; (C) Xxxxx & McLennan Risk Capital Holdings, Ltd.; or (D) any majority-owned subsidiary or parent (or equivalent in the case of a non-corporate entity) of the foregoing.

  • 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.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

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

  • Payment Shares has the meaning set forth in Section 2.02;

  • Commitment Shares shall have the meaning set forth in Section 12.04.

  • Initial Invested Amount means the sum of the Class A Initial Invested Amount and the Class B Initial Invested Amount.

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

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

  • 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.

  • Purchased Securities has the meaning assigned in the Terms;

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

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Additional Shares shall have the meaning specified in Section 14.03(a).

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.