Initial Parent Closing Shares definition

Initial Parent Closing Shares means 8,000,000 shares of Parent Common Stock.
Sample 1

Examples of Initial Parent Closing Shares in a sentence

  • Immediately prior to the Closing, Company shall wire to the Stockholders’ Agent $35,000 (the “Expense Fund Amount”), and to the extent that the Estimated Net Working Capital is less than the Target Net Working Capital Amount due to the payment of the Expense Fund Amount, then the Initial Parent Closing Shares shall be reduced by such Expense Fund Amount on a dollar-for-dollar basis using the Parent Common Valuation.

Related to Initial Parent Closing Shares

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Second Closing Date has the meaning set forth in Section 1.3.

  • Subsequent Closing has the meaning set forth in Section 3.2.

  • Second Closing has the meaning set forth in Section 2.2.

  • Closing Warrants shall have the meaning ascribed to such term in Section 2.1(a)(ii).

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Parent Closing Price means the volume weighted average closing trading price of a share of Parent Common Stock on Nasdaq for the five consecutive trading days ending five trading days immediately prior to the date upon which the Merger becomes effective.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Closing Stock Price means the Stock Price as of the last day of any Performance Measurement Period.

  • Make-Whole Acquisition Stock Price means the consideration paid per share of Common Stock in a Make-Whole Acquisition. If such consideration consists only of cash, the Make-Whole Acquisition Stock Price shall equal the amount of cash paid per share of Common Stock. If such consideration consists of any property other than cash, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on each of the 10 consecutive Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • IPO Closing Date means the closing date of the IPO.

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date