Initial Purchased Shares definition

Initial Purchased Shares means the Purchased Shares made available for purchase pursuant to Purchased Shares Awards granted as of the Effective Date pursuant to Section 6(b).

Initial Purchased Shares means such number of Company Shares vesting in the Investors a “control block” (‘dvukat shlita’) within the meaning of the Companies Law as of the Closing Date, taking into account (i) the Company Shares beneficially held by or on behalf of the Investors on the date hereof (being 622,843) and (ii) the Company Shares held by Ronex as of the Closing (being 3,253,367) (as of immediately prior to the purchase of Company Shares by Ronex from the Founders) and (iii) the Shareholders Agreement.

Initial Purchased Shares has the meaning set forth in Section 2.1 of this Agreement.

Examples of Initial Purchased Shares in a sentence

• Upon receipt of the Shareholder Approvals (other than with respect to the Initial Purchased Shares and the Series B Preferred Shares to be issued at the Second Closing, for which Shareholder Approvals are not required), the Securities to be issued pursuant to this Agreement and the Other Securities Purchase Agreements shall have been duly authorized by all necessary corporate action of the Company.

• The Company hereby grants to the Management Investor the right to purchase, on the terms and conditions set forth in this Agreement, all or any part of the number of shares of Common Stock indicated on Annex A hereto (the "Initial Purchased Shares") at the purchase price of $100 (the "Purchase Price") per share.

• The Executive shall not have the right to require the Employer to repurchase such Vested Securities, Initial Securities, Vested Purchased Shares and Initial Purchased Shares.

• The purchase price per Purchased Share shall be the equivalent of US$33.00 per ADS, and the aggregate purchase price for the Purchased Shares (the “Purchased Shares Purchase Price”) shall be US$200,000,130, which is the sum of the aggregate purchase price for the Initial Purchased Shares and the aggregate purchase price for the Subsequent Purchased Shares.

• Neither PrivateCo, nor any of the PrivateCo Subsidiaries or their affiliates, nor any Person acting on its or their behalf, has engaged in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with the offer or sale of the Initial Purchased Shares.

More Definitions of Initial Purchased Shares

Initial Purchased Shares means the Purchased Shares issued on the Initial Closing Date.

Initial Purchased Shares means the Exchange Shares issued in exchange for the Initial Purchased Shares (as defined in the Securities Purchase Agreement) purchased by the initial Holder of this Warrant.

Initial Purchased Shares has the meaning set forth in the recitals.

Initial Purchased Shares means the number of shares of Class A Common Stock indicated in the Selling Schedule as the number of shares of Class A Common Stock to be sold by any Seller to the Purchaser at the Initial Closing.

Initial Purchased Shares means, with respect to each Non-YBR ------------------------ Holder, all shares of Common Stock and Preferred Stock (a) purchased by such Non-YBR Holder as of the Original Issue Date and (b) issuable to such Non-YBR Holder pursuant to a distribution from the Company's Senior Executives' Deferred Compensation Plan pursuant to any deferral election made thereunder on or prior to the Original Issue Date, and any securities of the Company which may be issued or distributed with respect to, or in exchange or substitution for, or conversion of, such Initial Purchased Securities.

Initial Purchased Shares has the meaning set forth in Section 2.02(a). ------------------------ ---------------

Initial Purchased Shares means the largest number of Maximum Purchased Shares permitted by applicable Laws and Regulatory Approvals to be purchased by the Company at Closing;