Initial Share Capital definition

Initial Share Capital means all of the shares in the capital of Mallinckrodt issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of seven Mallinckrodt Ordinary Shares and 40,000 ordinary A shares, par value €1.00 per share, of Mallinckrodt.

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Initial Share Capital means all of the shares in the capital of nVent issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of two nVent Ordinary Shares, 25,000 euro deferred shares, with a par value of €1.00 per share, and the Initial nVent Preferred Share, all of which are held by an Irish corporate services provider.

Initial Share Capital means all of the shares in the capital of SpinCo issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of two ordinary shares, 25,000 euro deferred shares, with a par value of €1.00 per share, and one preferred share, with a par value of $0.01, all of which are held by an Irish corporate services provider.

Examples of Initial Share Capital in a sentence

In addition, our Founding Shares will be convertible following the consummation of the Business Combination into Public Shares representing between 8% and 24% of our Initial Share Capital.
The Initial Share Capital of the Company shall amount to €400,000.
On the date on which the JV Company is organized and registered in accordance with the laws of ADGM, Presight and TOTM Tech shall each hold the following percentage of the JV Company’s Initial Share Capital: Presight fifty-one percent (51%) and TOTM Tech forty-nine percent (49%) (such respective interests, the “Shareholder Percentage Interests”).
The Initial Share Capital shall be subscribed and paid for by each Party in the amount set forth opposite each Party’s name in Annex VI under the heading “Initial Share Capital” at a premium of Rupees ninety (Rs. 90) per Share, in accordance with Annex VI and the shareholding ratio set forth in Article 5.3 within sixty (60) Business Days following the establishment of a bank account by the JVC, or such earlier date as the Parties may mutually agree.
The amount of dilution that Public Shareholders will experience will depend on whether we achieve the performance targets that trigger the conversion of Founding Shares into Public Shares: • The first conversion instalment, representing 8% of our Initial Share Capital, will occur when we consummate a Business Combination.
Following a Business Combination, our Founding Shareholders will hold Public Shares representing at least 8%, and upon the satisfaction of certain conditions, up to 24%, of our Initial Share Capital, and they may acquire additional Public Shares through the exercise of Founding Warrants.
Following the contribution of the Initial Share Capital by the Parties, additional Share Capital shall be subscribed for, paid by and issued to the Parties, in accordance with the shareholding ratio set forth in Article 5.3, simultaneously to each of the Parties at the time or times prescribed by the Board of Directors pursuant to Article 5.7, up to each Party’s Maximum Share Capital (as defined below).
Contribution of LOCAL to Initial Share Capital of JOINT COMPANY Contribution of FOREIGN to Initial Share Capital of JOINT COMPANY Marketing Agreement [Product 2] of JOINT COMPANY Marketing Agreement [Product 1] of JOINT COMPANY Between FOREIGN whose principal office is [address] represented by [name and position], which is hereinafter called "the Licensor" and LOCAL whose principal office [address] represented by [name and position], which is hereinafter called "the Licensee".
The Parties agree that on consummation of the Merger at the Effective Time, TopCo IRE shall acquire and cancel, for no consideration, all of the shares in the capital of TopCo IRE issued and outstanding as of immediately prior to the consummation of the Merger (the "Initial Share Capital").

More Definitions of Initial Share Capital

Initial Share Capital means all of the shares in the capital of Mural issued and outstanding as of immediately prior to the consummation of the Distribution, which consists of two Mural Ordinary Shares, 25,000 euro deferred shares, with a par value of €1.00 per share, and the Initial Mural Preferred Share, all of which are held by an Irish corporate services provider.

Initial Share Capital means all of the shares in the capital of Adient issued and outstanding as of immediately prior to the Effective Time, which consists of one Adient Share and 25,000 euro deferred shares, par value €1.00 per share, of Adient.

Initial Share Capital means the structure of capital of the Company before the Conversion Date;

Initial Share Capital means the issued share capital of the Company as at the date of this agreement as set out in schedule 9;

Initial Share Capital is defined in Article 5.2.