Initial Subscription Shares definition

Initial Subscription Shares means 500 Ordinary Shares (comprising 50 per cent. of the Ordinary Shares) and 48,629,464 Redeemable Preference Shares (comprising 42.70 per cent. of the Redeemable Preference Shares);
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Initial Subscription Shares means the Class A Subscription Shares, the Class B Subscription Shares, the Class C Initial Subscription Shares and the Class D Subscription Shares;
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Initial Subscription Shares means the aggregate of First Tranche Subscription Shares and Second Tranche Subscription Shares;
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Examples of Initial Subscription Shares in a sentence

  • References are made to the announcements (the “ Announcements”) of Value Convergence Holdings Limited (the “Company”) dated 1 July 2019, 22 July 2019, 16August 2019, 10 September 2019 and 26 September 2019 respectively in respect of the Subscription Agreement in relation to (i) subscription for Initial Subscription Shares; and (ii) connected transaction – grant of Option to subscribe for Further Subscription Shares and Convertible Bonds.

  • The fair market value of the Initial Subscription Shares has been offset against any Subscription to be settled.Under the agreement, the Company issued 337,771 fully paid ordinary shares on 16 December 2021, in satisfaction of a fee payable to the Investor.

  • The premium on each Redeemable Preference Share forming part of the Initial Subscription Shares issued in accordance with this Clause 2.1 shall be €8.68 (being the EPRA net asset value per Target Share shown in the Target’s audited financial statements as at 31 December 2020).

  • The Company will also have the right (but no obligation) to forego issuing shares in relation to the Investor’s request for issuance and instead opt to repay the subscription amount by making a payment to the Investor equal to the market value of the shares that would have otherwise been issued.The Company made an initial issuance of 580,000 Subscription Shares (Initial Subscription Shares) to the Investor on 16 December 2021, towards the ultimate number of Subscription Shares to be issued.

  • Condition precedent The obligations of the Company to allot and issue the Subscription Shares and the Subscriber (or its permitted assigns) to subscribe and pay for the Initial Subscription Shares on the Closing Date and for the relevant Option Shares on the relevant Option Closing Date (as the case may be) are subject to the Company having obtained the approval from the Listing Committee of the Stock Exchange for the listing of, and permission to deal in, the Subscription Shares.

  • Subscription Price and Consideration The aggregate subscription price payable to Glorious Stand for the nine GSL Initial Subscription Shares by Rosy Commerce is US$9 (equivalent to approximately HK$70), which shall be payable by Rosy Commerce in cash or by capitalisation and offset of the USD equivalent of the HKD amount of the GSL Existing Loan at the Agreed Exchange Rate.

  • The Company will issue and allot the Initial Subscription Shares to the Subscriber (or its permitted assigns) as soon as practicable upon receipt of the subscription money.

  • Each of Sasol and Sasol Financing hereby acknowledges in favour of the Class C Preference Shareholders that the Guarantee is given by each of Sasol and Sasol Financing in favour of the Class C Preference Shares is in respect of the obligations of the Company to the Class C Preference Shareholders on account of and in connection with the Class C Initial Subscription Shares and the Class C Subsequent Subscription Shares.

  • No later than two (2) Business Days prior to the Relevant Closing Date, the Investor shall provide to the Company the name and corporate information of the Chilean custodian to whose account the Company will make the correspondent credit of the Initial Subscription Shares or the Subsequent Subscription Shares in the name of such custodian, as the case may be, at the Relevant Closing.

  • The net proceeds from the issue of 10,000,000 Initial Subscription Shares are estimated to be approximately HK$9.7 million.


More Definitions of Initial Subscription Shares

Initial Subscription Shares has the meaning set forth in Section 2.1 hereof.
Sample 1
Initial Subscription Shares means the number of Ordinary Shares equal the Purchaser’s Initial Subscription Amount divided by the Initial Per Share Purchase Price.
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Related to Initial Subscription Shares

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • 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.

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

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

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

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

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

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

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

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

  • Sale Shares shall have the meaning given to it in Recital (B);

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Subscription Price has the meaning set forth in Section 2.1.