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 has the meaning set forth in Section 2.1 hereof.

Initial Subscription Shares means the aggregate of First Tranche Subscription Shares and Second Tranche Subscription Shares;

Examples of Initial Subscription Shares in a sentence

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 premium on each Redeemable Preference Share forming part of the Initial Subscription Shares issued in accordance with this Clause 3.1 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).
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.
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.

More Definitions of Initial Subscription Shares

Initial Subscription Shares means the Class A Subscription Shares, Class B Subscription Shares, Class C Initial Subscription Shares and Class D Subscription Shares;

Initial Subscription Shares means the number of Ordinary Shares equal the Purchaser’s Initial Subscription Amount divided by the Initial Per Share Purchase Price.

Initial Subscription Shares has the meaning given in Clause 4.1;