LF Shares definition
Examples of LF Shares in a sentence
Subject to the provisions hereof, the Buyer may require the Company to purchase the LF Shares, by delivery of a notice (a "Purchase Notice"), to the Company within ten days of the Put Date, at the Company's principal executive offices requesting the Company to purchase the Shares.
By delivering the certificates at the closing, the Buyer shall be deemed to represent to the Company that he owns beneficially and of record all of the LF Shares, free and clear of any and all pledges, liens, encumbrances or security interests of every kind or nature and all the LF Shares are freely transferable by the Buyer, and are not subject to any voting trusts, proxies or other agreements relating to the voting or transfer thereof.
Certificates representing the LF Shares to be purchased shall be delivered by the Buyer at the closing against payment.
On the basis of the Yu Shareholders’ latest disclosures of interests in LF, the Yu Shareholders are jointly interested in 33,161,037 LF Shares (representing approximately 10.02% of the issued share capital of LF) other than their indirect interest in LF held through their interests in LSG and LSD.
The Buyer shall not have the right to require the Company to purchase the LF Shares if he has previously sold, transferred or otherwise disposed of any of the LF Shares.
Other than through its interests in LSD, LSG does not have any interest in eSun Shares and LF Shares.
Newco will issue additional 17,920 shares to LF in consideration for their par value upon transfer to Newco, by LF, of the Second Loan Installment of the LF Loan (US$ 430K) (collectively the "LF Shares").