Manager Shares definition

Manager Shares has the meaning set forth in Section 2.8(c).

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Manager Shares shall have the meaning set forth in the Recitals hereof.

Manager Shares means the shares of a par value of USD 1 in the capital of the Company having the rights and being subject to the restrictions described in sections 1 and 2 of Appendix 2 and ‘Manager Share’ shall be construed accordingly.

Examples of Manager Shares in a sentence

• The place and time of the closing for the Investment Manager Shares shall be as agreed upon by the Investment Manager and the Fund; provided, however, that the date of such closing for the Investment Manager Shares shall in no event be earlier than the Time of Purchase.

• The Fund also agrees, subject to the terms and conditions set forth herein, to sell to the Investment Manager, and, upon the basis of the representations, warranties and agreements of the Fund contained herein, the Investment Manager shall have the right to purchase from the Fund, at the same purchase price per share as the Underwriters shall pay for the Additional Shares, up to an aggregate of 1,000 Shares (the "Investment Manager Shares").

• Any Manager Shares shall bear a customary “restricted” legend, which may be a virtual legend, evidencing the restricted nature thereof.

• The Fund also agrees, subject to the terms and conditions set forth herein, to sell to the Investment Manager, and, upon the basis of the representations, warranties and agreements of the Fund contained herein, the Investment Manager shall have the right to purchase from the Fund, at the same purchase price per share as the Underwriters shall pay for the Additional Shares, up to an aggregate of [ ] Shares (the "Investment Manager Shares").

• Once the Manager Class A Ordinary Shares or Preferred Shares, if any, are Transferred to any Person who is not an Affiliate of the Manager, the Manager Shares shall thereafter have all voting rights that any other Voting Shares held by any Class A Member or Preferred Member, as applicable, have hereunder or pursuant to the Delaware Act.

More Definitions of Manager Shares

Manager Shares means the Manager's Shares (as defined in the respective organizational documents) of each of the Offshore Funds held, as of the date of this Agreement, by the Offshore Related Partnerships.

Manager Shares means the Manager Class A Shares, Manager Class B Shares and/or Manager Special Limited Voting Shares.

Manager Shares means the 100 shares, par value $0.001 per shares, authorized pursuant to Section 4.1(b) of the Amended and Restated Bye-Laws of the Company, as amended.

Manager Shares means at any time the shares of Common Stock issued by the Company to the Manager as payment for the base management fee and incentive fee pursuant to and in accordance with the terms and provisions of the Management Agreement, together with any class of equity securities of the Company or of a successor to the entire business of the Company which are issued in exchange for the Manager Shares.

Manager Shares are defined as the number of shares calculated by multiplying (i) the percentage of Manager's told equity equivalent to the penalty amount (i.e., the percentage calculated by dividing the dollar amount of the penalty by the dollar amount of Manager's total equity) by (ii) either (a) the membership interests of Manager, of no Change of Control Transaction has closed by March 31, 2001, or (b) the number of shares granted to Manager's members as consideration for their interests in Manager as a result of such change of control, if a Change of Control Transaction closes on or before March 31, 2001.

Manager Shares means the manager shares of a par value of USD 0.01 each in the capital of the Company having the rights and being subject to the restrictions described

Manager Shares. [ADDM VII, (SECTION)1] has the meaning set forth in section 2.1 of the Management Agreement.