MRS Shares definition

MRS Shares shall have the meaning ascribed to it in the preamble.
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MRS Shares means common shares representing seven point fifty-nine percent (7.59%) of MRS’s total outstanding capital stock and class A preferred shares representing one point zero four percent (1.04%) of MRS’s total outstanding capital stock.
Sample 1

Examples of MRS Shares in a sentence

  • Each of Congonhas Minérios, its Subsidiaries (if any) and CSN (in relation to CSN Establishment), has good and marketable title to all properties, assets and rights (other than Real Estate) owned by it (including to the CSN Stake in Namisa and the MRS Shares) in accordance with the relevant titles, in each case free from Liens (other than Claims, which are disclosed in Section 7.1(g)) and defects that could affect the value thereof or interfere with the use made of them.

  • By execution of this Agreement, MAURO agrees to vote his MRS Shares in favor of the Merger and to complete all other acts necessary to Close under this Agreement.

  • The Company does not control directly or indirectly or, except for the equity participation resulting from the MRS Shares Contribution, own or hold, directly or indirectly, any equity or other ownership interest in any corporation, limited liability company, partnership, joint venture or other entity that is not a Subsidiary.

  • The Conversion Ratio shall be subject to equitable adjustment in the event of any stock split, stock dividend, reverse stock split, or other change in the number of MRS Shares or SCN Shares outstanding.

  • Except as set forth in Schedule 7.1(g), there is no Claim involving Congonhas Minérios, its Subsidiaries (if any), CSN (in relation to CSN Iron Ore Division and its related business activities), CSN’s Stake in Namisa or the MRS Shares in relation to which CSN or Congonhas Minérios have received a legal notice currently in progress before any Governmental Authority.

  • In addition to such information, the Agreement to Closing shall also state (i) the current capital stock of the Company, after the MRS Shares Contribution, (ii) the exact number of the Acquired Shares and New Shares and (iii) the corresponding price per share for the Acquired Shares and New Shares to be paid by Buyer to Seller and the Company, respectively, on the Closing Date.

  • At and as of the Effective Time, all of the issued and outstanding MRS Shares shall be converted into the right to receive a total of 243,833 SCN Shares (the ratio of 243,833 SCN Shares divided by the total number of MRS Shares outstanding is referred to herein as the "Conversion Ratio").

  • All of the issued and outstanding MRS Shares have been duly authorized and are validly issued, fully paid, and nonassessable.

  • Schedule 6.1.8 of this Agreement sets forth the number of outstanding shares of capital stock of the Company prior to and immediately after the MRS Shares Contribution, the names of all holders thereof and the number and percentage of shares owned by each such holder.

  • As used in this Agreement, the following terms shall have the meanings set forth below: “1st Installment of the CSN Establishment” means (i) the assets, rights and liabilities of the CSN Iron Ore Division that are related to Casa de Pedra, listed item 1 of Exhibit I; (ii) MRS Shares; and (iii) MRS Bound Share.

Related to MRS Shares

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Sold Shares shall have the meaning specified in Section 6.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • 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.

  • Dissenters’ Shares has the meaning set forth in Section 4.07.

  • Stockholder Shares means any Common Stock owned by a Stockholder on the date of the closing of the Transactions or hereafter, together with any equity securities issued or issuable directly or indirectly with respect to such Common Stock by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.

  • Other Shares means at any time those shares of Common Stock which do not constitute Primary Shares or Registrable Shares.

  • Newco Shares means the common shares in the capital of Newco;

  • Subject Shares means that number of Shares set forth on the Securityholder’s signature page attached to this Agreement, being all of the Shares owned legally or beneficially, either directly or indirectly, by the Securityholder or over which the Securityholder exercises control or direction, either directly or indirectly, and shall further include any Shares issued upon the conversion, exercise or vesting, as applicable, of Convertible Securities or otherwise acquired by the Securityholder after the date hereof.

  • Company Shares means the common shares in the capital of the Company;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • 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.

  • Acquired Shares has the meaning set forth in the Recitals.

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

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • Owned Shares means the Company Common Shares Beneficially Owned by the Shareholder as of the applicable record date (including any Company Common Shares that the Shareholder may acquire after the date hereof) for which the Shareholder has sole voting power.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

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

  • Exchanged Shares has the meaning ascribed thereto in Section 2.1.