Notional Share definition

Notional Share means any notional and unissued shares in the capital of the Issuer which have a preferential right to a return of assets in the winding- up of the Issuer over the holders of all other classes of issued shares for the time being in the capital of the Issuer but not further or otherwise.
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Notional Share means a Share that is notionally (rather than actually) the subject of an Award;
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Notional Share means a notional share equal in value to a Share, but having no legal rights attributable to a Share,
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Examples of Notional Share in a sentence

  • The Participant shall have no further rights respecting any Transition Notional Share that has been redeemed or forfeited.

  • The aggregate amount of Damages recoverable from all Sellers pursuant to this Article XI shall not exceed the greater of $5,000,000 and the Aggregate Notional Share Value.

  • Each Transition Notional Share shall receive a credit equal to the amount of dividends paid per Common Share.

  • The Option would vest with respect to the remaining 10% of the shares covered by the Option in 10 equal annual installments, commencing on the first anniversary of the effective date of the Executive’s employment agreement with the Company, and the per share exercise price of that portion of the Option would be the Initial Notional Share Price (as defined in the Subscription Agreement).

  • The Option would vest with respect to the remaining 10% of the shares covered by the Option in 10 equal annual installments, commencing on the first anniversary of the effective date of the Consultant’s consulting agreement with the Company, and the per share exercise price of that portion of the Option would be the Initial Notional Share Price (as defined in the Subscription Agreement).

  • Each Sentient Entity is acquiring the Series A Debentures, the Series B1 Debentures, the Series B2 Debentures, the Warrants, the Notional Share, and if issued, the Warrant Shares, the Conversion Shares and the Exchange Shares (collectively, the "Securities"); for investment purposes only for its own account, and not with a view toward, or for resale in connection with, any distribution thereof, and it has no present intention of selling or distributing any such securities.

  • With respect to any Notional Shares as to which the Co-Managers have not effected a deemed sale in accordance with this Section 3, such Notional Shares shall be deemed to have been sold on the Final Date for an amount per Notional Share equal to the actual per share closing price of the Designated Shares, on the primary exchange on which they trade, on the Final Date.

  • Each of the Guarantors agrees that its guarantee hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Obligation is rescinded or must otherwise be restored to any Loan Party by the Administrative Agent or any other Secured Party upon the bankruptcy or reorganization of any Loan Party or otherwise.


More Definitions of Notional Share

Notional Share shall have the meaning set forth in Section 2.1 hereof.
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Related to Notional Share

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Proportional Share means the annual revenue of a health care institution received in the form of medical assistance reim- bursement or public employee insurance from the state, divided by the total annual revenue of the health care institution.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).