OBM Shares definition

OBM Shares means 61,158,013 (sixty one million one hundred fifty eight thousand thirteen) shares of common stock, and 2,107,681 (two million one hundred seven thousand six hundred eighty one) shares of Series B preferred stock, of OBM.
Sample 1Sample 2
OBM Shares means 61,158,013 (sixty one million one hundred fifty eight thousand thirteen) shares of common stock, and 5,000,000 (five million) shares of Series B preferred stock, of OBM.
Sample 1

Examples of OBM Shares in a sentence

  • The corporate rights resulting from the OBM Shares contributed to the Trust will be exercised by the Trustee pursuant to the written instructions it receives from MCO and CAV.

  • The corporate rights resulting from the OBM Shares shall be exercised by the Trustee pursuant to the written instructions it receives from Beneficiary A.

  • The foregoing, notwithstanding that Beneficiary A may give written instructions to the Trustee, of the terms pursuant to which the latter may grant a special power of attorney for acts of ownership, in favor of the attorney in fact appointed by Beneficiary A, to perform the Transfer of all or part of the OBM Shares that form part of the Trust Property.

  • The property rights resulting from the OBM Shares contributed to the Trust Property shall be exercised by the Trustee exclusively for the benefit, and in terms of, the written instructions it receives from Beneficiary A.

  • Each of MCO and CAV understands and agrees that the OBM Shares held by the Trust have not been and will not be registered under the Securities Act and are restricted securities under the Securities Act and the rules and regulations promulgated thereunder and are subject to the restrictions on transfer contained in Article 4 of this Agreement.

  • Subject to the provisions of this Agreement and of the Shareholders’ Agreement, Beneficiary A may give written instructions to the Trustee of the terms pursuant to which the latter may perform the Transfer of all, or part, of the OBM Shares (including but not limited to the termination of the Shareholders’ Agreement upon the consummation of a Liquidation Event – as such term is defined in the Shareholders’ Agreement).

  • Upon the occurrence of a Liquidation Event, the Vitel Stockholders shall give written instructions to the Trustee to perform the Transfer each such Vitel Stockholder’s Pro Rata Share of the OBM Shares that form part of the Trust Property to be sold as part of the Liquidation Event.

  • In connection with the OBM Shares, the Beneficiary B shall deliver to the Trustee the newly issued OBM Shares, issued in favor of the Trustee, and shall cause the appropriate official of OBM to issue an acknowledgement of such transfer and certifying that the Trustee is registered with OBM as one of its shareholders.

  • The Company shall contribute, assign and transfer to the Trustee ownership of, and title over, 61,258,013 newly-issued shares of Common Stock and 2,107,681 newly-issued shares of Series B Preferred Stock with 100 votes per share (collectively, the “ OBM Shares ”), for the benefit of MCO and CAV pursuant to the terms and conditions of the Related Agreements.

Related to OBM Shares

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

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

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

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

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

  • 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.

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

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

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Coop Shares Shares issued by a Cooperative Corporation.

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

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

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

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

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

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

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

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Sponsor Shares shall have the meaning given in the Recitals hereto.

  • 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.

  • Common Shares means the common shares in the capital of the Corporation;

  • Firm Shares has the meaning given to it in the first paragraph of this Agreement;

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).