Payment for Shares definition

Payment for Shares. The vested portion of this option may be exercised by the delivery of:
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Payment for Shares. The Option may be paid for by delivery to the Company of the following together with the Notice of Exercise:
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Payment for Shares. You are hereby authorized and instructed to deliver, as set forth below, to the Merger Consideration Recipient the Closing Per Common Share Merger Consideration (as defined in the Merger Agreement) for each share evidenced by the enclosed certificate(s) formerly representing a Company Common Share and/or the Per Preferred Share Merger Consideration (as defined in the Merger Agreement) for each share evidenced by the enclosed certificate(s) formerly representing a Company Preferred Share, less any withholding 2 66 therefrom required by applicable law, for all Company Common Shares and/or Company Preferred Shares, as applicable, owned by the Merger Consideration Recipient and formerly represented by the stock certificate(s) so surrendered and to take all necessary actions to effect such delivery. Each Merger Consideration Recipient is entitled to receive amounts payable to him or her by wire transfer pursuant to the "Wire Transfer Instructions" set forth on the last page hereof. If such instructions are not provided, the Closing Per Common Share Merger Consideration and/or Per Preferred Share Merger Consideration, as applicable, shall be paid by you by issuing a cashier's check in the name of the Merger Consideration Recipient and mailing the same to the address of the Merger Consideration Recipient indicated herein. The Merger Consideration Recipient understands that if payment is to be made to a person other than the registered holder of the certificate(s) surrendered herewith, it is a condition of such payment that the certificate(s) be properly endorsed or otherwise in proper form for transfer and that the Merger Consideration Recipient must pay any transfer or other Taxes required by reason of the payment to such other person or establish to the reasonable satisfaction of Purchaser that such Taxes have been paid or are not applicable. OWNERSHIP OF SHARES; AUTHORIZATIONS: The Merger Consideration Recipient represents and warrants that the Merger Consideration Recipient: (i) is the record owner of the certificates formerly representing the Shares, (ii) is the beneficial owner of the certificates formerly representing the Shares or has full authority and capacity to deliver certificates formerly representing the Shares on behalf of the beneficial owners, and (iii) has good and marketable title to the certificates formerly representing the Shares, free and clear of any liens, encumbrances, security agreements, claims, equities, charges, restrictions, voting...
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Examples of Payment for Shares in a sentence

  • Payment for Shares shall be made at such time and place and to such person on behalf of the ICAV as the Directors may from time to time determine and in such currency or currencies as the Directors may determine to be appropriate to receive subscriptions.

  • Payment for Shares purchased pursuant to the Offer could result in the Adviser being required to raise cash to accommodate the tender by liquidating portfolio holdings in the Fund earlier than the Adviser would otherwise have caused these holdings to be liquidated, potentially resulting in losses or increased operating expenses for the Fund.

  • Payment for Shares tendered and purchased will be made only after receipt by the Transfer Agent on or before the Expiration Date of a properly completed and duly executed Letter of Transmittal and any other required documents.

  • Payment for Shares purchased by post must accompany the application.

  • Payment for Shares purchased must be made by no later than three business days after the valuation point at which the buying order is executed.

  • Payment for Shares purchased pursuant to the Offer could result in the Investment Manager being required to raise cash to accommodate the tender by liquidating portfolio holdings in the Fund earlier than the Investment Manager would otherwise have caused these holdings to be liquidated, potentially resulting in losses or increased operating expenses for the Fund.

  • Payment for Shares redeemed or repurchased shall be made in cash or in property out of the assets of the Trust, or if applicable, the relevant Class or Series to the Shareholder of record at such time and in the manner, not inconsistent with the 1940 Act or other applicable laws.

  • Payment for Shares purchased pursuant to the Offer may also require the Fund to liquidate portfolio holdings earlier than the Investment Manager would otherwise have caused these holdings to be liquidated, potentially resulting in losses or increased investment related expenses.

  • Payment for Shares shall be in the form of a check, wire transfer, Automated Clearing House transfer (“ACH”) or such other methods to which the parties shall mutually agree.

  • Payment for Shares shall be in the form of a check, wire transfer, Automated Clearing House transfer or such other methods to which the parties shall mutually agree.


More Definitions of Payment for Shares

Payment for Shares. The employee shall make payment to the owner upon exercising his option to purchase shares as allowed under this agreement.
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Payment for Shares. You are hereby authorized and instructed to deliver, as set forth below, the Shareholder's portion of the Merger Consideration set forth on Schedule 2.3 of the Merger Agreement (which such Shareholder acknowledges is accurate and complete and in accordance with any and all agreements with such Shareholder and other Shareholders), less any withholding therefrom required by Applicable Law, for all shares of Company Common Stock owned by the Shareholder and formerly represented by the stock certificate(s) so surrendered and to take all necessary actions to effect such delivery; provided that any shareholder holding Restricted Shares acknowledges that a portion of the Merger Consideration:
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Related to Payment for Shares

  • Option Price means the price at which a Share may be purchased by a Participant pursuant to an Option.

  • Placement for adoption or “Placement” means the assumption and retention by a person of a legal obligation for total or partial support of a child in anticipation of the adoption of the child.

  • Payment Shares has the meaning set forth in Section 2.02;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Grant Price means the price established at the time of grant of a SAR pursuant to Article 7, used to determine whether there is any payment due upon exercise of the SAR.

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

  • Option Exercise Price means the price at which a share of Common Stock may be purchased upon the exercise of an Option.

  • Stock Purchase Price has the meaning set forth in Section 2 of the Subscription Agreement.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • SAR Exercise Price means the per share exercise price of a SAR granted to a Grantee under Section 9 hereof.

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Purchased means the date shown on the front of the cashed check, the date of the financial transaction, or the date on the engine purchasing agreement, whichever is earliest.

  • Full Payment or “Full Payment of the Obligations” means, with respect to any Obligations (other than contingent indemnification obligations or other contingent obligation for which no claim has been made or asserted, Hedge Obligations not then due and payable, if any, and Cash Management Obligations not then due and payable, if any), (a) the full cash payment thereof, including any interest, fees and other charges accruing during an Insolvency Proceeding (whether or not allowed in the proceeding) and (b) the termination or expiration of all Term Loan Commitments.

  • Enrollment Form means an agreement pursuant to which an Eligible Employee may elect to enroll in the Plan, to authorize a new level of payroll deductions, or to stop payroll deductions and withdraw from an Offering Period.

  • Option to Purchase has the meaning set forth in Section 13.1.

  • Subscription Price has the meaning set forth in Section 2.1.

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

  • Investment Form means a standardized form prescribed by the Management Company to be duly filled by the investor to purchase Units and will be stated in this Offering Document.

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

  • Delivery ex stock means immediate delivery directly from stock actually on hand.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2011-1 Vehicle for which the related 2011-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • the Purchase Price means the price to be paid by the Buyer to the Seller for the purchase of the Property;

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.