Payment Shares has the meaning set forth in Section 2.02;
Payment Shares means shares of Common Stock issued by the Company as provided in Section 2(b) below.
Payment Shares has the meaning set forth in Section 3.01(b).
Examples of Payment Shares in a sentence
The Payment Shares are being issued at a deemed value of $0.25 per Payment Share.
More Definitions of Payment Shares
Payment Shares means (i) Default Shares (as defined in the Debenture), (ii) Interest Payment Shares (as defined in the Debenture) and (iii) shares issuable upon conversion of Failure Payments and other Required Cash Payments (as each is defined in the Debenture) into Common Stock of the Company. The Payment Shares shall be treated as Common Stock issuable upon conversion of the Debentures for all purposes hereof and thereof and shall be subject to all of the limitations and afforded all of the rights of the other shares of Common Stock issuable hereunder, including without limitation, the right to be included in the Registration Statement (as defined in the Registration Rights Agreement) filed pursuant to the Registration Rights Agreement.
Payment Shares means Restricted Payment Shares or Make-Whole Payment Shares.
Payment Shares means Registered Payment Shares, Restricted Payment Shares or Make-Whole Payment Shares.
Payment Shares means an Award granted to a Participant pursuant to Article 8 herein (other than Restricted Stock) in lieu of cash compensation otherwise payable to the Participant under the compensation plans and arrangements of the Company.
Payment Shares means 34,500,000 common shares without par value in the capital of the Purchaser described in Article 5.2 hereof;
Payment Shares means that portion of the Shares that the Company delivers to Holder to pay this Note pursuant to Section 3.