Payment Shares definition

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

  • All necessary corporate action has been taken or will have been taken prior to Closing to authorize the issue and the delivery of the Payment Securities at Closing and the Payment Shares will be validly issued as fully paid and non-assessable shares and the Purchaser has reserved for issuance.


More Definitions of Payment Shares

Payment Shares means Restricted Payment Shares or Make-Whole 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 has the meaning ascribed to it in Section 2.3(a) of this Agreement;
Payment Shares means an Award granted to a Participant pursuant to Article 8 (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 Ordinary Shares issued as payment pursuant to Section 7 of the Notes.
Payment Shares has the meaning set forth in Section 1.1.
Payment Shares means any Series A Common Stock, Series C Common Stock or Tripadvisor Common Stock issued to the Purchaser in payment of any obligations under the Series A Certificate of Designations or this Agreement.