Pooled Share definition

Pooled Share and “Pooled Shares” have the meanings ascribed to them in recital “C.” hereinabove; the particulars of which are set forth in Schedule “A” which is attached hereto; (n) “Pool Term” has the meaning ascribed to it in section “2.2” hereinbelow; (o) “Pooling Trustee” means {Pooling Trustee}, or any successor company, however formed, whether as a result of merger, amalgamation or other action; together with any successor trustee to the Pooling Trustee under this Agreement; (p) “Power of Attorney” has the meaning ascribed to it in section “5.3” hereinbelow; (q) “PPMH” means Pure Play Media Holdings, Inc., a company incorporated under the laws of the State of Nevada, USA, or any successor company, however formed, whether as a result of merger, amalgamation or other action; (r) “Regulatory Authorities” and “Regulatory Authority” means, either singularly or collectively as the context so requires, such regulatory agencies who have jurisdiction over the affairs of either PPMH, the Pooling Trustee and/or the Pooled Shareholder and including, without limitation, and where applicable, the Ontario Securities Commission, the United States Securities and Exchange Commission, NASDAQ and all regulatory authorities from whom any such authorization, approval or other action is required to be obtained or to be made in connection with the transactions contemplated by this Agreement; (s) “Release Condition” has the meaning ascribed to it in section “2.2” hereinbelow; and

Examples of Pooled Share in a sentence

  • The Pooling Trustee is not bound in any way by any other contract or agreement between the Parties hereto whether or not it has knowledge thereof or of its terms and conditions and its only duty, liability and responsibility shall be to hold and deal with the Pooled Share Documents as herein directed.

  • Upon receipt of notice of the Pooling Trustee’s intention to resign, the Parties shall, within three calendar days, select a replacement Pooling Trustee and jointly advise the Pooling Trustee in writing to deliver the Pooled Share Documents to the replacement Pooling Trustee.

  • The Pooling Trustee shall continue to be bound by this Agreement until the replacement Pooling Trustee has been selected and the Pooling Trustee receives and complies with the joint instructions of the Parties to deliver the Pooled Share Documents to the replacement Pooling Trustee.

  • Any fraction of a Pooled Share to be released from pool by the Pooling Agent will be disregarded and, in such circumstances, such number of Pooled Shares will be rounded down to the next whole number.